Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget Tax topic
No spam. Unsubscribe anytime.
Arapahoe sets 2024–25 property tax request, approves budget items and equipment purchases
Summary
The Arapahoe City Council approved Resolution 2024-24 setting the 2024–25 property tax request (General Fund $225,735; Bond Fund $84,840), approved the operating budget as printed, and authorized purchases of office computers ($9,364) and a pool circulating pump ($2,500).
The Arapahoe City Council on Sept. 17 approved Resolution 2024-24 to set the city’s 2024–25 property tax request and adopted the operating budget as included in the resolution.
Resolution 2024-24 sets the General Fund property tax request at $225,735 and the Bond Fund request at $84,840. The resolution states the city’s total assessed value changed by 5.97 percent from the prior year, notes the tax rate that would levy last year’s levy at 0.50308 per $100 of assessed value, and proposes a property tax rate of 0.490324 per $100 of assessed value. The resolution text also records that, based on the proposed property tax request and changes in other revenue, the total operating budget will change by -31.44 percent compared with last year (language as printed in the resolution).
On motions recorded in the minutes, the council adopted Resolution 2024-24 by roll call (ayes recorded: Carpenter, Middagh, tenBensel, Polston, Paulsen; Kreutzer absent). Subsequently, the council approved purchase of office computers at $9,364 and a circulating pump for the municipal pool at $2,500; both purchases passed on roll call.
The council’s claims list for the period Sept. 4–17, 2024 included routine operating items and vendor payments, notably an NPPD electricity charge of $73,422.99 and an invoice line for legal fees to Cline Williams of $4,322.50. The minutes also record a partial contract payment listed as "Five Rule - 1/4 contract pymt" for $7,800 in the claims ledger.
The council adjourned at 9:08 p.m.
