Arapahoe County press release
Beginning Aug. 10, parent/teacher organizations will
be exempt from collecting the Arapahoe County Open Space Sales and
Use Tax on certain sales. The change is a result of the General
Assembly’s recent adoption of a bill which deleted the requirement
that new sales and use tax exemptions must receive voter
approval.
In 2008, the Colorado General Assembly amended the
Colorado Revised Statutes to create a new sales and use tax
exemption for certain sales by an association or organization of
parents and teachers of school students. However the Department of
Revenue, the entity responsible for collecting the tax, advised
that state statute required that the exemption must also receive
voter approval in order to be effective, since the original sales
and use tax proposal was approved by the voters. With the recent
2011 bill approved, the exemption goes into effect Aug.
10.
In November 2003, Arapahoe County voters approved a
countywide quarter-cent sales and use tax dedicated to preserve
open space, enhance parks, build trail connections and protect
heritage areas in Arapahoe County. This tax is equal to 25 cents on
every $100 purchase. Tax collection began Jan. 1, 2004 and is set
to expire in Dec. 2013 unless citizens vote “yes” to continue the program on a
future ballot question toward reauthorization. Fifty
percent of the annual tax revenue is
returned to incorporated cities and towns to enhance local parks,
trails, recreation and open space.
“With the help of our cities, towns and special
districts we are protecting our most treasured resources and
connecting a network of trails for our residents to enjoy today and
forever,” said Arapahoe County Commissioner Rod Bockenfeld, who
serves as Board Chair.
To learn more about Arapahoe County Open Spaces,
visit www.co.arapahoe.co.us and download the
2011 Community Guide 150
Ways to Enjoy Open Spaces and/or sign up to receive the
Arapahoe County Open Spaces
e-newsletter.