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Home My WebLink About04/19/2023 - Transportation Board - Agenda - Regular MeetingAGENDA CITY OF FORT COLLINS· BOARDS AND COMMISSIONS Transportation Board AGENDA Wednesday, April 19th, 2023, 6:00 PM Virtual Meeting via Zoom, link info below City of k!S��lsi� Commissions https://zoom. us/j/99236679837?pwd = M DdtZDMvTn N GQm Fid0YvWWRCTm5H UT09 Meeting ID: 992 3667 9837 Passcode: 735155 This Transportation Board will be conducted online via Zoom. The meeting will be available to join beginning at 6:00 p.m. Participants should join at least 10 minutes prior to the 6:00 p.m. start time. ONLINE PUBLIC PARTICIPATION: You will need an internet connection on a laptop, computer, or smartphone, and may join the meeting through Zoom at https://us06web.zoom.us/join Webinar ID:992 3667 9837, Passcode 735155 (Using earphones with a microphone will greatly improve your audio). Keep yourself on muted status. For public comments, the Chairperson will ask participants to click the "Raise Hand" button to indicate you would like to speak at that time. Staff will moderate the Zoom session to ensure all participants have an opportunity to comment. Documents to Share: Any document or presentation a member of the public wishes to provide to the Transportation Board for its consideration must be emailed to aiverson@fcgov.com at least 24 hours before the meeting. Provide Comments via Email: Individuals who are uncomfortable or unable to access the Zoom platform or participate by phone are encouraged to participate by emailing comments to aiverson@fcgov.com at least 24 hours prior to the meeting. If your comments are specific toany of the discussion items on the agenda, please indicate that in the subject line of your email. Staff will ensure your comments are provided to the Transportation Board. 04/19/2023 Agenda Page 1 AGENDA CITY OF FORT COLLINS· BOARDS AND COMMISSIONS City of k!S��lsi� Commissions Transportation Board, Bicycle Advisory Committee Joint Meeting AGENDA Wednesday, April 19th, 2023, 6:00 PM Virtual Meeting via Zoom, link info below https://zoom. us/j/99236679837?pwd = M DdtZDMvTn N GQm Fid0YvWWRCTm5H UT09 Meeting ID: 992 3667 9837 Passcode: 735155 AGENDA 1.CALL TO ORDER 2.ROLL CALL 3.AGENDA REVIEW 4.CITIZEN PARTICIPATION 5.APPROVAL OF MINUTES (MARCH 2023) 6.UNFINISHED BUSINESS 7.NEW BUSINESS a.Sustainable Funding (Ginny Sawyer) Information, Feedback (1 hour) 8.BOARD MEMBER REPORTS 9.OTHER BUSINESS a.Bicycle Advisory Committee Report b.City Council 6 Month Calendar Review c.Staff Liaison Report 10.ADJOURNMENT 04/19/2023 Agenda Page 2 TRANSPORTATION BOARD TYPE OF MEETING – REGULAR March 15, 2023, 6:00 p.m. Virtual Meeting Via Zoom 3 /1 5 /202 3 – MINUTES Page 1 FOR REFERENCE: Chair: Cari Brown Vice Chair: Council Liaison: Ed Peyronnin Emily Francis Staff Liaison: Aaron Iverson 1.CALL TO ORDER Chair Brown called the meeting to order at 6:00 PM. 2.ROLL CALL BOARD MEMBERS PRESENT: Cari Brown, Chair Ed Peyronnin, Vice Chair Jerry Gavaldon James Burtis Indy Hart Nathalie Rachline Jess Dyrdahl Stephanie Blochowiak BOARD MEMBERS ABSENT: Rob Owens CITY STAFF PRESENT: Cortney Geary PUBLIC PRESENT: Alex Gordon, NFRMPO Lindsay Jones 3.AGENDA REVIEW Geary stated there were no changes to the published agenda. 4.CITIZEN PARTICIPATION Lindsay Jones introduced herself as a transportation engineer. 5.APPROVAL OF MINUTES – FEBRUARY 2023 Gavaldon made a motion, seconded by Chair Brown, to approve the February 2023 TRANSPORTATION BOARD – BICYCLE ADVISORY COMMITTEE TYPE OF MEETING – REGULAR 3 /1 5 /2023 – MINUTES Page 2 Transportation Board/Bicycle Advisory Committee minutes as written. The motion was adopted unanimously with Rachline, Dyrdahl, and Blochowiak abstaining. 