City of Lafayette Ballot Issue 2B Storage Tax
Shall the city of Lafayette’s taxes be increased by $180,000 annually in the first full fiscal year (2018) and by whatever amounts are raised annually thereafter, by the imposition of an excise tax on the rental of indoor or outdoor storage space, or the sale of storage services, with such tax being imposed at the rate of 3.5% of the price paid for storage or storage services, and the proceeds used to fund programs of the city that promote and advance cultural arts, historic preservation and local history museums, including the miners museum; and with the revenue from such tax and any investment earnings thereon to constitute a voter-approved revenue and spending change under, to be collected and spent each year without limitation by the revenue and spending limits of, and without limiting the collection or spending of other revenues or funds by the city under, article x, section 20 of the Colorado constitution or any other law?Major Provisions:Voting “YES” for this issue will levy an excise tax of 3.5% on those who use indoor/outdoor storage facilities within the city’s boundaries and a dedicated fund will be established to support historical preservation and the arts in Lafayette.Background:The provision of storage spaces and storage services to the public has resulted in the increased use of streets, traffic, and demands upon municipal services such as police and fire protection and has substantial effect upon the expenditures budgeted by the City including discretionary municipal programs.
CHOOSE TWO CANDIDATES FROM BELOW TO COMPARE
Yes - For the Measure
No - Against the Measure
Those IN FAVOR Say:
1. Persistent constraints on the City’s general fund for essential services, such as fire fighters, police officers, street maintenance, and clean water supply, given the increasing population, make it necessary to fund cultural and historical programs another way.
2. Similar entities [Louisville, Broomfield, Westminster] employ an excise tax on storage facilities, providing equitably raised, dedicated revenue for city programs.
No organized opposition was identified.
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