Avon Town Sales Tax Increase (November 2011)
This measure was defeated
- YES 282 (38.01%)
- NO 460 (61.99%)
This measure sought to increase the local sales tax in the town by a rate of .35 percent in order to further fund public transit services, transit equipment and facilities relating to public transit in the town.
Text of measure
The question on the ballot:
|SHALL TOWN OF AVON TAXES BE INCREASED $875,000 ANNUALLY BEGINNING IN 2012 AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY IN EACH SUBSEQUENT YEAR BY AN INCREASE IN THE TOWN SALES TAX RATE OF ZERO POINT THREE FIVE PERCENT (0.35%); AND SHALL THE PROCEEDS OF SUCH SALES TAX BE DEDICATED SPECIFICALLY TO THE AVON SUSTAINABLE TRANSIT PROJECT WHICH PROJECT SHALL BE DEFINED AS OPERATING PUBLIC TRANSIT SERVICES AND ACQUIRING, CONSTRUCTING, FINANCING AND MAINTAINING PUBLIC TRANSIT EQUIPMENT, FACILITIES AND RELATED CAPITAL IMPROVEMENTS; AND SHALL SUCH CHANGE BE IN EFFECT AS OF JANUARY 1, 2012; AND SHALL THE TOWN BE AUTHORIZED TO COLLECT, RETAIN AND SPEND ALL REVENUES FROM SUCH TAXES AND THE EARNINGS FROM THE INVESTMENT OF SUCH REVENUES AS A VOTER APPROVED REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?|