Larimer County Colorado Sunsets Sales Tax Early
- Sales Tax News
- Apr 25, 2012 | Susan McLain
Due to “…all of the projects approved by the voters hav[ing] now been funded and most hav[ing] been completed” a .2 percent courthouse sales tax is being sunset early by Larimer County, Colorado Commissioners. Since the work is done and the funds are no longer needed, the sales tax will end July 1—six months early.
The sales tax was approved in 1997 and began January 1998. It was intended to “…last 15 years to build, renovate, and expand the Justice Center and Courthouses Offices Buildings in Fort Collins, partner on the Civic Center parking structure in Fort Collins, construct and equipping the Sheriff’s Administration building, partner on the Police and Courts building in Loveland and renovate the County Offices building in Loveland.”
A dedicated sales tax can only be used on approved projects “…so even with deep budget cuts looming for Larimer County, this funding cannot be used elsewhere.”
“Still, ending a tax early is unusual says Commissioner Steve Johnson, ‘This is the first time in my two decades of public service I’ve seen government end a tax early.’”