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Boulder council to pursue certified tax-rate target near $19,500 and expand public outreach
Summary
The council unanimously approved a motion to work with county officials to identify a certified tax rate that would raise Boulder's property-tax revenue to about $19,500 for FY2027 and agreed on public-notice steps including posting Version 9 by May 22 and holding a June 2 hearing.
At its May 5 meeting, the Boulder Town Council voted unanimously to work with the county to identify a target certified tax rate that would raise the town's estimated property-tax revenue to approximately $19,500 for Fiscal Year 2027 and to initiate required notification steps.
Mayor Cheryl Cox explained that because the town currently receives less than $20,000 annually in property taxes, Boulder qualifies for a simplified certified-rate adjustment process rather than a full Truth in Taxation proceeding. The council directed staff to submit a letter and meeting materials to the County Auditor/Clerk and the State Tax Commission as part of the required process.
Council Member Josh Ellis moved to authorize staff to work with the county to identify the target rate and to initiate the required procedural steps; Council Member Tina Karlsson seconded the motion, which passed by voice vote with all members in favor.
Public-notice plan: The council agreed to post Version 9 of the tentative budget and an updated PowerPoint by May 22 that will include comparisons to surrounding towns' tax rates, a historical summary of savings withdrawals, interest income from active cash management, a breakdown of how property tax dollars are distributed among taxing entities, and an explanation of why Truth in Taxation proceedings are not required. The council also agreed to post notices on the town bulletin board and consider informal office hours for resident questions prior to the June 2 public hearing.
Estimated resident impact: As discussed during the meeting, raising the certified rate near but below the $20,000 threshold was estimated to increase a household's tax by about $4.40 per month for a home assessed at $300,000; the council framed this as an illustrative example for public materials rather than a guaranteed final figure.
Next step: Staff will work with county officials to identify an exact certified rate and complete required notifications ahead of the June 2 hearing.