6.UNFINISHED BUSINESS None. 7.NEW BUSINESS a.North Front Range MPO, 2050 Regional Transportation Plan (Alex Gordon) Alex Gordon, North Front Range Metropolitan Planning Organization (NFRMPO) Transportation Planner, discussed the boundaries of the MPO and its purpose to work with the elected officials, planning and transit staff within those boundaries to create a cohesive regional transportation plan and priorities. He noted the MPO is required to consider the entire multi-modal transportation system. Mr. Gordon discussed the Regional Transportation Plan which is updated every four years. He stated a major part of the effort has been looking at regional corridors, including all interstates, U.S. highways, and state highways. He also discussed the regional transit corridors and regional active transportation corridors. Mr. Gordon outlined two formerly separate plans that will now be included in the Regional Transportation Plan: the Systems Performance Report which involves setting targets for federal performance measures such as safety, infrastructure, transit asset management, and transit safety, and the Greenhouse Gas Transportation Report which included four major recommendations including investment in transportation demand management, additional transit, additional bike and pedestrian infrastructure, and signal optimization. Mr. Gordon noted the 2050 Plan needs to be adopted by September of 2023 and he outlined the timeline for various aspects of the process. He specifically commented on outreach efforts including an online map that allows for input on specific corridors or general input. Chair Brown asked if the online survey is available in multiple languages. Mr. Gordon replied it is not currently; however, if a request was received, it would be made available. Hart commented on the Poudre Trail connection at I-25 noting it has been in progress for some time. He asked what needs to be done to complete the connection. Mr. Gordon replied Larimer County, Timnath, and Windsor received a GoCo grant for the east side of I-25 and that portion should be complete by the summer. The section under I-25 will be completed when the highway is completed, which should be later this year or early next year. One of the last two sections should be complete later this year and one may involve a temporary solution until a property issue can be TRANSPORTATION BOARD – BICYCLE ADVISORY COMMITTEE TYPE OF MEETING – REGULAR 3 /1 5 /2023 – MINUTES Page 3 resolved. Gavaldon stated multiple languages should be available for the online mapping tool without someone having to request it. Mr. Gordon replied it has been considered. Gavaldon encouraged the MPO to make it a high priority. Gavaldon asked if it is within the purview of the MPO to consider pedestrian overpasses on Harmony. Mr. Gordon replied that is a project Fort Collins has applied for a few times and it could be considered as part of the safety component of the Regional Transportation Plan. Blochowiak stated the project to create an underpass for the Power Line Trail is already in the works. Gavaldon stated he believes that is a $10 million project and he would like to see other more fiscally conservative options. He asked if there might be funding or grants available from the MPO. Mr. Gordon replied the project does rank well in terms of safety; however, it does not in terms of cost effectiveness. He noted Fort Collins has received about $8.2 million total from the MPO. Burtis asked how the MPO coordinates with state, regional, and local transportation authorities and whether the Regional Transportation Plan is binding. Mr. Gordon replied the MPO exists because of federal regulation and part of its charge is to work with transit agencies and the state. He stated the MPO wants the Regional Plan to be achievable; therefore, the projects included in the Plan come from the communities themselves to help build on the local plans and priorities. He specifically discussed the West Elizabeth project and its inclusion in the Regional Plan. Burtis