Basalt Issue 3A: Setting property tax rate has backing in early results

BALLOT ISSUE 3A (as of 7:40 p.m.) Voters were asked to approve a property tax rate of 5.957 mills for the general operating budget. That is the same rate as last year. The mill levy required approval because Basalt discovered last fall that it had inadvertently violated the Colorado Taxpayers’ Bill of Rights. Without voter approval of the proposed rate, Basalt must return to a mill levy of 2,562. The difference to the budget is about $700,000 annually. The question also sought flexibility to let the Town Council adjust the property tax rate annually — as long as it didn’t exceed 5.957 mills.Yes/For: 437 No/Against: 280

Preliminary results from Pitkin and Eagle counties
tonight show a property tax proposal for the town of Basalt building a cushion
in the early going.

In results released shortly after 7 p.m., the proposal
to set a property tax rate at 5.957 mills was favored by 369 and opposed by 237
in Eagle County.

In Pitkin County, the preliminary voting was 68 in
favor and 43 against.

Basalt is divided between Eagle and Pitkin counties,
so the results have to be combined for the municipal ballot question.

The combined, preliminary vote shows the vote at 437
for and 280 against. That’s a margin in favor by 61 to 39 percent.

Those were only partial, “first round” of votes from the counties.

This is a developing story that will be updated.

via:: The Aspen Times