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REVENUES HAVE ALREADY BEEN SPENT, AND CONTINUE TO COLLECT THE TAX AT THE .85% RATE AND <br />SPEND ALL OF THE REVENUES IN THE FOLLOWING WAYS DIRECTED BY THE VOTERS IN 2010: <br />33% FOR STREET MAINTENANCE AND REPAIR; <br />17% FOR OTHER STREET AND TRANSPORTATION NEEDS; <br />17% FOR POLICE SERVICES; <br />11% FOR FIRE PROTECTION AND OTHER EMERGENCY SERVICES; <br />11% FOR PARKS MAINTENANCE AND RECREATION SERVICES; AND <br />11% FOR COMMUNITY PRIORITIES OTHER THAN THOSE LISTED ABOVE, AS DETERMINED BY THE <br />CITY COUNCIL; <br />WITHOUT REFUNDING ANY AMOUNT FOR EXCEEDING THE REVENUE ESTIMATES IN THE ELECTION <br />NOTICE MAILED TO VOTERS IN 2010? <br />MANITOU SPRINGS MARIJUANA EXCISE TAX EXAMPLE: <br />SHALL THE CITY OF MANITOU SPRINGS, COLORADO BE PERMITTED TO RETAIN AND EXPEND $57,993 IN <br />EXCESS REVENUE RECEIVED BY THE CITY FROM THE CITY'S SPECIAL RETAIL MARIJUANA SALES TAX AS <br />ORIGINALLY APPROVED BY THE VOTERS ON NOVEMBER 5, 2013, WHICH EXCESS REVENUE WOULD <br />OTHERWISE BE REFUNDED BY A TEMPORARY REDUCTION IN THE CITY'S SPECIAL RETAIL MARIJUANA <br />TAX, PURSUANT TO THE REQUIREMENTS OF ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION? <br />3/19/19 5:03PM [ncb] R:\Louisville\Finance & Audit\Proposed Ballot Issue - Rec Tax Excess Revenue and Rate Retention.docx <br />2 <br />13 <br />