HomeMy WebLinkAboutbocc.res.228.1994 �Si� , `.�� , . .,._
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�;� RESOLUTTON OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN
?=; COIINTY, COIARADO, ESTABLISHING THE FORMULA FOR THE DISTRI-
ay; BUTION OF THE MUNICIPAL SHARE OF COUNTY SALE5 TAX REVENUE
r:i FOR THE YEAR 1995 AS REQUIRED BY RESOLUTION 78-121
��� RESOLUTZON $94-��
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si RECITALS
1. The Board of County Commissioners, by its Resolution No. 78-121 did
:; submit to the electorate an initiative establishing a method of distribution .
:;;�;� of �he proceeds from County-wide sales tax among municigalities with Pitkin ,.
,��.-�y County, and
�
4, �� 2. The method, as approved by the electorate on November 7, 1976
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reserves 43� of the revenues for the County, and allocates the remaining 57$
;� to the municipalities according to the amount of County sales tax collected
-�� within their jurisdictions, and
'w�` 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 Commissionezs of
"�� Pitkin County, Colorado, that, effective January 1, 1995 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 76.1836$
�;_ .. - Town of Basalt, Colorado 0.5159�
? - . Town of Snowmass Village, Colorado 23.3005�
BE IT FURTHER RESOL�IEb, that the above new percentage distribution shall
apply only to those sales tax revenues actually colZected during 1995.
BE IT F[TRTHER RESOLVED, that the Colorado Department of Revenue, Sales
Tax Division, be notified of the action herein taken.
`�"`' APPROVED AND ADOPTED ON THE 20th DAY OF DECEMBER, 1994.
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'" PUBLISHED AFTER ADOPTION IN THE ASPEN TIMES ON THE 30th DAY OF DECEMBER.
. . AT E T: BOARD OF COUNTY COMMISSIONERS
PITK COUNTY, COLORADO
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J ETTE JONES BOB CHILD
D UTY COUNTY CLERR CHAIRMAN
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APPR AS TO MANA4'r APPROVAL
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TIM E WHIT ITT REID HAUGH Y�-T
CO Y ORNEY r
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APP VED AS TO CONTENT: !
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�'� DEHE NELSON `
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� � FINANCE DIRECTOR f
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