HomeMy WebLinkAbout07044ORDINANCE NO. 7044
AN ORDINANCE AUTHORIZING THE CITY TO COLLECT,
RETAIN AND SPEND ALL REVENUE IN EXCESS OF LIMITS
OTHERWISE APPLICABLE UNDER ARTICLE X, §20 OF THE
COLORADO CONSTITUTION, OR ANY OTHER LAW
BE IT ORDAINED BY THE PEOPLE OF PUEBLO, that:
SECTION 1.
The City of Pueblo is hereby authorized, beginning with fiscal year 2004 and each
subsequent year thereafter, without creating any new tax or increasing existing tax rates or mill
levy, to collect, retain, and spend all revenues in excess of its spending, revenue raising or other
limits in Article X, §20 of the Colorado Constitution (in addition to the $1,100,000 already
authorized by the voters for the HARP bonds) for the expenditure of such revenue for public
safety, health, human services, arts and culture, parks, recreation and transportation, as
determined by the City Council, as a voter approved revenue change and exception to the
revenue and spending limits and restrictions which would otherwise apply pursuant to Article X,
§20 of the Colorado Constitution, or any other law.
SECTION 2.
Nothing in this Ordinance shall be construed to be a limitation or restriction upon the
budgetary authority of the City Council, nor a limitation or restriction upon collection, retention
and spending of revenues which are not in excess of the City of Pueblo's spending and revenue
limits.
SECTION 3.
This Ordinance shall become effective upon majority vote in favor thereof by the
registered electors of the City voting thereon at the General Municipal Election to be held on
Tuesday, November 4, 2003.
November 4, 2003 Election Results:
FOR THE ORDINANCE 6681
AGAINST THE ORDINANCE 18026