On Sept. 16, 2019, Town Council formally adopted a resolution announcing its support of local Ballot Issue 2A, which would increase the amount of excise tax paid by developers on new residential development in the Town of Parker. If approved by voters during the Nov. 5, 2019 election, Ballot Issue 2A would increase the existing amount of excise tax collected by the Town on new residential development to help ensure that development is paying for the additional streets, parks and recreation, law enforcement and public safety services, and administrative facilities necessary to accommodate growth within Parker.
The proposed increase in excise tax would only affect new homes being constructed and would not affect existing homes or increase the amount of taxes paid by new nonresidential/commercial development in the Town.
According to the resolution of support, the Town Council has determined that an increase in the excise tax would be beneficial to the long-term financial stability of the Town. During the consideration of the resolution at the Sept. 16 Council meeting, Councilmember Joshua Rivero stated, “In my opinion, this is growth paying for growth.”
The South Metro Fire Rescue Fire Protection District also approved a resolution of support for the Fire and EMS Services component of the Town’s Excise Tax Ballot initiative on Aug. 5, 2019. As one of the recipients of the proposed excise tax revenue, South Metro would use its portion to pay for fire and ambulance service throughout Parker, including areas experiencing new development. The additional revenue would help offset the increased costs of serving a growing population.
Factual summaries of the nine additional Town measures that will be included on the 2019 ballot are now available online.
To view the full Town and South Metro resolutions, please visit www.ParkerOnline.org/2019Election.