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HomeMy WebLinkAboutbocc.res.003.2014RESOLUTION 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 2014 AS REQUIRED BY RESOLUTION 78-121 RESOLUTION # Ute:✓ -2014 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 County, 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 their jurisdictions, 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, 2014 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 75.4939% Town of Snowmass Village, Colorado 19.8302% Town of Basalt, Colorado 4.6759% BE IT FURTHER RESOLVED, that the above new percentage distribution shall apply only to those sales tax revenues actually collected during 2014. BE IT FURTHER RESOLVED, that the Colorado Department of Revenue, Sales Tax Division, be notified of the action herein taken. INTRODUCED, FIRST READ AND SET FOR PUBLIC HEARING ON THE NAAY OF �jz,az Yr 2013. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE SOL�UBLISHED IN THE ASPEN TIMES WEEKLY ON THE 6, .,AY OF 2013. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON T OF�� FFI PITKIN COUNTY WEBSITE (www.ast)enpitkin.com) ON THE A-7 - DAY OF 2013. DOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE ��wDAY OF G kv� 2014. PUBLISHED BY TITLE AND SHORT SUMM Rf1 Y, AFTERADOPTION, IN THE ASPEN TIMES WEEKLY ON THE /�,t{' DAY OF c-:" vk V* 2014. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE &764- DAY OF vt 2014. APPROVED AS TO FORM: John EI� unt torney OF COUNTY COMMISSIONERS By %i tt4A C -�b Y' Robert A. Ittner, Jr., Chair Date: / - -2�;- " 3Ul `/ MANAGER APPROVAL: Jon Pea ock, County Manager A