Thursday, December 3, 2015

"Vote yes" group for potholes tax spent $405K

Posted By on Thu, Dec 3, 2015 at 10:10 AM

click to enlarge Potholes like these will get fixed with the new tax money. - PAM ZUBECK
  • Pam Zubeck
  • Potholes like these will get fixed with the new tax money.
Springs Citizens Building the Future raised $406,888 in campaign donations and spent $405,910 to promote passage on Nov. 3 of a five-year sales tax hike to pay for the city's crumbling roads.

Much of the money came from contractors, developers and associations affiliated with construction companies.

In the latest report, filed Thursday, the group reported raising $19,485 and spending $47,146, leaving it with $978.

Among the larger donors in the most recent reporting period, from Oct. 26 to today: (All are from Colorado Springs unless otherwise noted.)

$5,000, Cornella Brothers, Canon City.
$1,000, Great Western Bank, Sioux Falls, S.D.
$2,500, Juniper Investment Company
$2,500, Core Services Inc.
$2,500, Perry Sanders
$2,000, A-1 Chipseal Co., Denver
$1,250, Matt Coleman
$1,000, Zions Management Services Co., Salt Lake City, UT

The campaign committee spent most of its money outside Colorado Springs. In the latest filing, only $3,151 was spent locally.

The tax measure passed with flying colors. The tax becomes effective on Jan. 1 and lasts five years. Mayor John Suthers and other city officials have said it will raise $50 million a year.

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