asked how bike, bus, and train infrastructure costs compare to car-focused infrastructure costs. Mr. Gordon replied he does not have exact numbers; however, he stated there is more incentive to build bike and pedestrian infrastructure particularly given the area’s non-attainment status which requires ozone and greenhouse gas reduction. Burtis asked if there will be any type of community participation for the service development plan for front range rail. Mr. Gordon replied the plan is caught in some bureaucracy; however, as of last year, there is now a Front Range Passenger Rail District which is looking at the plan. Vice Chair Peyronnin commented on the benefits of rail but expressed concern about utilizing existing rail lines given delays that can be caused by freight trains. Gavaldon commented on the benefits of rail service. Mr. Gordon asked what concerns the group has regarding the regional corridors. Chair Brown stated she would utilize train service; however, she agreed utilizing freight train lines could be problematic. TRANSPORTATION BOARD – BICYCLE ADVISORY COMMITTEE TYPE OF MEETING – REGULAR 3 /1 5 /2023 – MINUTES Page 4 Hart commented on an experience riding the Poudre Express bus and suggested the MPO could help facilitate better communication between the construction work on I- 25 and the regional transportation providers. Burtis commented on the need to make corridors in Fort Collins and Loveland safer in order to encourage bicycling as a way to commute. 8.BOARD MEMBER REPORTS Gavaldon reported on the need for having patience while crossing roadways on bicycles. He commented on the need for additional cyclist education. He reported Raising Cane’s will no longer be going in on North College and expressed concern about the traffic stacking at its South College location. Hart reported he recently witnessed snowplows deliberately clearing bike lanes. He stated some debris is still present; however, he was glad to see the plowing occurring. He suggested customers not patronize businesses that present traffic stacking concerns. Burtis commended having the ability to take a carless trip to the Denver airport. He also commented on dangerous right turns on red lights being allowed in Old Town. Rachline noted that movement is technically not allowed at Mountain and College. Geary noted the Active Modes Plan includes a recommendation to look at more locations where prohibiting right turns on red could be effective. Gavaldon suggested left turns should not be allowed at Mountain and College stating the back-ups create a hazardous situation. Geary replied she would pass on that suggestion and also noted incorporating right turn on red restrictions is also part of the Vision Zero Action Plan. Rachline requested the Board receive a presentation on vehicle miles travelled statistics and whether compliance with the Climate Action Plan is actually occurring. She also requested more detailed information on the 15-Minute City plan. Dyrdahl reported on bike paths in Dubai and alternative modes of transportation in Middle East countries. Vice Chair Peyronnin commented on the need to promote bells as a way to alert bikers of passing riders as they are easier to hear. He also reported on attending the railroad meeting and being skeptical of the funding being present to continue the project all the way to northern Colorado. Rachline commented on the need for additional Bustang and Flex service. Hart commented on the appropriate ways to audibly announce a passing move on trails noting people should announce themselves early and consider making a friendly comment when passing to help alleviate startling people. Chair Brown commented on her experience on the trails noting most people do not TRANSPORTATION BOARD – BICYCLE ADVISORY COMMITTEE TYPE OF MEETING – REGULAR 3 /1 5 /2023 – MINUTES Page 5 announce passing at all. Vice Chair Peyronnin