With mail-in ballots being sent out within the next few weeks, election season is in full swing. It is important that you know the facts behind the issue put before you for your vote. Below is the ballot language for initiatives 5A and 5B on the November Ballot. What does each initiative mean to you as a resident?

Both initiatives allow for revenue to be used for specific projects in our community. Initiative 5A does not raise taxes, but utilizes tax revenue already collected through TABOR to fund a new pool. Rather than refunding a tax revenue surplus, 5A allows up to 10 years of that revenue to be used to help fund the pool project. This revenue is expected to total between $15,000 and $80,000 per year.

Unlike 5A, initiative 5B calls for a mill levy increase of 1.9 mills through 2027 with the additional revenue earmarked to fund three new parks in Pueblo West. The additional 1.9 mills is assessed as an increase of 1.9 per $1000 of assessed property value. Like one percent as one part of one hundred, one mill is one part of one thousand. Based on the average home value in Pueblo West, initiative 5B equates to an approximately $3 per month property tax increase per home. Then, after 10 years, the mill will be lowered from 1.9 to 0.48 mills to pay for ongoing maintenance of the new parks.

Below is a breakdown of each initiative as well as the actual ballot language.

5A: TABOR TIMEOUT FOR COMMUNITY POOL AND AQUATIC FACILITY

WITHOUT INCREASING ANY TAX RATE OR IMPOSING ANY NEW TAX SHALL PUEBLO WEST METROPOLITAN DISTRICT BE PERMITTED TO COLLECT, RETAIN AND SPEND ALL REVENUE IT RECEIVES IN THE YEAR 2017 CONTINUING FOR 10 FISCAL YEARS THROUGH DECEMBER 31, 2026, AS A VOTER APPROVED REVENUE CHANGE AND PROPERTY TAX REVENUE CHANGE UNDER ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION, AND TO EXCEED THE 5.5% PROPERTY TAX REVENUE GROWTH LIMITATION CONTAINED IN SECTION 29-1-301 COLORADO REVISED STATUTES AND ANY OTHER REVENUE LIMITATION CONTAINED IN THE LAWS OF THE STATE UTILIZING ALL OF THE EXCESS REVENUE OVER SAID LIMITS FOR THE SOLE PURPOSE OF FUNDING THE DESIGN, CONSTRUCTION, MAINTENANCE OR LEASE OF A COMMUNITY POOL AND AQUATIC FACILITY?

YES______ NO______

5B: $3.00 FOR THREE PARKS BALLOT INITIATIVE
QUESTION – – SHALL PUEBLO WEST METROPOLITAN DISTRICT TAXES BE INCREASED $454,132 IN 2017, BY AN ADDITIONAL 1.9 MILL PROPERTY TAX AND BY SUCH AMOUNTS COLLECTED ANNUALLY THEREAFTER THROUGH AND INCLUDING THE YEAR 2026, FOR THE SOLE PURPOSE OF:

DESIGN, CONSTRUCT AND MAINTAIN THREE ADDITIONAL PARKS WITH FACILITIES OR AMENITIES ON DISTRICT-OWNED PROPERTY, SUCH AS, BUT NOT LIMITED TO, PRACTICE FIELDS, PICNIC SHELTERS, PLAYGROUNDS, BASKETBALL COURTS, PICKLEBALL COURTS, AND MULTI-USE TRAILS, AND

THEN BE REDUCED FROM 1.9 MILLS TO .48 MILLS TO PAY FOR THE ONGOING MAINTENANCE OF THE THREE PARKS, AND FOR THE SOLE PURPOSE OF FUNDING THE DESIGN, CONSTRUCTION AND MAINTENANCE OF THE THREE PARKS, SHALL PUEBLO WEST METROPOLITAN DISTRICT DEBT BE INCREASED $3,090,000, WITH A MAXIMUM REPAYMENT COST OF $3,599,586.48, OR LESSER AMOUNT AS SHALL BE NECESSARY; AND SHALL SUCH REVENUES BE COLLECTED, RETAINED AND SPENT NOTWITHSTANDING ANY OTHER SPENDING OR REVENUE LIMITS PROVIDED BY STATE LAW?

Be an informed voter this election. Please contact Pueblo West Metropolitan District at PublicCom@pwmd-co.us with any questions you may have about the facts.

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