Exploring revenue options
Ensuring the Town’s fiscal sustainability and developing long-term public safety funding enhancement options are two of the Town’s key priorities for 2021.
In March, Town staff presented Town Council an analysis of alternative revenue options. Also at that time, Council heard from the Fire and Police departments about their staffing and other needs over the next five years, given the Town’s expected growth.
Discussions on these topics have continued, and the Town is now seeking the public’s feedback on some of the alternatives that have been evaluated. A voter opinion poll in early June will explore the community’s thoughts about potential tax questions that Town Council could place on the November 2021 ballot.
Council will receive and begin discussions on the results of the poll during a June 15 study session. Depending on the community’s feedback, Council may decide in July to ask voters for permission to initiate new revenue streams or increase existing ones as part of this fall’s elections.
Castle Rock voters have not approved a tax increase since 1994. These alternatives are being considered now to help ensure the Town can continue providing outstanding fire and police services; so the Town’s award-winning open space, parks and trails system can be maintained; and so that the Town’s roadway network can be enhanced – including through construction of a new interchange at Interstate 25 and Crystal Valley Parkway.
This webpage will be updated this summer and fall as discussions in this area continue, and as decisions are made.