commented on the possibility of promoting bell use through giveaways and as part of education efforts. Burtis stated Bustang is expanding its service over the next three years. Chair Brown asked about the City’s safe cyclist program. Geary replied she would share a link for the current classes. Blochowiak noted there will be a great deal of federal funding available soon for infrastructure projects, including transportation. She stated there is a lot of discussion around new programs to fund new ways of designing, planning, and constructing the transportation system and using the National Environmental Policy Act (NEPA) process as a leverage point for that. Chair Brown reported on a small crash that occurred with her son’s school bus and credited Transfort with its quick response. 9.OTHER BUSINESS a.Bicycle Advisory Committee Report Geary noted the last BAC meeting was the joint meeting with the Transportation Board. b.City Council 6-Month Calendar Review Geary highlighted upcoming Council topics including the Vision Zero Action Plan, Land Use Code changes, and the Timberline/Mulberry/Lincoln intersection project. Gavaldon requested the Board receive some additional information on the intersection project. c.Staff Liaison Report None. 10. ADJOURNMENT The meeting adjourned at 7:40 p.m. by unanimous consent. SUSTAINABLE FUNDING UPDATE Transportation Board April 19, 2023 22022Work SUSTAINABLE FUNDING 2022 Dec. CFC Jan. CFC Mar. CFC April Council Work Session Deep-Dive on Identified Needs: Parks & Rec, Transit & Housing Dec. Council Work Session Funding Mechanisms and Potential Funding Levels June CFC Sept. CFC Funding Mechanisms & Early Scenario Planning Work Session Direction and Questions Election options are known for timeline considerations Nov. CFC Introduce Topic: Sustainable Revenue Identified Funding Needs 3 Masterplan to Build Out Projects To Achieve 10% Affordable Housing Stock To Accelerate Community Transition From Fossil Fuels 9.5M+ Annual Gap$14.7M Annual Gap $8-9.5+ Annual Gap$8-12M Annual Gap ANNUAL REVENUE GAP = $40M TO $46M+ Masterplan Projects 4WhatCouldDedicatedParks & Rec. Revenue Fund? InfrastructureReplacementOperations & Maintenance (Daily Tasks)Annual Gap ($M) 8.2$1.0Parks 2.3$0.0Recreation 0.6PlantingRefresh 11.1$1.0Total OPERATIONS AND MAINTENANCE:The daily tasks needed to keep parks and recreation facilities running and minor repairs to capital assets to keep them in a good state of repair, such as water management, turf care, trash & recycling in parks. INFRASTRUCTURE REPLACEMENT (CAPITAL):Critical maintenance or repair of existing assets; can also include strategic changes to existing parks or recreation facilities and design elements Replacements, like replacements of courts or playgrounds, typically require one-time funding and are not likely to increase annual operations and maintenance costs. Can also include strategic changes to existing parks or recreation facilities and design elements that may trigger slight increases in annual operations and maintenance costs. 11M annual gap include recreation needs Transit Master Plan Buildout Local match for major capital projects There are currently unprecedented Federal dollars in grant funding available to fund 60-80% of large transit projects. Short- & Mid-term Examples: West Elizabeth Bus Rapid Transit North transit maintenance facility needed for further expansion) Electrification and ultimate zero-emission of bus fleet Additional charging infrastructure North College MAX extension Mobility hubs 5WhatCouldDedicatedTransitRevenueFund? Improve route frequencies and add new service The Transit Master Plan identified frequency and service expansions that would greatly increase transit ridership. Short-term Examples: Procure additional buses and increase operational frequencies Increase frequency on Drake from 30 to 15 minutes Increase frequency on North College