During a recent government meeting, officials discussed funding strategies for local recreational facilities, particularly focusing on the proposed indoor pool, previously referred to as the aquatic center. The conversation highlighted a recent increase in funding from excise taxes earmarked for events and recreational projects, which rose from $25,000 to $35,000, representing a significant 65% allocation for these initiatives.

The meeting revealed that the total funds accumulated for the indoor pool project from excise tax revenue currently stands at approximately $165,214, supplemented by $1,964,065 from TABOR excess, bringing the total to nearly $3 million. However, officials noted that the projected cost for constructing the indoor pool, which will feature six 50-meter lap lanes, is estimated at around $9 million in current dollars.

As discussions progressed, concerns were raised about the impact of inflation on funding efforts. One official suggested that the time has come to consider placing a sales tax increase on the ballot to secure additional funding for the aquatic center, emphasizing that current funding mechanisms are insufficient. This proposal aligns with the strategic planning discussions held during a recent Board retreat, where prioritization of funding sources was a key topic.

The meeting concluded with a consensus to further evaluate funding options and prioritize the indoor pool project in upcoming discussions, as the general fund currently has approximately $4.4 million available in unassigned funding.