Attachment A - Resolution 320

RESOLUTION 320 A RESOLUTION CONCERNING THE CITY OF BOULDER CENTRAL AREA GENERAL IMPROVEMENT DISTRICT ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2027; 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 CENTRAL AREA GENERAL IMPROVEMENT DISTRICT, HEREBY FINDS AND RECITES THAT:

A.

WHEREAS, Chapter 8-4 of the Boulder Revised Code requires that the Board of

Directors (the “Board”) of the City of Boulder Central Area General Improvement District (the “District”) annually determines 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 CENTRAL AREA GENERAL IMPROVEMENT DISTRICT, THAT:

Section 1. Estimated expenditures for fiscal year 2027 are as follows: Capital Internal Services Operating Personnel Transfers Total

$6,150,000 $508,454 $3,261,131 $1,685,379 $1,126,604 $12,731,568

Section 2. Estimated revenues for fiscal year 2027 to fund the above expenditures as follows: Investment Earnings Leases, Rents, and Royalties Other Revenues Parking Revenues Property Tax Ownership Tax Total

$288,781 $471,000 $66,870 $6,898,352 $1,313,016 $66,743 $9,104,762

Section 3. The proposed budget as submitted and hereinabove summarized be adopted as the budget of the District for the 2027 fiscal year.

ADOPTED this 15th day of October 2026.

________________________________ Aaron Brockett, Chair

Attest:

____________________________ Secretary