Fiscal Sustainability Key Focus For City Council During Upcoming Worksession on March 13

City of Steamboat Springs Provides Background Tax Policy Reference Information STEAMBOAT SPRINGS, COLORADO-March 5, 2018-In a week from now, the Steamboat Springs City Council is scheduled to discuss Fiscal Sustainability as it relates to Revenue Diversification for the City of Steamboat Springs as one of the topics during a worksession on Tuesday, March 13, 2018. The Tax Policy Background material has been compiled by the City Attorney’s Office as a way to inform residents, who may be new to the conversation or want to better understand the city’s tax policy. The information provides a valuable baseline which should help individuals as the dialogue develops around this topic during the March 13 meeting and in future sessions. The reference document outlines the basic elements of tax policy for the City of Steamboat Springs, specifically taxing powers and limitations; existing taxes; tax options; and, the diversity and stability of taxes. A copy of the document can be found at steamboatsprings.net. Fiscal Sustainability is one of City Council’s primary goals for 2018 and an active dialogue early in the process by citizens is going to be key to the community’s success. With these resources, individuals do not have to be tax experts to be involved in this important issue facing the city. Supplementary tax related materials such as the Tax 101 presentation to City Council by Finance Director, Kim Weber, on January 16, 2018, are also available. Reference materials from previous fiscal sustainability discussions can be found at steamboatsprings.net. Citizens are encouraged to participate in the work session by attending the meeting in Citizens’ Hall, listening on Steamboat Radio KSBS, 105.7-FM or watching on Comcast Channel 6. Audio recordings of council meetings are accessible roughly 48-hours after each meeting at steamboatsprings.net/agendas.