Denver voters narrowly approved the city’s first dedicated preschool sales tax in 2006, and since then, specialized taxes have gained popularity among residents. The preschool tax, initially set at 0.12%, was extended and increased to 0.15% before being made a permanent fixture in the municipal code in 2023 with overwhelming support. In addition to the preschool tax, Denver voters have passed six other dedicated sales tax measures since 2018, totaling 1.31% of the city’s overall sales tax rate of 8.81%.
These dedicated taxes have generated $1.1 billion for preschool programs and parks in the city. Despite the additional tax burden, which amounts to about 13 cents on a $10 purchase, voters have consistently shown support for funding specific programs and initiatives through dedicated sales taxes.
The success of these dedicated taxes showcases Denver residents’ willingness to invest in areas that they believe are important for the community’s well-being. The funds raised have made a significant impact on preschool education and public park spaces in the city.
For more information on this topic, readers can refer to the full story from The Denver Post.
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