Colorado § 43-2-203 County road and bridge budget - tax levy

Colorado Statutes

§ 43-2-203 — County road and bridge budget - tax levy

Colorado·Title 43 Transportation·Art. State, County, and Municipal Highways

(1)As a part of the total county budget and in conformity with the Local Government Budget Law of Colorado, part 1 of article 1 of title 29, C.R.S., each county shall annually adopt a county road and bridge budget for the ensuing fiscal year, which budget shall show: The aggregate amount estimated to be expended for county road and bridge construction, maintenance, and administration and the aggregate amount estimated to be paid from the county road and bridge fund to municipalities located within the county, either in cash or in equivalent value of materials to be furnished or work to be performed under mutual agreements with such municipalities, during said fiscal year; the amount being carried over for equivalent materials to be furnished or work to be performed from any prio

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(1) As a part of the
total county budget and in conformity with the Local Government Budget Law of
Colorado, part 1 of article 1 of title 29, C.R.S., each county shall annually adopt a
county road and bridge budget for the ensuing fiscal year, which budget shall show:
The aggregate amount estimated to be expended for county road and bridge
construction, maintenance, and administration and the aggregate amount
estimated to be paid from the county road and bridge fund to municipalities located
within the county, either in cash or in equivalent value of materials to be furnished
or work to be performed under mutual agreements with such municipalities, during
said fiscal year; the amount being carried over for equivalent materials to be
furnished or work to be performed from any prior fiscal year for any municipality
within the county pursuant to section 43-2-202 (2); the estimated balance in said
fund at the beginning of said fiscal year; the aggregate amount estimated to be
received from state, federal, or other sources during said fiscal year; and the
amount necessary to be raised during said fiscal year from the levy authorized in
subsection (2) of this section. The requirements of this subsection (1) do not apply to
any moneys in the county road and bridge fund pursuant to section 30-25-106 (3),
C.R.S.

(2) The board of county commissioners in each county is authorized to levy
such rate of tax on all taxable property located within the county as required, when
added to the estimated balance on hand at the beginning of said ensuing fiscal year
and the amount of all revenues, other than property tax revenue, estimated to be
received during said fiscal year, to defray all expenditures and payments estimated
to be made from the county road and bridge fund during said fiscal year. When
determining the rate of tax to be levied pursuant to this subsection (2), the board of
county commissioners shall exclude from the estimated balance of the county road
and bridge fund any moneys that it transferred to the fund pursuant to section 30-25-106 (3), C.R.S.

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Legislative History

Source: L. 51: p. 732, � 2. CSA: C. 143, � 9(2). CRS 53: � 120-1-3. C.R.S. 1963: � 120-1-3. L. 70: p. 321, � 2. L. 75: (1) amended, p. 1574, � 2, effective June 20. L. 2014: Entire section amended, (SB 14-007), ch. 3, p. 79, � 3, effective February 19.