Kersey: extend 17.205-mill property tax levy 2028 to 2037

Kersey Ballot Issue 2B would extend the town’s existing property tax levy of 17.205 mills for ten more years, from 2028 through 2037. The levy was approved by voters earlier and is scheduled to expire. The question says the tax rate would not increase. The money would keep supporting the current level of town operations and services. A YES vote extends the levy. A NO vote lets it expire as scheduled.

FINANCIAL IMPACT STATEMENT

Actual, Historical and Current Estimated Fiscal Year Spending2 For purposes of the TABOR election notice, fiscal year spending is presented for the current year and the four preceding years. Fiscal Year 2026 (estimated) $ 3,266,160 2025 (actual) $ 3,706,752 2024 (actual) $ 3,096,967 2023 (actual) $ 3,036,223 2022 (actual) $ 1,991,467 Overall percentage change from 2022 to 2026: 60.7% Overall dollar change from 2022 to 2026: $1,208,427 1The complete text of the referred ballot issue and related election materials are available from the Town of Kersey. Election and ballot-return information for the coordinated election is provided by the Weld County Clerk and Recorder. 2Fiscal year spending excludes expenditures and reserve increases of enterprises and amounts excluded from fiscal year spending under Article X, Section 20 of the Colorado Constitution, including qualifying annual appropriation obligations. Estimated Effect of the Property Tax Extension BALLOT ISSUE NO. 2B: Estimated annual dollar amount of the tax extension: $517,698 Estimated fiscal year spending without the tax extension: $2,748,266 The ballot issue proposes to continue the existing 17.205-mill property tax levy for the ten-year period from 2028 through 2037. The measure does not propose an increase in the 17.205-mill tax rate.