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COUNCIL COMMUNICATION <br />TO:MAYOR AND CITY COUNCIL <br />FROM: MALCOLM FLEMING <br /> CITY MANAGER <br />DATE: FEBRUARY 13, 2012 <br />SUBJECT:DISCUSSION – CONTINUATION OF THE CITY SALES AND USE TAX <br />FOR OPEN SPACE ACQUISITION, DEVELOPMENT AND RELATED <br />PURPOSES <br />ORIGINATING DEPARTMENT:PARKS AND RECREATION <br />SUMMARY: <br />In November of 2002 City of Louisville registered voters passed an extension of the 3/8% sales <br />and use tax for open space and parks acquisition, development, maintenanceand related <br />purposes(a TABOR ballot issue). The tax went into effect January 1, 2004 and will expire on <br />December 31, 2013 unless extended by approval of the City’s voters. The 2003 ballot language <br />was as follows: <br />SHALL CITY OF LOUISVILLE TAXES BE INCREASED $1,500,000 IN 2004 AND <br />THEN ANNUALLY BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED <br />THEREAFTER FROM THE CONTINUATION OF THE SALES AND USE TAX OF 0.375 <br />PERCENT BEGINNING JANUARY 1, 2004 AND EXPIRING TEN YEARS AFTER <br />SUCH DATE; WITH THE NET PROCEEDS OF SUCH SALES AND USE TAX TO BE <br />COLLECTED, RETAINED, AND SPENT EXCLUSIVELY FOR THE ACQUISITION OF <br />LAND IN AND AROUND THE CITY OF LOUISVIILLE FOR OPEN SPACE BUFFER <br />ZONES, TRAILS, WILDLIFE HABITATS, WETLANDS PRESERVATION AND <br />FUTURE PARKS; AND FOR THE DEVELOPMENT, CONSTRUCTION, OPERATION <br />AND MAINTENANCE OF SUCH OPEN SPACE ZONES, TRAILS, WILDLIFE <br />HABITATS, WETLANDS AND PARKS; AND SHALL THE CITY BE PERMITTED TO <br />COLLECT, RETAIN AND EXPEND ALL REVENUES DERIVED FROM SUCH SALES <br />AND USE TAX AS A VOTER-APPROVED REVENUE CHANGE AND AN EXCEPTION <br />TO LIMITS WHICH WOULD OTHERWISE APPLY UNDER ARTICLE X, SECTION 20 <br />OF THE COLORADO CONSTITUTION OR ANY OTHER LAW? <br />One of the City’s 2012 goals is to determine the timing to ask the voters for an extension of the <br />open spaceand parkstax as well as to evaluate possibly expanding uses of the tax to include <br />the golf course. Some questions for consideration in this evaluation may include the following: <br />Is there any interest in increasing the sales & use tax (for example, from 3/8% to 1/2%)? <br />Should an additional percentage (possibly1/8%) be used for another purpose such as <br />golf course capital improvements or improvements to the Recreation/Senior Center or <br />SUBJECT AGENDA ITEM <br />DISCUSSION –CONTINUATION OF THE CITY SALES <br />II <br />AND USE TAX FOR OPEN SPACE ACQUISITION, <br />DEVELOPMENT AND RELATED PURPOSES <br />2 <br /> <br />