(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.
C.R.S. § 32-18-106
Financial powers
Known as the Forest Improvement District Act
The act spans §§ 32–32 (9 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.