Minturn taxes: Lodging yes, materials no
MINTURN ” Voters here approved a lodging tax hike while a building materials tax failed by just 15 votes.
A total of 102 voters cast a “no” ballot on the materials tax, while 87 were in favor. The lodging tax, expected to bring in about $30,000 in the first year, won 115-77.
Customers will pay 1-1/2 percent on all lodging costs under 30 days beginning Jan. 1.
Officials expected the two taxes, mainly the materials tax, to pull the city out of economic doldrums plaguing the town for decades. In its first year, town staff estimated the materials tax would have brought in $300,000. Those revenues would have been put toward possible sidewalk, street and other infrastructure improvements.
Additional revenues were expected to skyrocket in coming years due to increased development, Councilman Tom Sullivan said in the past.
Sullivan, a point man on the referendum, could not be reached for comment late Tuesday evening.
Residents, who could have found themselves on the taxed end of a home or building renovation, will not face additional costs for those projects.
Staff Writer J.K. Perry can be reached at 949-0555, ext. 14622, or email@example.com.