Larimer and Weld counties, Colorado

City seeks exemption for about $27.4 million valuation

From the Fort Lupton City Council meeting of

On Oct. 6, 2026, the council approved submitting Fort Lupton’s 2027 application to the Division of Local Government and ratified council signatures. The application seeks to exclude $27,432,866.03 in assessed valuation tied to new oil and gas production from the statutory property-tax revenue limit. It estimates a 50.006-mill levy and $17,980,913 in revenue with the exclusion, compared with 47.039 mills and $16,914,296 without it; the application estimates expenditures from the increased revenue at $1,066,616.44, for street and bridge infrastructure, storm drainage, and water and sewer lines. The application must be submitted by Nov. 1.

Adopted with the consent agenda (carried).

More from this meeting

  1. Fort Lupton City Council, Oct. 6, 2026

    Fort Lupton approves adjustable 70-mill post-debt levy limit for proposed industrial district; Fort Lupton approves estimated $83,992.62 deposit for water tower power; Fort Lupton approves up to $99,950 for water-valve trailer; 9 consent items adopted.

  2. Item 10.aFort Lupton approves adjustable 70-mill post-debt levy limit for proposed industrial district

    Before debt is issued, the operations and maintenance levy is capped at 55 mills; debt and repayment fees cannot begin until the city approves a development plan. Each phase still requires public hearings and final city review.

  3. Item 11.a and Item 11.bFort Lupton approves estimated $83,992.62 deposit for water tower power

    A separate pump-station deposit was also approved. Both estimates may change; United Power will refund overpayments within 30 days after work orders close, while shortfalls are due within 30 days of written notice.

  4. Item 11.cFort Lupton approves up to $99,950 for water-valve trailer

    The Fort Lupton City Council approved buying a Wachs valve exercise trailer from Intermountain Sales for Public Works water-line maintenance for up to $99,950 from the Utility Fund.

  5. Item 11.dFort Lupton approves pump charges regardless of pipeline capacity use

    The amendment applies with fiscal 2027 billing, requiring allottees to pay their allocated share of annual administration, operation, maintenance and repair costs. It removes a contract provision that recalculated shares when other participants in the same phase did not use…