Title
A resolution submitting to the registered qualified electors of the City of Colorado Springs, Colorado, at the coordinated election conducted by mail ballot to be held on Tuesday, November 3, 2015, the question of temporarily increasing sales and use taxes by 0.62% for road repairs and improvements for a period of five (5) years and constituting a voter approved revenue change exempt from spending and revenue limitations; providing for the form of the ballot title and text; providing for certain matters with respect to the election; and providing the effective date of this resolution.
Body
From:
Mayor John Suthers
Summary:
This Resolution refers a ballot question to the qualified registered electors of the City at the November 3, 2015 coordinated election which also constitutes a special municipal election. The ballot question asks the voters whether the City sales and use tax levy (rate) shall be temporarily increased for a five year period by 0.62% to be used solely for road repairs and improvements. The road segments intended for repair or improvement are attached to the Resolution as Exhibit "A". The tax increase would raise an estimated $50 million in the first year. The amount of new revenue raised by the increase would be a voter approved revenue and spending change exempt from otherwise applicable revenue/spending limitations under City Charter ? 7-90 and Article X, ? 20 of the Colorado Constitution. The Resolution also directs City staff to do all things required in connection with having the ballot measure presented to the voters.
Previous Council Action:
The concept of asking the voters to approve a sales tax increase for repairing City roads and streets has been discussed by Mayor Suthers and City Council beginning on June 12, 2015.
Background:
Under City Charter ? 7-90 and Colo. Const. Art. X, ? 20, all proposed tax increases must be presented to the voters, and such questions may only be presented at sp...
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