Colorado Springs voters passed by 66 percent*, Ballot Issue 2 in the April 4 General Municipal Election, which asked voters whether, without any increase in taxes, the City could retain and spend up to $6 million of revenues which exceed amounts otherwise authorized for retention in 2016 and 2017 under the City’s Taxpayer’s Bill of Rights (“TABOR”) requirements. These funds may only be used for stormwater projects within the City limits. This funding is planned 26 stormwater projects which can be found at this link.
In its current form, a bill working its way through the Colorado legislature concerning transportation funding is not in the best interest of Colorado Springs.
The bill aims to place a ballot question on the November 2017 ballot asking voter approval for the state to increase the state sales tax rate by .62 percent for 20 years, raising approximately $700 million per year, with new revenue to be allocated for transportation infrastructure purposes as follows:
Join us for a beautiful day of golf at The Broadmoor to benefit the Spirit of the Springs initiatives and the First Tee of Pikes Peak. The event is held at The Broadmoor Golf Club on Thursday, June 8, 2017.