Under Ordinance No. 20, Series of 2026, which the Town Council adopted 6-0 on August 25, 2026, Ballot Issue 3A adds 0.5% to Basalt's sales tax from January 1, 2027, through collection year 2046. As an example, at 0.5%, $100 of taxable purchases in Basalt adds 50 cents. The question caps the new revenue at $1,700,000 in the first full fiscal year, 2027, and after that at whatever the rate raises each year. The town may collect, retain and spend the revenue and its investment income outside the revenue and spending limits of the Taxpayer's Bill of Rights (TABOR, Article X, Section 20 of the Colorado Constitution) and any other law.
The money may pay for the acquisition, planning, construction, operation, maintenance, repair and replacement of public services facilities and related infrastructure and equipment. That wording covers public services facilities in general, not only the building the ordinance's findings describe.
