Boulder City Council · Document
Attachment B Resolution 83
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 83
A RESOLUTION ESTABLISHING THE 2025 CITY OF BOULDER FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT PROPERTY TAX MILL LEVY FOR PAYMENT OF EXPENDITURES, IN PART, OF THE DISTRICT DURING THE FISCAL YEAR 2026, 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, the City Council of the City of Boulder, Colorado, acting as the
Board of Directors (the “Board”) of the City of Boulder Forest Glen Transit Pass General Improvement District (the “District”), has prepared and adopted a budget for the District for the 2026 fiscal year; and B.
WHEREAS, the Board has reviewed the projected expenditures of the District for
2026; and C.
WHEREAS, the Board has considered all sources of revenue of the District; and
D.
WHEREAS, the Board has determined that a tax levy of 1.271 should therefore
be imposed; and E.
WHEREAS, to conform with the county information, a mill levy credit of 1.039
mills is necessary for a total of 1.271 mills to be assessed upon each dollar of assessed valuation of all taxable property within the area of the District.
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. Effective at 12:00 midnight on December 31, 2025, there is hereby levied for the year of 2025, to be collected in 2026 a tax of 1.271 mills upon each dollar of the total assessed valuation of all taxable property within the area of the District. The levy includes the following components: General Operating and Debt Less: Mill Levy Credit Net Mill Levy
2.310 (1.039) 1.271
Section 2. The Secretary of the District is directed to certify the within levy to the County Assessor, Boulder County, Colorado. ADOPTED this 23rd day of October 2025.
_______________________________ Chair Attest:
_________________________________ Secretary