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Attachment A - Resolution 53

Special Meeting, October 23, 2025 · item 2G: Consideration of the following pertaining to the 2026 budget of the City of Boulder, Boulder Junction Access General Improvement District – … · 2 pages

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RESOLUTION 53

A RESOLUTION CONCERNING THE CITY OF BOULDER, BOULDER JUNCTION ACCESS GENERAL IMPROVEMENT DISTRICT - PARKING 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, BOULDER JUNCTION ACCESS GENERAL IMPROVEMENT DISTRICT - PARKING, 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, Boulder Junction Access General Improvement District - Parking (the “Parking District”) annually determine the amount of money necessary to be raised for the Parking District by an ad valorem tax levy on the taxable property in the Parking 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, BOULDER JUNCTION ACCESS GENERAL IMPROVEMENT DISTRICT - PARKING, THAT:

Section 1. Estimated expenditures for fiscal year 2026 are as follows: Capital Internal Services Operating Personnel Transfers Total

$300,000 3,988 111,936 141,860 19,921 $577,705

Section 2. Estimated revenues for fiscal year 2026 to fund the above expenditures are as follows: Investment Earnings Parking Revenues Property Tax Ownership Tax Total

$13,137 91,191 254,510 11,408 $370,246

Section 3. The proposed budget as submitted and hereinabove summarized be adopted as the budget of the Parking District for the 2026 fiscal year. ADOPTED this 23rd day of October 2025.

_______________________________ Chair Attest: _________________________________ Secretary