| | | | | | | | VAIL TOWN COUNCIL AGENDA MEMO
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| | | | | | | | ITEM/TOPIC: Resolution No. 42, Series 2020, a resolution supporting Town of Vail Ballot Issue 2G regarding Gallagher Stabilization.
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| | | | | | | | PRESENTER(S): Scott Robson, Town Manager
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| | | | | | | | ACTION REQUESTED OF COUNCIL: Approve, amend or deny Resolution No. 42, Serie of 2020
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| | | | | | | | BACKGROUND: The Vail Town Council has placed Ballot Issue 2G on the ballot in the November 3, 2020, Eagle County, Colorado General Mail Ballot Election, which would authorize, but not require, the Vail Town Council to adjust Vail’s mill levy rate for the sole purpose of maintaining revenues that may otherwise result from the Gallagher Amendment or other state imposed reductions in the ratio of assessed property tax valuations in order to avoid the continued erosion of funding of Town of Vail services.
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| | | | | | | | STAFF RECOMMENDATION: Approve Resolution No. 42, Series of 2020
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