Referred Measure 2A -

Summary

Shall City And County Of Denver Sales And Use Taxes Be Increased By $45.94 Million Annually, Commencing January 1, 2019, And By Whatever Additional Amounts Are Raised Annually Thereafter, From A Twenty-Five One-Hundredths Of One Percent (0.25%) Sales And Use Tax Rate (2.5 Cents On A Ten-Dollar Purchase), That Will Not Be Collected On Sales Of Food For Home Consumption Or Prescription Drugs, To Be Expended Solely On: · Acquiring Additional Land For Parks, Trails, And Open Space; · Developing, Improving, And Maintaining New And Existing Parks, Trails And Open Space, Including Denver’S Mountain Parks; · Restoring And Protecting Waterways, Rivers, Canals And Streams; · Purchasing, Planting, And Caring Of Trees; And · Operating And Maintaining Any Related Additional Acquisitions And Capital Improvements, And, In Connection Therewith, Shall No More Than Five Percent (5%) Of The Total Annual Revenues Derived From The Increase In Sales And Use Tax Be Spent On Administrative Costs Related To The Above Purposes; And Shall The Monies Derived From The Increase In Sales And Use Tax Not Be Used To Offset Any Current Or Future Revenue Expenditures From The General Fund; And Shall The Revenues From These Increased Taxes Be Collected And Spent In Each Fiscal Year By Denver Without Regard To Any Expenditure, Revenue-Raising, Or Other Limitation Contained Within Article X, Section 20 Of The Colorado Constitution Or Any Other Law?