Boulder explores diverse tax options ahead of 2026 financial strategy

The Boulder City Council's recent meeting on April 13, 2025, focused on exploring new tax options to enhance the city's financial flexibility. City officials highlighted that Boulder has one of the highest levels of dedicated taxes along the Front Range, which limits their ability to address community priorities effectively.

During the discussions, the financial strategy committee proposed the possibility of expanding the current sales and use tax base. This could align Boulder with other cities that are considering similar measures. Additionally, there was interest in exploring a vacancy tax and the potential for issuing debt as part of a broader financial strategy for 2026.

Council member Sue raised concerns about the costs associated with city projects, referencing the new fire station's $37 million price tag. She inquired about the spectrum of tax options, seeking clarity on which types are more progressive or equitable. City officials acknowledged that sales and use taxes are generally more aggressive, while property taxes tend to be more progressive. They committed to further analyzing the tax burdens across different districts in Boulder, particularly considering the revenue generated from tourism in the downtown area.

The meeting underscored the city's commitment to reassessing its tax structure to better meet community needs while balancing financial responsibilities. Further analysis and discussions are expected as the city prepares for potential changes ahead of May 2026.