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2013: City Council


The Accommodations Tax 
Committee's recommendation to Council:

4/17/2013 Meeting Minutes: 90% to trails, 5% to Haymaker and 5% to a reserve

Council and City Staff did not follow the recommendation of the committee and instead wrote the following Accommodations Tax 2A Ballot Language - Voted on November 5th, 2013

“VOTE YES OR NO ON THE FOLLOWING”

“SHALL THE CITY OF STEAMBOAT SPRINGS BE OBLIGATED TO A MULTIPLE- FISCAL YEAR OBLIGATION BY ALLOCATING, FOR THE NEXT TEN FISCAL YEARS, THE REVENUES FROM THE EXISTING PUBLIC ACCOMMODATIONS TAX (TAX REVENUES), ON A FISCAL YEAR BASIS, AS FOLLOWS: (A) THE FIRST $600,000.00 OF TAX REVENUES TO BE SPLIT ON A 50%-50% BASIS BETWEEN (I) THE DEVELOPMENT OF TRAILS IN AND AROUND THE CITY IN ACCORDANCE WITH THE TRAILS ALLIANCE PROPOSAL AND (II) IMPROVEMENTS TO YAMPA STREET IN ACCORDANCE WITH THE YAMPA STREET RIVER PARK PROPOSAL, UNTIL THE TOTAL ALLOCATION TO THE IMPROVEMENTS ON YAMPA STREET REACHES $900,000.00, THEREAFTER 100% OF THE FIRST $600,000.00 OF TAX REVENUES SHALL BE SPENT ON DEVELOPMENT OF TRAILS; (B) THE NEXT $60,000.00 OF TAX REVENUES TO BE SPLIT ON A 50%-50% BASIS BETWEEN (I) MARKETING OF THE TOURIST RELATED IMPROVEMENTS CONSTRUCTED WITH TAX REVENUES AND (II) RESERVES FOR THE HAYMAKER GOLF COURSE CAPITAL IMPROVEMENTS; AND (C) ANY TAX REVENUES IN EXCESS OF $660,000.00 MAY BE SPENT AT THE DISCRETION OF CITY COUNCIL ON PROJECTS AUTHORIZED BY THE 1986 PUBLIC ACCOMMODATIONS TAX BALLOT QUESTION.

Chart of money breakdown