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<br /> <br />(l ,- <br />IIU 1111 { <br /> <br />. <br /> <br />CUSTER <br />COUNTY <br />FINDINGS <br /> <br />.- <br /> <br />The study find.ings om: presented II\ <br />the tible belCl'W. The flm. two ro...."S of the <br />table sh<N.' the total dollar amount that <br />was allocated to each land Use for revenues <br />and expendmrres. The final row presents <br />ratios shOWing the net tax'pin or loss for <br />each land use. This is a clear way to show <br />how much each l.md use C061S for every <br />dollar of revenue' it raises. <br />The revenues/expenditures ratios <br />shov.' that agnculruralland and open space <br />pay more than their "fair share" of local <br />taxes. For every dollar these' lands provide <br />in revenue ro county government from <br />property taxes, sales taxes, and other <br />-revenueS, they demand back onIy.$O.54 in <br />service COSts. Commercial and industrial <br />property slmilarly provide a net fiscal <br />benefit to -the county, demanding only <br />$0.71 in servi<:e casts for ever dollar they <br />generate in re~'enue. In roOtra5t, residential <br />develoPment teqUlteSSI.16 In local <br />government services for every ux dollar <br />it generates II\ revenue. <br /> <br />Local governments in Colorado rely <br />heavily on property taxes to fund local <br />services. Property taxes make up 46 per- <br />unt of all local govelJ1ffient revenue in <br />OJster County. Sales taxes, state and feder- <br />al funds, and local pc'rmit and license fees, <br />among other re\'enue S(AltCes, account for <br />the remainder of the county's ~t. <br />These revenues are used to provide <br />services-such_ as police protection, road <br />consrruction and maintenance,-education. <br />and health and v,-elfare servic.es---to <br />tf$idences, bus~, and farms and <br />ranches in the county. Education is <br />the most expensive service-rrovided, <br />accounting for 69 percent of rroperty <br />tax expendmrres. <br />\t'nat dOes this mean for GJ.ster <br />County! According to the ax:s findings, <br />a 160-acre hay meadow pays S540 in taxes. <br />annually and demands less than $Z90 in <br />government services. Meanwhile, a subdi- <br />vision of similar sire pay-siess than $Zl,OCO <br />in raxo annually and requires more than <br />$ZJ,OCO in go\'ernment services. <br />The Custer County findings are sup- <br />ported by similar results from around the <br />country. For example, cxx:s studies In <br />Montana, Utah, and Idaho found that rest- <br />dentialland use does not genmte revenue <br />,sufticienttoco\'er the costs of services it <br />demands, \\nile farm and ranch. forest, <br />open space, commercial, and industrial <br />land uses all produce revenues in excess of <br />rhe C05ts they require. <br /> <br />The bottom line is char instead of <br />expanding the rax base, residential <br />de"elopmene thae is Me balanced <br />by business growth ana agricultural <br />[>resen<lrion will either increase <br />f,roperty raxes ctr result in <br />decUning le~~ of public sertices. <br /> <br />1998 Custer County Revenues/Expenditures Ratios <br /> <br />Total County Revenue~ <br />Total County b:penditures <br />Revenues/b:pendi~ures Ratios <br /> <br />Sl,165,524 <br />n,914.993 <br />S1.00: S1.16 <br />