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Paramount council narrows focus to parcel tax and protective sales‑tax measure to address projected deficit
Summary
Facing a projected structural deficit, the council instructed staff to study a parcel tax (business/industrial tiers), craft a quarter‑cent sales‑tax protection measure, and hire a polling firm to test voter support before placing measures on the ballot.
Paramount’s City Council directed staff to develop more detailed parcel‑tax scenarios and a protective quarter‑cent sales‑tax measure and to return with a polling contract after a finance presentation that laid out the city’s revenue shortfall and ballot options.
Finance Director Lana Deetsch presented a long‑range forecast showing a widening structural deficit and said staff had identified four revenue options: a cannabis tax (estimated in the presentation at $250,000 to $1,000,000 annually), modernizing and removing the cap on the utility‑user tax (the…
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