Returns Indicate Memorial Levy Ordinance Repealed


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number 1854 that requires city council to levy a tax to pay for any operating deficit of memorial health system be repealed?"

Late Tuesday night, results showed voters indeed wanted that ordinance repealed 60% to 36%.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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  • by Gary Location: COS on Nov 2, 2011 at 03:24 PM
    Lisa, while you enjoy levying tax (or fees as you like to call it) on the city of Colorado Springs. It is time that you and your cronies move back out of Colorado, we were much better off with out you and your totalitarian ideas forced upon the good people of Colorado Springs.
  • by Lisa Czelatdko Location: City of Cos Councilmember on Nov 2, 2011 at 05:24 AM
    How is repealing this tax a step reward new ownership? Memorial will never be let out from PERA. So unless the community is willing to sell the hospital the City will still own it while leasing. This was a tax never implemented. To put this tax on the ballot cost city tax payers $111,000 dollars which could have been used for countless other much needed services. I don't believe in bailouts but this was the only safeguard the City had to protect this valuable asset if something was to happen. No one wanted to pay for stormwater and look at the mess the City is in. It was not the time to put this on the ballot now during these hard financial times. This community has to start looking at the bigger picture and investing in itself. I voted no!
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