Boulder City Council · Document
Attachment A Resolution 82
Special Meeting, October 23, 2025 · item 2E: Consideration of the following pertaining to the 2026 budget of the City of Boulder Forest Glen Transit Pass General Improvement District Fu… · 2 pages
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RESOLUTION 82
A RESOLUTION CONCERNING THE CITY OF BOULDER FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2026; AND SETTING FORTH RELATED DETAILS THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, ACTING AS THE BOARD OF DIRECTORS OF THE CITY OF BOULDER FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT, HEREBY FINDS AND RECITES THAT: A.
WHEREAS, Chapter 8-4 of the Revised Code of the City of Boulder requires that
the Board of Directors (the “Board”) of the City of Boulder Forest Glen Transit Pass General Improvement District (the “District”) annually determine the amount of money necessary to be raised for the District by an ad valorem tax levy on the taxable property in the district; and B.
WHEREAS, said Chapter 8-4 provides that prior to the start of proceedings for
said levy of taxes, the Board shall prepare and adopt a budget; and C.
WHEREAS, all requirements of said Chapter 8-4 pertaining to the giving of
public notice have been accomplished. BASED ON THE FINDINGS MADE IN THIS RESOLUTION, ABOVE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, ACTING AS THE BOARD OF DIRECTORS OF THE CITY OF BOULDER FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT, THAT:
Section 1. Estimated expenditures for fiscal year 2026 are as follows: Operating Transfers
Total
$19,167 921 $20,088
Section 2. Estimated revenues for fiscal year 2026 to fund the above expenditures are as follows: Investment Earnings Property Tax Ownership Tax Transfer from General Fund
Total
$628 17,550 449 5,245 $23,871
Section 3. The proposed budget as submitted and hereinabove summarized be adopted as the budget of the District for the 2026 fiscal year. ADOPTED this 23rd day of October 2025.
_______________________________ Chair Attest:
_________________________________ Secretary