A tax is a rate or duty, levied each year for the purposes of general revenue, regardless of the benefit accruing to the property or person taxed. Taxes require approval by the public through voting.
A utility fee is a charge for a particular service and is a dedicated revenue source. In other words, the stormwater utility fee can only be used for stormwater management and capital improvements. The fee is also applied to otherwise tax-exempt entities such as:
- Federally and state-owned properties
Utility fees are not required by the Colorado State Constitution to be put to public vote. A utility fee is a fairer approach for funding our State and Federally mandated stormwater management.