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Title:
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A bill for an ordinance extending the existing .12 percent sales and use tax (the “Denver Preschool Tax”) through December 31, 2026 and increasing the rate to .15 percent, dedicating the revenue derived from the tax to fund the Denver Preschool Program, subject to the approval of the voters at a special municipal election to be conducted in coordination with the state general election on November 4, 2014; and making certain changes to the Denver Preschool Program.
(GOVERNMENT & FINANCE) Asks voters to reauthorize the Denver Preschool Program for 10 years, increase the sales and use tax supporting the program by .03 percent, and approve specified programmatic changes. The last reguarly scheduled Council meeting within the 30-day review period is on 8-25-14. The Committee approved filing this bill by consent on 7-17-14.
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