Colorado § 32-18-106 Financial powers

Colorado Statutes

§ 32-18-106 — Financial powers

Colorado § 32-18-106

Title 32Special

Art.Forest Improvement Districts

This text of Colorado § 32-18-106 (Financial powers) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 32-18-106 (2026).

Text

(1)In addition to the general financial powers specified in section 32-1-1101, the board has the power, for and on behalf of the district, to:

(a)Levy and collect a sales tax in accordance with section 32-18-107, subject to the requirements of section 20 of article X of the state constitution; and

(b)Pledge sales tax revenues or any portion thereof for the payment of any indebtedness of the district.

(2)The ordinance or resolution proposing the creation of a forest improvement district may specify a limit on the amount of revenue that a district may receive.

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(1) In addition to the general financial powers
specified in section 32-1-1101, the board has the power, for and on behalf of the
district, to:

(a) Levy and collect a sales tax in accordance with section 32-18-107, subject to the
requirements of section 20 of article X of the state constitution; and

(b) Pledge sales tax revenues or any portion thereof for the payment of any
indebtedness of the district.

(2) The ordinance or resolution proposing the creation of a forest improvement
district may specify a limit on the amount of revenue that a district may receive.