<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri",sans-serif;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>I have attached the 2015 Proposed Budget with the 8.281 mill levy assessment included in the property tax line. Some of the expenditures have also been adjusted. The biggest change is to the Outfall Line expenses. Fortunately, the loan repayment is not as much as I thought. I was basing the payment amount on the entire debt payment and only 43% of the loan is for the outfall line. In addition, our portion of the Metro Wastewater payment is lower by $6,000. The amount Hillcrest is billing Cherry Hills North for 2015 is different than the detailed schedule in the Metro Wastewater budget. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I have also included the details of the budget line items, the Resolution to Adopt the Budget, Resolution to Appropriate Sums of Money, Resolution to Set the Mill Levies and the Certification of Tax Levies Form which is submitted to the County. Please advise if you would like me to make any changes.<o:p></o:p></p><p class=MsoNormal>Best regards,<o:p></o:p></p><p class=MsoNormal>Darcy<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><i><span style='font-size:12.0pt;font-family:"Times New Roman",serif'>Darcy Beard, CPA<o:p></o:p></span></i></b></p><p class=MsoNormal><i><span style='font-family:"Times New Roman",serif'>P.O. Box 3110<o:p></o:p></span></i></p><p class=MsoNormal><i><span style='font-family:"Times New Roman",serif'>Parker, Colorado 80134<o:p></o:p></span></i></p><p class=MsoNormal><i><span style='font-family:"Times New Roman",serif'>Office 303-841-3474<o:p></o:p></span></i></p><p class=MsoNormal><i><span style='font-family:"Times New Roman",serif'>Mobile 303-594-5488<o:p></o:p></span></i></p><p class=MsoNormal><i><span style='font-family:"Times New Roman",serif'>Fax 303-805-1988<o:p></o:p></span></i></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>