Monday, August 24, 2015

Election will cost more than city expected

Posted By on Mon, Aug 24, 2015 at 1:03 PM

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The city of Colorado Springs has to pay $213,189 for the November election, not the $170,000 originally budgeted, according to documents being presented to City Council during Monday's work session.

That means the city will have to cough up a little more, unless the final tally works to the city's benefit.

The city has two measures on the November 3 ballot: One seeks voter permission to retain $2.1 million in excess revenue collected in 2014, which city officials say would be used for trails. The other seeks a sales tax increase of .62 of a percent, or about $50 million a year, to be dedicated to fixing the city's crumbling roads.

The November ballot is sure to be chock full of measures and candidates. It's the election where voters will elect school board members, for one thing. Manitou Springs will elect city officials, including a mayor.

But the city isn't in dire straights when it comes to ponying up additional money for the election. According to the financial report for the first seven months of the year, sales tax revenues are up nearly 5 percent this year compared to last. On the other hand, City Council has already spent 64 percent of its $968,081 budget, with five more months to go.

Here's the financial report:

 

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