Thank you Boulder County voters!
...for approving the following two county ballot
issues:
Additional Information:
Resolution setting ballot titles for A and 1B (pdf) - official ballot language for 1A and 1B
Descriptions:
Clean Energy Options Local Improvement
District – County Issue 1A
Allows Boulder County to issue up to a maximum of $40 million in
special assessment bonds for the purpose of providing financing options
for renewable energy and energy efficiency improvements via a “Clean
Energy Options Local Improvement District.” This local improvement
district will provide a voluntary mechanism for property owners – both
residential and commercial – to obtain financing for
renewable energy improvements, such as installing a solar power system,
or retrofitting a home to increase energy efficiency.
Only property owners who elect to participate in the program will
actually pay for improvements through a property tax assessment; it is
not a tax based on a geographic area or a sales and use tax. The program
is voluntary and property owners have the ability to opt in to the
program for a loan value specific to the energy improvements that they
elect to undertake on their own property.
The initial set of bonds are expected to be within the range of $14
million. The measure allows the County to issue bonds in several
series, with flexibility for issuing both taxable and tax-exempt bonds.
"Worthy Cause" extension – County Issue 1B
The voters also approved a 10-year extension of
the existing “Worthy Cause” tax, a 0.05% sales and use tax that provides
funds for local human services non-profits to make capital improvements.
Revenues will be divided into two funds:
designated funds for specific non-profits that the Commissioners select;
and a funding pool, which qualifying non-profits can apply for on an
annual basis.
