Fountain, CO – Sales Tax, Nov. 2009

Fountain, CO

Election Date: November 3, 2009
Type: Sales Tax
Revenue Type:
Transit Revenue Explanation:
Outcome: Win for Transit
Results: 50.4%-49.6%

Voters approved a 0.75% sales tax for transportation improvements, maintenance and service. The tax will go into effect on January 1, 2010 and will be reduced by 0.4% after ten years. A 0.35% portion of the sales tax increase will be used to pay for capital and safety improvements to streets, a 0.25% portion of the sales tax increase will be used for public transportation and a 0.15% portion of the sales tax increase will pay for public street resurfacing. The tax increase will raise $1.352 million in the first fiscal year.