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City Clerk’s Office Item # R-1
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: November 9, 2020
TO: President Dennis E. Flores and Members of City Council
VIA: Brenda Armijo, City Clerk
FROM: Nicholas A. Gradisar, Mayor
SUBJECT: AN ORDINANCE LEVYING AND CERTIFYING THE CITY OF PUEBLO
PROPERTY TAX MILL LEVY MADE IN 2020 FOR THE 2021 BUDGET YEAR
SUMMARY:
The attached Ordinance sets the mill levy for the property tax to be assessed and collected for
use in the 2021 budget.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
For the purpose of meeting the general operating expenses of the City of Pueblo during the
2021 Fiscal Year, this Ordinance will impose a mill levy upon real property located within the
City of Pueblo.
FINANCIAL IMPLICATIONS:
The levy is set at 15.633 mills, which is the same as 2020. It is estimated to generate
$15,423,559 in property tax, this amount is net of contractual refund obligations and estimated
uncollectible taxes. The assessed value, as provided by the Pueblo County Assessor, is
$1,130,382,799.
BOARD/COMMISSION RECOMMENDATION:
Not applicable.
STAKEHOLDER PROCESS:
Not applicable
ALTERNATIVES:
Not applicable.
RECOMMENDATION:
Approval of this Ordinance.
Attachments: Proposed Ordinance.
ORDINANCE NO. 9814
AN ORDINANCE LEVYING AND CERTIFYING THE CITY OF
PUEBLO PROPERTY TAX MILL LEVY MADE IN 2020 FOR THE
2021 BUDGET YEAR
WHEREAS, the City of Pueblo’s budget for fiscal year 2021 has been prepared; and
WHEREAS, the 2020 net assessed valuation of all taxable property in the City of Pueblo
as certified by the Pueblo County Assessor is $1,130,382,799; and
WHEREAS, the property tax revenue for the fiscal year 2021 is estimated to be
$15,423,559; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
For the purpose of meeting the general operating expenses of the City of Pueblo during
the 2021 Fiscal Year, there is hereby made, set and levied a tax of 15.633 mills upon each
dollar of the total assessed valuation of all taxable property located within the City of Pueblo on
the assessment date.
SECTION 2.
The City Council of the City of Pueblo does hereby certify to the County Commissioners
of Pueblo County, Colorado the following mill levy imposed by this Ordinance upon each dollar
of the total valuation for assessment of all taxable property located within the City of Pueblo on
the assessment date:
Gross Mill Levy 15.633 mills
SECTION 3.
The City Clerk is hereby directed to deliver a certified copy of this Ordinance, together
with a Certificate of Tax Levies, form DLG 70, properly completed by the Director of Finance, to
the County Commissioners of Pueblo County, Colorado, and the Division of Local Government
immediately after passage of this Ordinance.
SECTION 4.
All increases to the City of Pueblo’s net fund balance shall constitute and be considered
“reserve increases” and therefore a part of the City of Pueblo’s 2020 fiscal year spending. All
2020 year-end balances shall constitute and be considered “reserves” and all subsequent
expenditures and transfers from such reserves shall be excluded from the City of Pueblo’s fiscal
year spending within the meaning of Article X, Section 20 (2)(e) of the Colorado Constitution.
SECTION 5.
The officers and the staff of the City are directed and authorized to perform any and all
acts consistent with the intent of this Ordinance to effectuate the policies and procedures
described herein.
SECTION 6.
This Ordinance shall become effective on the date of final action by the Mayor and City
Council.
Action by City Council:
Introduced and initial adoption of Ordinance by City Council on November 9, 2020.
Final adoption of Ordinance by City Council on November 23, 2020 .
President of City Council
Action by the Mayor:
☒ Approved on November 25, 2020 .
☐ Disapproved on based on the following objections:
Mayor
Action by City Council After Disapproval by the Mayor:
☐ Council did not act to override the Mayor's veto.
☐ Ordinance re-adopted on a vote of , on
☐ Council action on __________________failed to override the Mayor’s veto.
President of City Council
ATTEST
City Clerk