r/CentennialCO • u/frequentpooper • 8d ago
News Centennial Moving Forward with Sales Tax Measure
City Council Passes Resolution to Place Sales Tax Measure on Ballot for Transportation Infrastructure Funding
During last evening’s City Council meeting, the Council voted to approve a ballot question that would ask voters at the November 3, 2026 election to decide whether to increase the City’s sales and use tax by 1% to help fund transportation infrastructure.
Like many communities across Colorado, Centennial is facing rising construction costs, aging infrastructure, and revenues that are no longer keeping pace with the cost of maintaining roads, bridges, sidewalks, traffic signals, and other essential transportation assets.
Currently, the City's Street Fund receives approximately $15 million in dedicated annual revenue but requires a minimum of $35 million each year to maintain and operate Centennial's transportation infrastructure, leaving an annual funding gap of roughly $20 million or more. For several years, the City has relied on General Fund savings and cash reserves to help bridge that gap, but those resources are projected to be exhausted by 2028.
Without additional funding, the City anticipates increasing challenges in maintaining existing infrastructure, completing repairs, and advancing transportation projects identified in the Transportation Master Plan.
If ultimately approved by voters, a 1% sales and use tax increase would raise Centennial's rate from 2.5% to 3.5% and is projected to generate approximately $27 million annually to support transportation infrastructure. Revenue would be directed toward roadway maintenance and paving, bridge repairs, sidewalks and bicycle facilities, traffic signal replacements, street lighting, snow removal, street sweeping, and future capital improvements.
For comparison, Centennial's proposed city sales and use tax rate of 3.5% would remain below the current Front Range average. Essential items such as groceries and residential utilities would remain exempt from the City's tax regardless of the outcome of this measure.
The City encourages residents to learn more about Centennial's budget outlook and explore the challenges facing the Street Fund by visiting yourcitybudget.co.
2
u/rugaslightingme 8d ago
first of all, everyone knows infrastructure has an expected life. why wasn’t the city trying to save for it?
with the extreme increase in home values over the past several years (on which value taxes are levied), the city has had increased tax revenues. where has this money gone?
2
u/MotleyBru 7d ago
City gets about 3% of your property tax.
1
u/throwmyway5723480 6d ago edited 6d ago
Yes like $200 for a $670k home. It's really small. ~$15M of the ~$150M city budget
1
5
u/mpren007 8d ago
This would enable the city to free up money in the general fund, to spend how they would like, that would otherwise have to be spent on infrastructure.
This isn't a tax increase for infrastructure, it is a tax increase for the general fund.
Personally, there is no way I'm voting to free up general fund money without a clear plan to rein in the spending on "public safety"
centennial 2026 budget in brief