PUEBLO, Colo. — Since 1985, sales tax in Pueblo had been funding economic development in the city creating incentives for business to choose to Pueblo over other locations.
Pueblo Economic Development Corp supports the issue.
Every five years, the voters decide whether or not to renew the half cent sales tax.
So this year, Question 2-A in Pueblo is on the ballot again. It is asking voters to extend the half-cent sales tax through Dec. 31, 2026. It was set to expire Dec. 31, 2021.
Jeff Shaw, President and CEO of PEDCO said there is proof it works.
FOX21 asked Pueblo voters what they thought.
“I voted yes because its not a new tax coming in,” said Joan Smedley, Air Force Veteran.
“I voted no because I have questions as to how that money has been spent,” said Ted Lopez, Pueblo Native. ”
“Since 1985 to tax themselves half-cent, for economic development,” said Jeff Shaw PEDCO’s CEO, “Is it effective? Absolutely.”
However, that is exactly why Steve Pineda voted no.
“It needs to be changed, it’s outdated,” Pineda said. “I am more for helping local businesses that we have.”
PEDCO’s website said this money has brought over 9,500 jobs to Pueblo, but Ted Lopez has a follow up question.
“How many of those jobs are still around?” Lopez asks.