Idaho Springs City Council has passed two resolutions, No. 21 and 22, Series 2021 in support of City Ballot Questions 2A and 2B.
City Ballot Question 2A concerns the imposition of a City Marijuana Excise Tax, pursuant to the Colorado Revised Statutes which grant Municipalities the right to impose such tax. Currently, excise tax on Marijuana transfers in the City goes to Clear Creek County. If passed these funds will transfer to the City of Idaho Springs. This tax does not increase the existing tax burden on any business or person in the City.
City Ballot Question 2B concerns an increase in City Sales Tax (1%) which will be dedicated to Water and Wastewater Capital Improvements. This Tax will reduce or eliminate the current need to raise utility customer rates or to ask for future additional debt or reserves from other accounts.
To read each resolution in full, including the language that will be on the November 2021 Ballot, please click here.