HomeMy WebLinkAboutbocc.res.002.2011RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN
COUNTY, COLORADO, ESTABLISHING THE FORMULA FOR THE DISTRI-
BUTION OF THE MUNICIPAL SHARE OF COUNTY SALES TAX REVENUE
FOR THE YEAR 2011 AS REQUIRED BY RESOLUTION 78-121
RESOLUTION # O�— -201 I
RECITALS
1. The Board of County Commissioners, by its Resolution No.78-121 did submit to the
electorate an initiative establishing a method of distribution of the proceeds from County-wide
sales tax among municipalities with Pitkin Counry, and
2. The method, as approved by the electorate on November 7, 1978 reserves 43% of the
revenues for the County, and allocates the remaining 57% to the municipalities according to the
amount of County sales tax collected within theirjurisdictions, and
3. The Board has calculated the share of the various municipalities in accordance with the
methodology required by Resolution 78-121 and wishes to make its findings of record as per
attached Addendum A.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin
County, Colorado, that, effective January 1, 2011 the 57% municipal share of County sales tax
proceeds allocated to municipalities within Pitkin County shall be distributed in the following
percentages:
City of Aspen, Colorado 75.5458%
Town of Snowmass Village, Colorado 193518%
Town of Basalt, Colorado 5.1024%
BE IT FURTHER RESOLVED, that the above new percentage distribution shall apply only to
those sales tax revenues actually collected during 2011.
BE IT FURTHER RESOLVED, that the Colorado Department of Revenue, Sales Tax
Division, be notified ofthe action herein taken.
APPROVED AND ADOPTED ON THE 12TH DAY OF JANUARY, 201 1.
T: / BOARD OF COUNTY
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Jones Rachel . Richard , Ch;
Clerk & Re order Date: �[ ��'�
RECOMMENDED FOR APPROVAL: MANAGER APPROVAL
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n Redmond Jon Peacock
inance Director County Manager
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