General Improvement District No. 1 Board Meeting Monday, November 04, 2024 06:00 PM City Council Chambers 300 Laporte Avenue, Fort Collins

GENERAL IMPROVEMENT DISTRICT NO. 1

This meeting will be held at the conclusion of the regular Council meeting.

A)CALL MEETING TO ORDER

B)ROLL CALL

C)ITEM FOR DISCUSSION

1.First Reading of Ordinance No. 078, Acting as the Ex-Officio Board of Directors of General Improvement District No. 1, Approving the Fiscal Year 2025 Budget, Determining and Fixing the Mill Levy for Fiscal Year 2025, Directing the Secretary of the District to Certify such Levy to the Board of Commissioners of Larimer County and Making the Fiscal Year 2025 Annual Appropriation for the General Improvement District No. 1.

The purpose of this item is to set the mill levy of 4.924 and authorize the fiscal year 2025 appropriation for General Improvement District No. 1 (GID). The sum of $310,000 is anticipated to be collected from the mill levy of 4.924 mills for property taxes payable fiscal year 2025 imposed within the GID boundaries. Additional revenue for the GID from automobile specific ownership taxes and interest earnings in 2025 are estimated to total $66,964 resulting in an expected GID revenue total of $376,964 for 2025. The Ordinance appropriates funds in the amount of $319,731 from ongoing revenue for the operation of the GID in 2025.

2025 GID Budget Agenda Item Summary.pdf (0.09 MB)
2025 GID Budget Ordinance for Consideration.pdf (0.02 MB)
Exhibit A to Ordinance.pdf (0.02 MB)
Presentation.pdf (7.59 MB)

D)OTHER BUSINESS

E)ADJOURNMENT

Upon request, the City of Fort Collins will provide language access services for individuals who have limited English proficiency, or auxiliary aids and services for individuals with disabilities, to access City services, programs and activities. Contact 970.221.6515 (V/TDD: Dial 711 for Relay Colorado) for assistance. Please provide advance notice. Requests for interpretation at a meeting should be made by noon the day before.

A petición, la Ciudad de Fort Collins proporcionará servicios de acceso a idiomas para personas que no dominan el idioma inglés, o ayudas y servicios auxiliares para personas con discapacidad, para que puedan acceder a los servicios, programas y actividades de la Ciudad. Para asistencia, llame al 970.221.6515 (V/TDD: Marque 711 para Relay Colorado). Por favor proporcione aviso previo cuando sea posible. Las solicitudes de interpretación en una reunión deben realizarse antes del mediodía del día anterior.