$590 MILLION IN TAX INCREASES FOLLOWED BY $51.9 MILLION TAX GIVEAWAY (Click HERE for more details)
City of Colorado Springs voters approved $590 million in new taxes since 2015 after City officials stated they could not afford to fund the maintenance of City roads or stormwater infrastructure without it. Fast forward to December 11th, 2018. City Council will consider two "revenue sharing agreements" with Colorado Springs Urbran Renewal Authority by which the City will transfer $51.9 million collected as City sales and property taxes to help private developers build a new hotel and build up their development next to the City for Champions museum area. Click for more info.