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 5, 2019, the question of extending for a five-year period the temporary sales and use tax for road repairs and improvements at a reduced rate of 0.57% as a voter approved revenue change exempt from spending and revenue limitations; providing for the form of the ballot title; providing for certain matters with respect to the election; and providing the effective date of this resolution.
Presenter:
John Suthers, Mayor of Colorado Springs
Travis Easton, Director of Public Works Department
Body
Summary:
This Resolution refers a ballot question to the qualified registered electors of the City at the November 5, 2019 coordinated election which also constitutes a special municipal election. The ballot question asks the voters whether the temporary City sales and use tax levy (rate) for road repairs and improvements shall be extended for a five year period, at a rate reduced from 0.62% to 0.57%, to be used solely for road repairs and improvements. The additional road segments intended for repair or improvement are attached to the Resolution as Exhibit "A". The continuation of the tax would raise an estimated annual average of $57 million during the period of the extension. The amount of revenue raised in the extended period 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 the extension of the temporary sales tax for road repairs and improvements has been discussed by Mayor Suthers and City Council at a meeting on May...
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