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County budget briefing: property tax share, mill levies and sample bill distribution
Summary
Deputy City and County Manager Dan Casey said property tax is the second-largest revenue source after sales tax, presented city and county mill levies (City 11.457, County 17.511), and showed a sample distribution with schools receiving about 64% and Broomfield about 23%.
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Dan Casey, Deputy City and County Manager, presented a county budget perspective, describing property tax as the second-largest revenue source after sales tax and showing a sample distribution of a property tax bill in which school districts receive about 64 percent, Broomfield receives about 23 percent and fire/other receive the remainder.
Casey provided mill-levy figures and changes: the City total mill levy was presented as 11.457 while the County total was 17.511; he noted the library fund is facing a negative change and that each revenue and policy decision functions as a lever within the fiscal system. Board members asked about the police bond decision process; Casey explained the process but said he was not part of the original decision team.
