Attachment B - Resolution 86 · Boulder Politics

Regular Meeting, October 15, 2026 · item 4G: Consideration of the following pertaining to the 2027 budget of the Forest Glen Transit Pass General Improvement District, City of Boulder, … · 2 pages

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RESOLUTION 86 A RESOLUTION ESTABLISHING THE 2027 FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT, CITY OF BOULDER, COLORADO, PROPERTY TAX MILL LEVY FOR PAYMENT OF EXPENDITURES, IN PART, OF THE DISTRICT DURING THE FISCAL YEAR 2027, 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 FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT, CITY OF BOULDER, COLORADO, 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 Forest Glen Transit Pass General Improvement District, City of Boulder, Colorado, (the “District”), has prepared and adopted a budget for the District for the 2027 fiscal year; and B.

WHEREAS, the Board has reviewed the projected expenditures of the District for

2027; and C.

WHEREAS, the Board has considered all sources of revenue of the District; and

WHEREAS, the preliminary assessed valuation information received from the

county under Article X, Section 20 of the Colorado Constitution indicates that the growth limit in the District for 2026 property taxes is 0.147%; and WHEREAS, to conform with information from the city, county, and/or other relevant sources, the Board has determined, pursuant to Section 39-1-111.5, C.R.S., that it will certify a temporary mill levy rate reduction credit of 2.310 from the gross mill levy of 2.310 for a net mill

levy of 0.000. 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 FOREST GLEN TRANSIT PASS GENERAL IMPROVEMENT DISTRICT, CITY OF BOULDER, COLORADO, THAT: Section 1. Effective at 12:00 midnight on December 31, 2026, there is hereby levied for the year of 2026, to be collected in 2027, a tax of 0.000 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: Gross Mill Levy (General Operating and Debt): Less Mill Levy Credit: Net Mill Levy:

2.310 (2.310) 0.000

Section 2. The Secretary of the District is directed to certify the within levy to the County Assessor, Boulder County, Colorado. ADOPTED this 15th day of October 2026.

_______________________________ Aaron Brockett, Chair Attest:

______________________________ Secretary