HomeMy WebLinkAboutR05-075 Support of Referenda C & D Colorado Economic Recovery Act
Commissioner ~ moved adoption of the following:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
Resolution No, 2005 - C2..3:~
RESOLUTION IN SUPPORT OF
VOTE YES ON REFERENDA C & D:
THE COLORADO ECONOMIC RECOVERY ACT
WHEREAS, Eagle County, Colorado ("County") is a political subdivision of the State of
Colorado, duly organized and existing pursuant to the laws and the Constitution of the State; and
WHEREAS, the recent recession, combined with the September 11 attacks, caused our
state revenues to drop sixteen percent (16%), forcing Colorado to cut $1 billion in spending the
past three (3) years; and
WHEREAS, without immediate relief, state officials would have to start making even
more massive cuts next year in funding for schools, roads and healthcare, even as the state's
growing population creates demands for more spending; and
WHEREAS, Colorado must remain competitive with other states in seeking new jobs
and investment from companies that demand good roads and schools whenever they expand their
operations; and
WHEREAS, the State of Colorado will need $3.1 billion over the next five (5) years to
restore services that have been cut, ranging from Medicaid to higher education to strategic
transportation projects; and
WHEREAS, The Colorado Economic Recovery Act proposes asking voters at the
November 2005 Coordinated Election to forgo their TABOR taxpayer refunds for five (5) years
and allow the state to earmark that money for education, health care, transportation and
retirement plans for fire and police; and
WHEREAS, in the sixth year, 2011, if revenue exceeds the amount the state can spend
on these services, the first $100 million will pay bonding obligations for construction and other
needs, including schools and roads; and
WHEREAS, in 2011, the income tax rate would drop from 4.63 percent to 4.5 percent
and remain there every year there is a TABOR refund; and
WHEREAS, together, we must help Colorado recover from our ongoing budget
challenges.
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NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board of County Commissioners ("Board") hereby declares their full support
of and urges a YES vote for The Colorado Economic Recovery Act appearing as Referenda C &
D on the November 1, 2005 statewide ballot.
THAT, any actions taken by the County are strictly voluntary and signing this Resolution
demonstrates the County's support, but shall in no way bind the County to any particular action.
THAT, the Board finds, determines and declares that this Resolution is necessary for the
public health, safety and welfare ofthe citizens ofthe County of Eagle, State of Colorado.
MOVED, READ AND ADOPTED, by the Board of County Commissioners of the
County of Eagle, State of Colorado, at its regular meeting, held this 14th day of June,
2005.
COUNTY OF EAGLE, STATE OF
COLORADO, by and through its
BOARD OF COUNTY COMMISSIONERS
ATTEST:
.
Commissioner
By: T~~
Commissioner
Commissioner be~ seconded adoption ofthe foregoing resolntion. The roll
having been called, the vo e was as follows:
Commissioner Am M. Menconi ~
Commissioner Peter F. Runyon
Commissioner Tom C. Stone ~
This Resolution passed by /13 vote of the Board of County Commissioners
of the County of Eagle, State of Colorado.
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