Financial            
                   
 

The District Board adopts an annual budget by December 15th of each year for the following calendar year.  At this time, the Board establishes the property tax rate and level of fees and charges, if any, for the property within the District.  The District relies on the County Assessorís Office for certification of assessed values within the District.  The preliminary assessed valuation is received by August 25th of each year, and the final assessed valuation is received by December 10th.  The District Board of Directors establishes the property tax rate based on these values. 

The property tax rate consists of two components: 

            1.  Operations and Maintenance

The operations and maintenance mill levy provides for the on-going operations and maintenance of the District.            

2.  Debt Service. 

The debt service levy revenue is dedicated to payment of the principal and interest of the Districtís outstanding bonds, if any. 

An annual audit of the Districtís financial statements must be prepared annually and filed with the Colorado Division of Local Government and bondholders, if any.  In some cases, an exemption from the annual audit requirement may apply.

 
                   
       2018 Adopted Budget  
     
       2017 Adopted Budget  
                   
       2016 Final Audit Report  
                   
       2015 Final Audit Report  
                   
       2014 Final Audit Report  
                   
       2013 Final Audit Report  
                   
       Department of Local Affairs CTF Administration  
                   
 
 
  May 2012 Bond Refinancing Documents  
     
       2012 VOL-1 Compark Business Campus Metro District Transcript  Note: 20MB File  
                   
       2012 VOL-2 Compark Business Campus Metro District Transcript  Note: 16MB File  
                   
                   
                   
                   
                   
                   
      Copyright: 2012-2018 Compark Business Campus Metropolitan District