Wednesday, October 15, 2014

Stormwater measure draws $200K

Posted By on Wed, Oct 15, 2014 at 12:45 PM

This is a segment of one of the city's channels. - COURTESY CITIZENS FOR RESPONSIBLE STORMWATER ACTION
  • Courtesy Citizens for Responsible Stormwater Action
  • This is a segment of one of the city's channels.

Citizens for Responsible Stormwater Action
, the "vote yes" committee for ballot measure 1B, drew $197,975 in donations as of the filing period that spanned July 9 through October 9, and has spent $83,233, according to its campaign finance report filed Tuesday with the Secretary of State's Office.

1B seeks to establish the Pikes Peak Regional Drainage Authority and levy fees against property owners based on impervious surface of their property. The typical homeowner would pay $7.70 a month.

Those giving $5,000 or more: (All are from Colorado Springs unless otherwise noted)

Associated General Contractors of Colorado Building Chapter, Inc., Denver, $5,000.

Philip Lane, $5,000.

Downtown Partnership, $5,000.

Colorado Springs Regional Business Alliance, $9,500.

GE Johnson Construction Co., $10,000.

Housing & Building Association of Colorado Springs, $10,000.

MWH, Westminster, $10,000.

Tezak Heavy Equipment, Cañon City, $10,000.

Schmidt Construction, Inc., $10,900.

Issues Mobilization Committee, Englewood, $15,000.

Kathy Loo, $25,000.

Norwood Limited, Inc., $25,000.

Colorado Springs Forward, $25,000.

About $20,000 more has been donated by various individuals and companies with development interests such as realtors and construction firms.

As for spending, the largest amount went to Blakely & Co., an advertising firm, about $30,000.

Sarah Jack & Associates, $17,097.

Walker Strategies LLC, $36,000.

Here's the full report: 

Tax-cutting activist Douglas Bruce notes that most of the money for the ballot measure is coming from those who would be enriched by the $39 million a year it's expected to raise, namely contractors and others in the construction trades.

Bruce noted in an email to the Indy on Oct. 1, based on endorsements posted on the "vote yes" website:
See the "diverse coalition" listed at the tax pushers' website. Apart from politicians (who want more taxes to spend on their campaign donors), nearly all supporters have a financial interest in getting some of the $49 million [sic] yearly tax. Look at all the contractors who want to be paid for the drainage work. Look at all the developers who want US to pay for the backlog THEY created. Look at the Gazette, which is in bed with the developers who advertise in that paper. Look at "RBC Dain Raucher," a bond dealer who wants this new layer of government to borrow money (bonds) against the $49 million yearly revenue, so they can get huge commissions (which fix no drainage projects).

Etc. etc. Are you getting the picture? To understand political graft, "follow the money."
Bruce has since corrected the $49 million figure to say $40 million. The actual figure cited on the ballot measure is $39,275,650.

The opposition forces have a website at NoRainTax.net. That organization didn't file a campaign finance report that we could find.

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