Cripple Creek officials are hoping a proposed citywide sales tax increase will help boost the city’s coffers after revenues dropped during the COVID-19 pandemic.
“We’re in a deficit on device fees and the general fund has taken a hit from COVID,” City Administrator Frank Salvato said this week. “We haven’t recovered from 2019, so part of it is just to prop up the general fund again because we’ve taken such a hit”…
A boost to the city’s coffers is much needed, officials say, because Cripple Creek’s revenues have dipped since casinos closed for several months in the early days of the pandemic.
