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HomeMy WebLinkAboutbocc.res.078.2017 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS("BOCC)OF PITKIN COUNTY,COLORADO,ESTABLISHING THE FORMULA FOR THE DISTRI- BUTION OF THE MUNICIPAL SHARE OF COUNTY SALES TAX REVENUE FOR THE YEAR 2018 AS REQUIRED BY RESOLUTION 78-121 RESOLUTION# Ct Te at RECITALS: 1. Pursuant to Section 2.8.3 (Actions)of the Pitkin County Home Rule Charter("HRC")official action by formal resolution shall be required for all actions of the Board not requiring ordinance power on matters of significant importance affecting citizens. 2. 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 3. 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 4. The Board has calculated the share of the various municipalities in accordance with the methodology required by Resolution 78-121 and effective January 1,2018 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 76.5945% Town of Snowmass Village,Colorado 20.0118% Town of Basalt,Colorado 3.3937% NOW,THEREFORE,BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that it hereby adopts a Resolution of the Board of County Commissioners("BOCC)of Pitkin County,Colorado, Establishing the Formula for the Distribution of the Municipal Share of County Sales Tax Revenue for the Year 2018 As Required By Resolution 78 121 and authorizes the Chair to sign the Resolution. BE IT FURTHER RESOLVED,that the above new percentage distribution shall apply only to those sales tax revenues collected attributable to 2018. BE IT FURTHER RESOLVED, that the Colorado Department of Revenue, Sales Tax Division,be notified of the action herein taken. INTRODUCED AND FIRST READ ON THE 11" DAY OF kit,l4KL.t ✓ , Lori NND S1I(A/444.4,..“.1 FOR COND READING AND PUBLIC HEARING ON THE /—DAY OF S ;-0i7". NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE SOLUT ON PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE us-( DAY OF , 2_0)7- NOTICE o.?NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON T#E OFFICIAL PITKIN COUNTY WEBSITE(www.pitkincounty.com)ON THE 1. `4 DAY OF ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE I'-' DAY OF \trV-t- ',2r 2O'7 PUBLISHED BY TITLE AND SI-IORT SUM ARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE ° DAY OF 2011 . POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE(www.pitkincounty.com)ON THE / , DAY OF n„, ,,,,,,ix,„ z . ATTEST: BOARD OF COUNTY COMMISSIONERS I By W 1 I i f.G.' J .t B 7,, Jean; e Jones George Ne an,Ch.' Dep I y County Clerk / Date: i /6/ ( . APPROVED AS TO FORM: MANAGER APPROVAL - -F1.1:- il-ki_.------- --- ,_,J,911 ly,Co orney Jon Peacock,County M ger