Articles related to Sales Tax

The Town of Paonia expects to see more tax revenue when a new state tax rule goes into effect this December.

According to a Sept. 26 letter from the Colorado Department of Revenue, effective Dec. 1, a new state rule will take effect that allows collection of sales tax on taxable goods delivered to a Colorado address outside of retailers' jurisdictions (see the Sept. 20 DCI, "Colorado to require online retailers to collect sales tax").

On Oct. 4 the group "Half Penny for Parks and Recreation" held an informational session on City of Delta ballot measure 2B. Three city staff were also available for questions.

The City of Delta's Parks, Recreation, Open Space and Trails Master Plan, completed in June 2017, identified a lengthy list of deferred maintenance needs. The projects -- from playground improvements to meet safety and accessibility standards, to restroom upgrades, to irrigation and pump repairs -- add up to roughly $1.5 million.

The Colorado Department of Revenue will require out-of-state retailers who do business in Colorado to obtain a state sales tax license.

The change is a result of the U.S. Supreme Court's decision in South Dakota v. Wayfair, Inc., which struck down the requirement that a retailer have a physical presence in a state in order to be required to collect and remit sales tax.

Paonia trustees will consider adopting amendments to the 2018 fiscal year budget at the July 10 board meeting. Among the amendments are the appropriation of anticipated $68,300 in revenue the town will receive in 2018 from a one percent increase to the local sales tax, which took effect July 1.

Beginning in July, taxable purchases made in Paonia will cost an extra penny per dollar after voters approved Ballot Measure 2G asking for a 1 percent sales tax increase.

Voters approved the measure, 264-241, or by a margin of 4.56 percent.

The Town of Paonia will benefit from an unexpected increase in annual sales tax revenues.

Based on fiscal year 2017 annualized year-end budget numbers, the town estimates an increase of 6.9 percent in local sales tax revenue.

Paonia voters will be asked to consider a sales tax increase next April. At the Dec. 12 board meeting, trustees approved language for "Ballot Question #1," a proposed 1 percent increase in local sales taxes. If approved by voters, revenue would go to the town's general fund.

After learning that Paonia will receive unexpectedly high 2017 sales tax revenues, town trustees found themselves somewhat in disagreement about what to do with the windfall.

In the end, you might say, The Grinch and Santa Claus found a way to compromise.

The City of Delta is finalizing a budget for 2018 that maintains current services without any rate increases for water, trash, sewer or electrical service. But to keep the budget balanced, the city will have to dip into reserves.

The amount Paonia trustees must cut from the 2018 draft budget increased from $83,000 to $165,800 during last week's budget meeting. The deficit increase resulted from trustees' decisions to eliminate a proposed impact fee on enterprise funds and to restrict $40,000 in Samuel Wade Bridge reserve funds to bridge repairs.

After voters rejected the Town of Cedaredge's proposal for a 1/2 cent increase in sales tax just over a year ago, officials are once again discussing a bid to hike the sales tax.

In a report to trustees on March 16, town staff noted efforts under way at "organizing for a second attempt at sales tax increase."

Dennis Phillips is fed up with the portrayal of Devil's Thumb Golf Club as the "black sheep of the community." He shared strong thoughts on the subject at two consecutive Delta City Council meetings.

He began by referring to comments made by city council candidates "posturing to condemn the golf course even before elected."

Sales tax revenues are up slightly over the same period last year, golf course revenues are higher than they've been in the past six years, and an outside audit of city finances revealed no concerns.