KKTV 11 News | Colorado Springs, Pueblo | News

Returns Indicate Memorial Levy Ordinance Repealed

By: KKTV
By: KKTV

Voters in Colorado Springs agreed to take taxpayers off the hook for Memorial Hospital debt problems.

Question 2B asked "Shall ordinance number 1854 that requires city council to levy a tax to pay for any operating deficit of memorial health system be repealed?"

Late Tuesday night, results showed voters indeed wanted that ordinance repealed 60% to 36%.

Tax payers haven't had to foot the bill in decades, but memorial recently lost $32 million. The loss was covered by reserve funds.

Repealing the ordinance is also seen as a step toward a new ownership model of Memorial Health Systems.


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