Construction tax headed for Vail ballot?
Vail, CO Colorado
VAIL ” The Vail Town Council could decide Tuesday to put a proposed tax on construction materials November’s ballot.
The 4 percent construction use tax would apply to construction materials, which are currently exempt from Vail’s sales tax.
The town is trying to find extra money for its capital projects, such as a West Vail fire station, street improvements and worker housing.
According to the town, this tax could have generated: $2 million in 2005, $4 million in 2006, and $7 million in 2007.
The meeting begins at 6 p.m., and the use tax is third on the agenda.
Voters approved construction use taxes in Eagle and Gypsum. Avon voters turned down such a tax in 2002.
Vail voters would have to approve the tax at the Nov. 6 election.
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