Search TrailMark.org
TrailMark
  • Home
    • New Residents
    • Business Directory
    • Colorado State Parks Pass
    • Garbage & Recycling
    • Interior Paint
    • Home Page Archives >
      • 2023 Archives
      • 2022 Archives
      • 2021 Archives
      • 2020 Archives
      • 2019 Archives
      • 2018 Archives
      • 2017 Archives
      • 2016 Archives
      • 2015 Archives >
        • Pool Articles
      • 2014 Archives
      • Archives Before 2014 >
        • TrailMark Tracks Newsletter Archives
  • TrailMark HOA
    • Annual Report
    • Board Meetings
    • Board Members
    • Budget
    • Calendar
    • Committees >
      • Volunteer
      • Common Area >
        • Mission Statement - Common Area
      • Communications >
        • Mission Statement - Communications
      • Covenant Compliance >
        • Compliance Reports
        • Mission Statement - Covenant Compliance
      • Design Review (DRC) >
        • Swimming Pool Standard
        • Volunteer for the DRC
        • Mission Statement - Design Review
      • Safety >
        • Flock Security Cameras FAQ
        • LPD: Public Information
        • SMFR: Risk Reduction
      • Social Committee >
        • Mission Statement - Social
    • Elections >
      • 2022 HOA Election
      • 2021 HOA Election
      • 2020 HOA Election
    • FAQ
    • Financial Docs
    • Insurance
    • Models / Floor Plans
    • Newsletter
    • Pay Assessment Fees
    • Shea Property Updates >
      • Architect Pre-App Submission Docs
    • TrailMark's Websites and Pages
    • Contact TrailMark HOA
  • Metro District (TMMD)
    • Board Meetings (TMMD)
    • Board Members (TMMD)
    • Documents & Forms (TMMD) >
      • Financial Docs (TMMD)
      • Legal / Compliance (TMMD)
      • Document Archive (TMMD)
    • Election Information (TMMD) >
      • Past Election Results (TMMD)
    • FAQ (TMMD) >
      • Property Taxes FAQ
    • Newsletters & Updates (TMMD)
    • Reservoirs and Ponds
    • 2009 Pool & Community Center Evaluation
    • 2019 Privacy Fence Replacement Project
    • Taxes and Mills
    • Contact the TMMD
  • Star Canyon
    • Star Canyon Condominiums >
      • Board Meetings (SCC)
      • Board Members (SCC)
      • Committees (SCC) >
        • Landscaping Committee
        • Snow Committee
        • Social Committee (SCC)
      • Documents & Forms (SCC) >
        • Financial Docs (SCC)
        • Forms (SCC)
        • Governing Documents (SCC)
        • Policy (SCC)
      • FAQ (SCC) >
        • Did you know?
      • Floor Plans (SCC)
      • Insurance (SCC)
      • Newsletter (SCC)
      • Pay Assessment Fees (SCC)
      • Archives (SCC)
      • Contact the Condominium Association
    • Star Canyon Patio Homes >
      • Board Members (SCP)
      • Committees (SCP)
      • Documents & Forms (SCP) >
        • Roof Replacement Guidelines
      • FAQ (SCP)
      • Models / Floor Plans (SCP)
      • Contact Star Canyon Patio Homes HOA
  • Documents & Forms
    • HOA Documents & Forms >
      • Bylaws Table of Contents
      • First Amended & Restated Bylaws Table of Contents
      • Covenants Table of Contents
      • Design Guidelines Table of Contents >
        • Garage Door Standard
        • Solar Panel Installation Guidelines
    • Privacy Policy / Terms of Use
  • Contact
    • Who to Contact
    • Management Company
    • Covenant Compliance Company
    • Email Sign-up

Are There Limits to TMMD's Taxing Authority?


GENERAL FUND:

TMMD CANNOT impose a tax (mill) which generates more than $500,000 revenue per year for Operations (General Fund).  In 2015, this revenue limit effectively caps the general operations mill at 20.73  Click here for a detailed illustration of TMMD’s taxing limitations.


DEBT FUND:

TMMD can impose a tax (mill) up to 66.027 in order to service the current outstanding debt obligations (Debt Fund).  In 2015, TMMD could have set the mills for debt fund at 30.31.  Click here for a detailed illustration of TMMD’s taxing limitations.


The Service Plan limits the amount of debt TMMD can incur to 8.5 million.  To date, TMMD has used $8,333,977 of this debt authorization.  TMMD CANNOT incur debt (take out new bonds) in excess of 8.5 million without voter approval (TABOR vote) and an amendment to the Service Plan.  A TABOR vote is conducted during an official election.  Every registered voter in TrailMark receiving an election ballot would have the opportunity to vote whether TMMD should incur more debt.
HOME
HOA
TMMD (METRO DISTRICT)
STAR CANYON
WEBMASTER
(Please report issues.)
TrailMark at Chatfield HOA
Littleton, Colorado
 

Most files on this site are in PDF format and require a PDF viewer.
Download Adobe Reader to view the documents.
Picture
NEWSLETTER
CALENDAR
COMMUNITY MAP
DOCUMENTS & FORMS
CONTACTS
Content copyright 2023. TrailMark at Chatfield HOA. All rights reserved.

​Privacy Policy | Terms of Use