Non-primary home excise tax planning
Town of Crested ButteColorado- Detected
- Jul 20, 2026
- 105 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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THE 30-SECOND BRIEF
The Town is in a multi-year long-range financial planning effort and is now focusing on a November 2026 ballot measure for an excise tax on non-primary residences, potentially generating up to $1.5M annually for the Capital Fund. Polling has been completed, Council is weighing tax structure (flat vs. size-based), CPI indexing, and exemptions, and staff will draft ballot language and an implementation ordinance. This is a significant revenue and policy change that will drive future capital projects, making it relevant for consultants in public finance, polling, communications, and capital planning who can help refine the measure and connect it to specific investments.
Revenues are expected to be restricted to the Capital Fund and may support facilities, fleet, housing and parks investments over 5+ years.
From the meeting
- Meeting date
- July 20, 2026
- Agency
- Town of Crested Butte
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