Finance Committee Agenda and Packet 2021 09 27

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County Tax Entity Code 030701 CERTIFICATION OF VALUATION BY DOLA LGID/SID / BOULDER COUNTY ASSESSOR New Tax Entity � YES NO Date: August 24, 2021 NAME OF TAX ENTITY: CITY OF LOUISVILLE GENERAL OPERATING USE FOR STATUTORY PROPERTY TAX _REVENUE LIMIT CALCULATIONS (5.50/6 Ltnn1 ONLY IN ACCORDANCE WITH 39-5-121(2)(a) and 39-5-128(1), C.R.S., AND NO LATER THAN AUGUST 25, THE ASSESSOR CERTIFIES THE TOTAL VALUATION FOR ASSESSMENT FOR THE TAXABLE YEAR: 1. PREVIOUS YEAR'S NET TOTAL ASSESSED VALUATION: 1. $ $706 320 493 2• CURRENT YEAR'S GROSS TOTAL ASSESSED VALUATION: $ 2. $ $800,216,959 3. LESS TOTAL TIF AREA INCREMENTS, IF ANY: 3. $ $24,848,093 4. CURRENT YEAR'S NET TOTAL TAXABLE ASSESSED VALUATION: 4. $ $775,368,866 5. NEW CONSTRUCTION: * 5. $ $10,345,074 6. INCREASED PRODUCTION OF PRODUCING MINE: x 6. $ $0 7. ANNEXATIONS/INCLUSIONS: 7, $ $0 8. PREVIOUSLY EXEMPT FEDERAL PROPERTY: = 8• $ $0 9. NEW PRIMARY OILAND GAS PRODUCTION FROM ANY PRODUCING OILAND GAS 9. $ $0 LEASEHOLD OR LAND (29-1-301(1)(b), C.R.S.) 0: 10. TAXES RECEIVED LAST YEAR ON OMITTED PROPERTY AS OF AUG. 1 (29-1-301(1) 10. $ $327 (a), C.R.S.). Includes all revenue collected on valuation not previously certified: 11. TAXES ABATED AND REFUNDED AS OF AUG. 1 (29-1-301(1)(a),C.R.S.) and 11. $ $9,629 (39-10-114(1)(a)(1)(B), C.R.S.): # This value reflects personal property exemption IF enacted by the jurisdiction as authorized by Art. X, Sec. 20(8)(b), Colo. Constitution ' New Construction is defined as: Taxable real property structures and personal property connected with the structure. Jurisdiction must submit to the Division of Local Government respective Certifications of Impact in order for the values to be treated as growth in the limit calculation; use forms DLG52 & 52A. m Jurisdiction must apply to the Division of Local Government before the value can be treated as growth in the limit calculation; use Forth (DLG 52B. USE FOR TABOR "LOCAL GR0WTH" CALCULATION ONLY IN ACCORDANCE WITH ART. X, SEC.20, COLO.CONSTITUTION AND 39-5-121(2)(b), C.R.S., THE ASSESSOR CERTIFIES THE TOTALACTUAL VALUATION FOR THE TAXABLE YEAR: 1. CURRENT YEAR'S TOTAL ACTUAL VALUE OF ALL REAL PROPERTY: ¶ ADDITIONS TO TAXABLE REAL PROPERTY 2• CONSTRUCTION OF TAXABLE REAL PROPERTY IMPROVEMENTS:* 3. ANNEXATIONS/INCLUSIONS: 4. INCREASED MINING PRODUCTION: § 5. PREVIOUSLY EXEMPT PROPERTY: 6. OIL OR GAS PRODUCTION FROM ANEW WELL: 7. TAXABLE REAL PROPERTY OMITTED FROM THE PREVIOUS YEAR'S TAX WARRANT: (If land and/or a structure is picked up as omitted property for multiple years, only the most current year's actual value can be reported as omitted property. ): DELETIONS FROM TAXABLE REAL PROPERTY 8. DESTRUCTION OF TAXABLE REAL PROPERTY IMPROVEMENTS: 1. $ 2. $ $42,042,836 3. $ $0 4. $ $0 5. $ $1,883,400 6. $ $0 7. $ $0 8. $ $0 9. DISCONNECTIONS/EXCLUSIONS: 9. $ $0 10. PREVIOUSLY TAXABLE PROPERTY: 10. $ $0 ¶ This includes the actual value of all taxable real property plus the actual value of religious, private schools, and charitable real property. ' Construction is defined as newly constructed taxable real property structures. § Includes production from a new mines and increase in production of existing producing mines. IN ACCORDANCE WTIH 39-5-128(i), C.R.S., AND NO LATER THAN AUGUST 25, THE ASSESSOR CERTIFIES TO SCHOOL DISTRICTS: TOTAL ACTUAL VALUE OF ALL TAXABLE PROPERTY $ $p IN ACCORDANCE WITH 39-5-128(1.5), C.R.S., THE ASSESSOR PROVIDES: HB21-1312 VALUE OF EXEMPT BUSINESS PERSONAL PROPERTY (ESTIMATED): $ $1,231,782 The tax revenue lost to this exempted value will be reimbursed to the tax entity by the County Treasurer in accordance with 39-3-119.5(3). C.R.S. MUTE: ALL LEVIES MUST BE CERTIFIED to the COUNTY COMMISSIONERS NO LATER THAN DECEMBER 15. DLG 57 (Rey. 61)