Laserfiche WebLink
11/20/84 <br />Page -5- <br />League is the authority on sales and use <br />tax and he advised Attorney Rautenstraus <br />and him that in fact the State Dept. of <br />Revenue can probably refuse to collect <br />your sales or use tax through motor vehicles <br />if you don't have them at the same rate. <br />Speaking to the maintenance issue as requested <br />by Councilman Leary, Mr. Caldwell referred <br />to the wording in the sample ballot questions <br />and stated .that he had reviewed ballot ques- <br />tions written by lawyers and the language <br />maybe changed. By law for a Statuatory City <br />in the state of Colorado once a portion of <br />the sales tax is earmarked for the Capital <br />Improvements Fund it may only go to pay Capi- <br />tal Improvements.therefore it could not be <br />used for maintenance unless this wording is <br />included in the ballot question and a speci- <br />fic. percentage is designated. Once it is <br />earmarked for Capital Improvements it cannot <br />be placed in the General Fund. This is a <br />safeguard for citizens. <br />Mr. Caldwell then went over the time schedule <br />that had been provided to Council for the <br />adoption of sales tax/use tax .ordinances <br />and approximate date for the election. <br />Mr. Caldwell stated that since this new <br />taxration measure is being viewed as pri- <br />marily a source of Capital Improvements, <br />thE:y see the sales tax as a more reliable <br />source of long term financing than the use <br />tax:. One of the reasons is that sales tax <br />seems to not fluctuate from year to year., <br />anci is much easier to administer. The use <br />tai; is administered by the City as well as <br />as the State and does fluctuate with the <br />building cycle. <br />Mr., Caldwell had spoken to some of the local <br />groups in conjunction with the downtown im- <br />provements anal the question was asked if <br />the use tax doesn't. interfere with or add <br />to the City's Service Expansion Fee system. <br />He felt this was one area that Council would <br />have to review. <br />Councilwoman Johnson Commented that she felt <br />let people know, on the <br />an either/or situation. <br />ing a car in Boulder, y~ <br />charged the .Boulder tax <br />tion to the 220. <br />it was important to <br />use tax, that it is <br />If you are purchas- <br />~u will not then be <br />of 5 3/4% in addi- <br />