by Clayton Moore
Cause and Effect is a business Reality. No one Escapes.
ECT has been told that the proposed – November 2016 – (2) Tax Ballot Questions from our Eagle County Public School District – Totaling $152 Million Dollars in Additional Taxes (Click Here) – is the largest proposed Tax Increase in the history of Eagle County, Colorado.
Now the ECT will tell you what our School Board and Educators – are not talking about.
Cause and Effect.
Dateline: May 2016 – Eagle County, Colorado. May Voters, voted to approve (2) Property Tax increases – (Amby District & Eagle County Fire Protection District) totaling ~$30 Million Dollars. Both Tax Districts serve the Interests of Vail Resorts and other Commercial/Residential property owners in their District’s. Recall Commercial Property in Colorado is Taxed at 29% and Residential Property at 7.96%. (Click Here)
A Timely Coincidence? You decide. Shortly after Voters, voted to increase the cost of doing business (ref: VR’s annual Property Tax Bill) for Vail Resorts (read: in Beaver Creek), Beaver Creek announced that they will be charging for formerly FREE, Skier Parking this year – at $10.00/car. Of note – no one will “experience” this May 2016 Property Tax increase – until your new Tax Bill arrives in January 2017! Ski Season starts in late November…have your $10.00 ready!
FACT: All of the Commercial Property that Vail Resorts owns in Eagle County – is inside our Public School District – Vail, Beaver Creek, Bachelor Gulch, Arrowhead…
The unanswered question: What will likely be the future cost increase of an Eagle County annual “EpicMix Ski Pass” – should voters approve the $152 Million Dollars in additional Property Taxes billed to VR and everyone else who owns Property inside our School District? Will BC’s Skier Parking – see another increase above $10.00?
More (unintended?) consequences: Consider a local Business – say “the Bookworm” – the nice book store in Edwards…What happens to the cost of the books you might buy there – when the Bookworm’s Landlord – inevitably, increases their Rent? Ditto for your favorite Restaurant and their prices…
Cause and Effect.
To Date our School District and Tax Supporters – are ONLY focused on the effects the Tax Increase will have on our Public Schools – NOT on the inevitable effect this $152 Million Dollar Tax increase will have on our Community’s Economy, Citizens and local Businesses.
Next time you’re speaking to a School Board member – ask them how this massive Tax Increase is enhancing the cause of – more “affordable housing” in Eagle County today.