Ballot Issue 1A sales tax revenue at work
On April 1, 2014, Ballot Issue 1A to increase the Town sales tax by 1% passed by the voters. The tax is effective July 1, 2014 through June 30, 2024. Four special revenue funds (Street Improvement, Trail Expansion, Community Recreation Center and Emergency Response System Funds) have been created to account for the proceeds of the sales tax designations listed above and are restricted to expenditures for those specific purposes.
What will Ballot Issue 1A sales tax fund in 2020?
- Street Improvement Fund: 60% of 1A revenues fund construction, repair, replacement, expansion, rehabilitation and renovation of existing streets within the Town of Estes Park. This includes project management and construction costs for street repairs and maintenance, overlays, parking lot repairs, and seal coating and crack sealing projects. 2020 projects include $646,000 for Cleave Street major rehabilitation, $515,000 for Street Overlay Program 2020 and $175,000 for Parking Lot rehabilitation.
- Trails Fund: 12.5% of 1A revenues fund construction and expansion of public trails within the Estes Valley Planning Area. 2020 projects include $683,000 for Graves Safe Routes to School project and $218,500 for Fall River Trail phase 3.
- Community Center Fund: 25% of 1A revenues help fund the community center, including facilities for Senior Services. Funds are remitted to the Estes Valley Recreation and Park District on a monthly basis.
- Emergency Response Fund: 2.5% of 1A revenues fund capital acquisitions associated with emergency response capabilities of the Town. This funding will primarily be used to make the lease purchase payments on the financing used to replace the emergency communication radios used by the Police and Public Works departments.
View revenue data for Ballot Issue 1A in monthly Sales Tax Revenue reports starting in April, 2017.