Wednesday, August 21, 2019

Road tax and TABOR question likely to appear on city ballot

Posted By on Wed, Aug 21, 2019 at 12:10 AM

click to enlarge Voter-approved sales tax 2C funded removal of a median on North Carefree Circle. - COURTESY CITY OF COLORADO SPRINGS
  • Courtesy City of Colorado Springs
  • Voter-approved sales tax 2C funded removal of a median on North Carefree Circle.

City voters will be consulted on two tax measures in the Nov. 5 election.

Referred unanimously by City Council on Aug. 13, one issue seeks extension of the city’s 2015 voter-approved sales tax for roadwork for another five years, at .57 percent — lower than the current .62 percent.

Mayor John Suthers has vowed to tackle residential roads with the tax, if approved. The current tax raises about $50 million per year.

Voters also will be asked to allow the city to keep $7 million in 2018 excess revenue to spend on parks. The Taxpayer’s Bill of Rights requires revenue collected above a certain cap to be refunded unless voters allow the government to keep it. In this case, the measure’s failure translates to $30 per household refunded on utility bills. Council referred the measure 7-2, with Councilors Andy Pico and Don Knight opposed.

Tags: , , , , , , ,

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Pam Zubeck

Top Topics in The Wire

Local Government (11)


Politics (9)


Health (4)


Outdoors (3)


Elections (2)


All content © Copyright 2019, The Colorado Springs Independent

Website powered by Foundation