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  1. 12/17/2010 PLATTE CANYON 2011 BUDGET APPROVED
  2. The Platte Canyon Board of Directors has adopted a 2011 budget calling for total expenditures of $2,085,981; $1,888,237 for operations and $197,743 for capital expenditures which is 12.3 percent less than budgeted in 2010. 
     
    the Board also recertified the property tax mill levy of 7.104 mills for general operations purposes and 0.010 mills to recover revenue from abatements and refunds made by Jefferson and Arapahoe Counties in tax year 2008.  This means that there will be no tax increase to Platte Canyon property owners in 2011.  The total mill levy to be assessed upon all property located within the Platte Canyon District is 7.114 mills or $7.114 for each $1,000 of assessed value.
     
    The Platte Canyon Board also adopted budgets and certified property tax mill levies for Platte Canyon Water and Sanitation District Subdistrict No. 1 and Platte Canyon Water and Sanitation District Subdistrict No. 2.  The two subdistricts are special taxing entities approved by voters in Columbine Townhouses Three and Columbine Townhouses Four.  Residents in the two subdivisions agreed to tax themselves to replace aging private water systems.  When the water system improvements were completed, Platte Canyon Water and Sanitation District assumed ownership and future maintenance responsibility of the facilities.
     
    You can view additional highlights and details pertaining to Platte Canyon’s 2011 Budget here.