It’s no secret that affordable housing is an issue at ski resorts across the country, with resorts and towns struggling to hire enough staff in time for the upcoming winter. To combat this, Vail, CO, is proposing a sales tax increase to support housing initiatives, Vail Daily reports.
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The 0.5% sales tax increase, the first since 1974, would add $1 to every $200 purchase (groceries would be exempt). It’s estimated that the tax increase would generate over $4-million in its first year.
A stable fund for housing has been on the agenda for years in Vail has never passed the vote. Official votes this time around won’t be certified for another couple of weeks, but officials are confident that it will be passed this time around.
A survey conducted in the summer found that 82% of voters aged 18 to 44 consider housing to be a “big problem.” Of voters older than 65, 48% agreed that housing is a big problem.