from 30 to 15 minutes Increase off-peak frequency on Shields from 60 to 30 minutes Add new route with 30-minute frequency on Lemay/Trilby New southeast micro-transit service 6WhatCouldDedicatedHousingRevenueFund? Expand the City’s competitive funding process to better support projects seeking to: Acquire land, develop new affordable housing, preserve existing affordable housing, support residents. Examples: Housing acquisition (redevelopment/preservation) Land acquisition New construction costs Affordable homeownership renovation Renovate affordable rental housing Homeownership assistance Expand or initiate City-led efforts as identified in adopted policies including the Housing Strategic Plan, City Strategic Plan, and HUD Consolidated Plan. Examples: Acquire properties for Land Bank (expand) Offset fees for affordable projects (expand) Develop incentive programs (energy efficiency, voluntary affordability restrictions, etc.) Explore redevelopment partnerships Other innovative approaches (middle income, mixed income, etc.) Accelerate Housing Strategic Plan Implementation 7 Examples of Accelerated Implementation of Our Climate Future Big Moves Targeted climate justice initiatives to invest in community capacity to lead. Community-led action grants and precursor funding (e.g. trust building) Equity trainings for staff and partners Community consultant program Climate equity committee Shared Leadership and Community Partnership BIG MOVE Support neighborhoods and businesses as they transition to zero waste. Zero Waste Neighborhoods Zero Waste Economy BIG MOVE BIG MOVE Circular economy strategies Innovate Fort Collins Challenge on circular start-ups/initiatives Removing recycling barriers with equity focus What Could Dedicated Climate Revenue Fund? 8WhatCouldDedicatedClimateRevenueFund? Examples of Accelerated Implementation of Our Climate Future Big Moves Enhance community systems for responding to extreme climate events and adapt to a changing climate. Emergency weather event response plans and facilities Enhanced water efficiency strategies Neighborhood scale resilience Climate Resilient Community BIG MOVE Expanded programs and services for transition of heating and vehicles to efficient electric. Efficient, Emissions Free Buildings Electric Cars and Fleets BIG MOVE BIG MOVE Efficiency improvements Panel and service upgrades Workforce and supply chain support EV managed charging options EV charger installation support Electric grid flexibility systems 9GovernmentalRevenue Sales & Use Tax: Over 50% of the City’s revenue without utilities Property Tax: Current City mill levy of 9.797 has not increased since 1992 Poudre Fire Authority receives 67% of the City’s portion of property tax via an IGA Sales & use taxes, 53.22% Charges for Services, 11.21%, Property taxes, 11.30% Intergovernmental not restricted to programs, 9.22%, Grants and Contributions, 11.51%, Other, 3.56%, 2021 REVENUE BY SOURCE – GOVERNMENTAL ACTIVITIES $305.7 MILLION City Revenue 10 Sales Tax Local Total: 3.85% Base rate: 2.85% Groceries: 2.25% 3 dedicated ¼-cent taxes: Street Maintenance Capital Improvement Open Space Keep Fort Collins Great General ¼-cent Property Tax Fees, Fines, Grants 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 Boulder Denver Aurora* Grand Junction Brighton Colorado Springs Castle Rock Fort Collins Golden Littleton Greeley Loveland State County Rate Other Taxes City Rate 11 Colorado City Full Stack Sales Tax Rates Located in three counties TOTAL TAX RATES revenue trends and comparisons) 12TaxRateHistory 3.85% Current City Sales Tax rate 2.85% cent Street Maintenance cent CCIP Expiring 12/31/2025: cent Street Maintenance cent CCIP Expiring 12/31/2025: 0 5 10 15 20 25 Denver City & County) Littleton Golden Boulder Greeley Fort Collins Loveland Castle Rock Aurora* Grand Junction Brighton 13 Colorado City Property Tax Rates Located in three counties PFA receives 67% of the city’s portion of property tax via an IGA Approx. 