These are the first batch of results from the Larimer County Clerk’s office on two ballot initiatives BizWest is watching tonight.
Larimer County 1A
Turn your utility expense into an asset with solar energy and boost your commercial property value by over $1,000,000. The 2020 Federal Investment Tax Credit allows commercial entities to directly reduce their taxes due by an amount equal to 26% of the solar project price in 2020.
57 percent of Larimer County voters are opposed to the county’s bid to raise the sales tax for a slew of road and public services improvements, according to the first round of ballot returns posted by county officials.
42,618 votes were cast against the ballot issue, with 32,205 votes cast for it.
This ballot issue would raise sales taxes by 0.5 percent over the next 20 years, or an estimated $39 million annually, for a slew of transport and public services:
- 45 to 50 percent for roadway improvements.
- 15 to 20 percent for public transport.
- 35 percent to open a centralized human services building and add courtroom space.
The county’s current sales tax is 0.8 percent.
Poudre SD 4A
Supporters for higher teacher salaries got out to an early lead in Larimer County voting.
60.4 percent of early votes went in favor of Poudre School District R-1 Ballot Issue 4A, while 39.6 percent voted against.
This ballot issue would raise $18 million in year in additional property taxes to increase starting teacher salaries and provide raises to current teachers and support staff, along with adding mental health counselors and security staff.