By Alexander Edwards | Denver Gazette
A divided Denver City Council on Monday approved a measure that will ask Denver voters in November to hike the city’s sales tax by 0.5 points to generate $100 million, which Mayor Mike Johnston wants to spend on “affordable” housing.
The council adopted several amendments, including a 40-year sunset provision.
If approved by voters, Denver’s sales tax would be 9.31%, and if another sales tax measure to fund Denver Health — the city’s hospital system — also sails through, the sales tax would increase by another 0.34 points.