6 of the City’s 9 mills Colorado City Mill Levy Comparison 14Taxvs. Fee Requires voter approval due to TABOR Can be used for any public purpose authorized by Council Can be broadly imposed on both residents, non-residents and visitors Requires voter approval due to TABOR Can be used for any public purpose authorized by Council Can be broadly imposed on both residents, non-residents and visitors Requires voter approval due to TABOR Can be used for any public purpose authorized by Council Can be broadly imposed on both residents, non-residents and visitors Does not require voter approval Must be used to defray the cost of a particular government service and be reasonably related to the cost of that services or capital improvements Can only be imposed on those who are likely to benefit from the service funded with the fee or capital improvements Does not require voter approval Must be used to defray the cost of a particular government service and be reasonably related to the cost of that services or capital improvements Can only be imposed on those who are likely to benefit from the service funded with the fee or capital improvements Does not require voter approval Must be used to defray the cost of a particular government service and be reasonably related to the cost of that services or capital improvements Can only be imposed on those who are likely to benefit from the service funded with the fee or capital improvements 15 Impact to Residents Annual Revenue ProjectionMechanism Business, Resident$11M+Special districts (Library District Mill Levy 3.0)1 Business, Resident$11M+Property tax (Library District Mill Levy 3.0)2 Business$11M+Large emittersfee3 Resident, Visitor$9M+¼-cent sales tax base rateincrease4 Resident, Visitor$9M+¼-cent additional dedicated salestax5 Resident, Visitor$9M+Repurpose ¼-cent dedicatedtax6 Resident, Visitor$5MExcisetaxonspecificgoods7 Business$4M+Business occupational privilege tax ($4 monthly/$48 annually)8 Business, Visitor$4M+Tax on services (i.e., haircuts, vet service, financial services, etc.)9 Resident$4MUserFees (parks, transit) ($5 monthly/$60 annually)10 Business$2MReconfigurecapitalexpansionfees (Affordable housing)11 Business$2MEstablishnewcapitalexpansionfees (Affordable housing)12 Business$2MCarbonTax13 FULL LIST Potential Funding Options 16Mechanics & Residential Impact HouseholdImpactAnnualRevenue EstimateFundingMechanismCategory 30.67 average per year for a resident Sales tax on food would remain at 2.25% Visitors also impacted 9M+¼-Cent Sales Tax dedicated, ongoing or repurpose)Sales Tax Residential annual increase of $21.45 Commercial annual increase of $87.00$3.5M1MillPropertyTaxPropertyTax Residential annual increase of $42.90 Commercial annual increase of $174.00$7M+2 Mill Property Tax Residential annual increase of $64.35 Commercial annual increase of $261.00$11M+3 Mill Property Tax Residential annual increase of $85.80 Commercial annual increase of $348.00$14.5M+4 Mill Property Tax Residential annual increase of $107.25 Commercial annual increase of $435.00$18M+5 Mill Property Tax 5 per $100 purchase in Fort Collins Visitors also impacted5M5% Tax on Specific Goods Additional Excise) Sales Tax Net neutral for residential and commercial permit fees$2MReconfigure/BroadenApplicationCapitalExpansionFee 17ExciseTaxvs. Additional Sales Tax An additional sales tax on the purchase price to the end customer Estimates below: Additional 5%Additional 3%Tax Type 4M+$2M+Alcohol* 5M$3MMarijuana 2M$1MTobacco Liquor store estimate only EXCISE TAX Excise tax on the distributor Natural gas excise tax discussion May CFC ADDITIONAL SALES TAX 18ScenarioA: $25M+ StakeholderImpactAnnualRevenue EstimateFundingMechanismCategory 30.67 average per year for a resident Sales tax on food would remain at 2.25% 9M+New ¼-Cent SalesTaxSalesTax