Engineering (Permits/Projects/Stormwater)

Proposed Ballot Question - 1% Sales Tax Increase for Street-Related Infrastructure Improvements and Repairs

SHALL THE CITY OF CAÑON CITY'S TAXES BE INCREASED BY $3,500,000 ANNUALLY (ESTIMATED FIRST FULL FISCAL YEAR DOLLAR INCREASE) AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY THEREAFTER, DURING THE PERIOD FROM JANUARY 1, 2017 THROUGH DECEMBER 31, 2026, BY INCREASING THE RATE OF THE CITY SALES AND USE TAX BY ONE PERCENT (FROM 2.00% TO 3.00%), WITH THE REVENUES FROM SUCH TAX INCREASE TO BE USED EXCLUSIVELY TO FUND COSTS OF STREET-RELATED INFRASTRUCTURE IMPROVEMENTS AND REPAIRS, PRIORITIZED IN ACCORDANCE WITH THE CITY'S PAVEMENT MANAGEMENT PLAN CRITERIA, WITH SUCH EXPENDITURES TO BE SUBJECT TO AN ANNUAL INDEPENDENT AUDIT AND AUDIT REPORT TO BE MADE AVAILABLE FOR PUBLIC REVIEW, AND WITH NO FUNDS GENERATED BY SUCH TAX RATE INCREASE TO BE USED TO PAY CITY PERSONNEL OR PURCHASE EQUIPMENT FOR STREET RECONSTRUCTION, AND SHALL THE FUNDS FROM SUCH TAX RATE INCREASE AND ANY INVESTMENT INCOME EARNED FROM SUCH FUNDS BE COLLECTED AND SPENT AS A VOTER-APPROVED REVENUE CHANGE UNDER SECTION 20 OF ARTICLE X OF THE COLORADO CONSTITUTION AND WITHOUT LIMITATION OR CONDITION UNDER ANY LAW?

 

                                                            YES  _____

                                                            NO   _____