El Paso County Recoups Missing Revenue
Colorado has shortchanged El Paso County in the amount of sales tax revenue collected by the state but not sent back to the county.
The Gazette reported that the county has recouped $1.3 million in missing sales tax revenue from the state and may be due an additional $830,000.
The discrepancy follows a years-long investigation into the money that’s collected by Colorado and remitted back to the county monthly. County officials couldn’t prove the state was off on a 1 percent sales tax passed in 1988 until another 1 percent tax was passed in 2004.
Such discrepancies may not be unique to El Paso County. Douglas County officials said the state’s been off about $200,000 a year since a 1 percent capital improvement tax was passed there in 1996.
