The Boulder City Council is prepared to put three tax continuation/increases on the ballot this November. It would be nice to hear one word about belt tightening, eh?
Council members generally agreed at the evening study session that the city would be in dire financial shape if voters in November do not reauthorize two existing sales taxes and allow the city’s property tax to be raised.
They want to renew expiring sales taxes. One has to wonder, when the voters approved these taxes what rays of sunshine were they sold them?
The final two paragraphs sum it up nicely…
Carol Hedges, a senior fiscal analyst for The Colorado Fiscal Policy Institute, a nonprofit, nonpartisan project of the Colorado Center on Law and Policy, said it’s not unrealistic to ask voters for increases or extensions of taxes that pay for critical services.
Historically, she said, municipalities have about a 90 percent success rate in passing ballot questions.
I suspect she’s right, and the City will get it’s revenue.