Residential annual increase of $64.35 Commercial annual increase of $261.00$11M+3 Mill PropertyTaxPropertyTax 2 per $100 purchase in Fort Collins Visitors also impacted2M+3% Tax on AlcoholAdditional (Excise) Sales Tax 3 per $100 purchase in Fort Collins Visitors also impacted3M3% Tax on Retail MarijuanaAdditional (Excise) Sales Tax 1 per $100 purchase in Fort Collins Visitors also impacted1M3% Tax on TobaccoAdditional (Excise) Sales Tax 156 net annual increase per household* + impact of excise tax$25M+Sales Tax 4.1%Total 19ScenarioB: $29M+ StakeholderImpactAnnualRevenue EstimateFundingMechanismCategory Residential annual increase of $107.25 Commercial annual increase of $435.00$18M+5 Mill PropertyTaxPropertyTax 4 per $100 purchase in Fort Collins Visitors also impacted4M+5% Tax on AlcoholAdditional (Excise) Sales Tax 5 per $100 purchase in Fort Collins Visitors also impacted5M5% Tax on Retail MarijuanaAdditional (Excise) Sales Tax 2 per $100 purchase in Fort Collins Visitors also impacted2M5% Tax on TobaccoAdditional (Excise) Sales Tax 107.25 net annual increase per household* impact of excise tax29M+Sales Tax 3.85%Total 202023Timeline Long-term Look at Possible Tax Renewals ASSUMES 10 YEAR TERMS 20502045204020352030202520202015 YEAR Open Space Yes 20 yr) | 2006 - 2030 KFCG 10 yr) | 2011 - 2020 KFCG.25 10 yr) | 2021 - 2030 Assume KFCG 10 yr) | 2031 - 2040 Street Maintenance 10 yr) | 2016 - 2025 Assume Street Maintenance 10 yr) | 2026 - 2035 Assume Street Maintenance 10 yr) | 2036 - 2045 Community Capital Improvement 10 yr) | 2016 - 2025 Assume Capital Renewal 10 yr) | 2026 - 2035 Assume Capital Renewal 10 yr) | 2036 - 2045 212023Timeline SUSTAINABLE FUNDING TIMELINE Feb. CFC May. CFC June Council Work Session Natural gas excise and larger emitter tax discussion Nov. Elections July CFC Timing and what item(s) to target in 2023 Opportunity to refer an item to the ballot Timing and what item(s) to target in 2023 August Council Meeting Potential draft ballot specifics Election Timeline Options: 22ElectionTimelineOptions 2023 2024 2025 2026 November November NovemberNovember Street Maintenance and Community Capital Taxes expire Dec. 31, 2025 Parks & Rec.Renewals Climate Portfolio – Climate, Housing, Transit 24 Backup 25FollowuponTaxes MarijuanaAlcoholOtherTobaccoCigarettesTaxingAuthority 1.94 (per pack)State (Excise) 15.00%2.90%2.90%2.90%State 0.80%0.80%0.80%0.0%County 3.85%3.85%3.85%3.85%City 19.65%7.55%7.55%6.75% + excisetaxTotal TOTAL SALES TAX RATES EnglewoodBerthoudCommerceCityDenverAuroraThorntonBoulderFortCollinsTaxingAuthority 15.00%15.00%15.00%15.00%15.00%15.00%15.00%15.00%State 0.25%0.80%0.75%0.00%1.00%0.75%1.19%0.80%County 3.80%4.90%4.50%4.81%3.75%3.75%3.86%3.85%City 10.30%7.00%7.00%5.50%5.00%5.00%3.50%0.00%City Additional 29.35%27.70%27.25%25.31%24.75%24.50%23.55%19.65%Total* MARIJUANA SALES TAX RATE COMPARISON Does not include other taxes (RTD, cultural, etc.) 26AdditionalSalesTaxonSpecificGoods Retail only Liquor store estimate only Retail Marijuana ExciseTaxCity 10.3%Englewood 7.0%Berthoud 7.0%Commerce City 6.0%Golden 5.5%Denver 5.0%Aurora 5.0%Thornton 5.0%Breckenridge 5.0%Dillon 5.0%Eage 5.0%Federal Heights 5.0%Frisco 5.0%Lafayette 5.0%Sheridan 5.0%Silverthorne 5.0%WinterPark 4.0%Broomfield 4.0%Northglenn 3.5%Boulder 3.0%Longmont 3.0%Littleton Others Natural gas Staff research priority for early 2023 Sugar sweetened beverages Beverages in plastic containers Alcohol 5% Alcohol** estimate of $4M+ Marijuana Excise Tax: Precedent across Colorado at approx. 5% 5% estimate of $5M* annually for the City Current revenue at 3.85% reflected below: 20212020Type 3.9M$3.6MRetail 192k$172kMedical 27FortCollinsNetTaxableSales 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 YTD* MillionsCity Net Taxble City % of County Sales City Pop % of County FORT COLLINS NET TAXABLE SALES revenue trends and comparisons) YTD through August 2022