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Manitou Springs City Library Levy Increase Question (November 2012)
From Ballotpedia
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A question is on the November 6, 2012 election ballot in El Paso County, which is in Colorado.
If approved, this question authorizes the Manitou Springs City to increase taxes by $239,547 in the first fiscal year and by 4 mills in the Pikes Peak Library District for subsequent years. This additional revenue will be collected and spent by the Pikes Peak Library District.[1]
Text of measure
Language on the ballot:
| “ | SHALL THE CITY OF MANITOU SPRINGS TAXES BE INCREASED BY TWO HUNDRED THIRTYNINE THOUSAND FIVE HUNDRED FORTY-SEVEN DOLLARS ($239,547.00) ANNUALLY IN THE FIRST FISCAL YEAR AND BY WHATEVER ADDITIONAL AMOUNTS ARE RAISED ANNUALLY IN EACH SUBSEQUENT YEAR BY THE IMPOSITION OF AN ADDITIONAL MILL LEVY BY THE PIKES PEAK LIBRARY DISTRICT NOT TO EXCEED FOUR (4) MILLS UPON TAXABLE REAL AND PERSONAL PROPERTY WITHIN THE CITY, SUCH REVENUES TO BE COLLECTED, RETAINED AND SPENT BY THE PIKES PEAK LIBRARY DISTRICT AS AUTHORIZED BY THE COLORADO LIBRARY LAW, C.R.S. § 24-90-101, ET SEQ., AND SHALL THE PROCEEDS OF SUCH TAX AND INVESTMENT INCOME THEREON CONSTITUTE A VOTER-APPROVED REVENUE CHANGE TO BE COLLECTED AND SPENT BY THE PIKES PEAK LIBRARY DISTRICT WITHOUT REGARD TO ANY EXPENDITURE, REVENUE-RAISING, OR OTHER LIMITATION CONTAINED IN ARTICLE X, SECTION 20, OF THE COLORADO CONSTITUTION OR ANY OTHER LAW?[1][2] | ” |
See also
Footnotes
- ↑ 1.0 1.1 El Paso County Elections, Current Measures
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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