To: Board of County Commissioners
Through: Michelle Halstead, Director, Commissioners’ Office
Prepared By:
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Daniela Villarreal, Management Analyst I, Commissioners’ Office
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Presenting:
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Deborah Jordy, Executive Director; Jake Zambrano, Board member representing Arapahoe County; Tim Murphy, Program Officer.
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Subject:
title
1:00 PM *Scientific Cultural and Facilities District (SCFD) Funding in Arapahoe County
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Purpose and Request:
recommended action
The purpose of this presentation is to provide the Board of County Commissioners an update on SCFD funding in Arapahoe County, which is done regularly by the District.
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Background and Discussion:. The Scientific Cultural and Facilities District (SCFD) is a seven-county tax district created within Colorado law, approved by Colorado’s General Assembly and renewed by voters multiple times over more than 30 years. SCFD distributes funds from a 1/10 of 1% sales and use tax to qualified cultural organizations throughout the Denver metro area in three ways: First, the largest cultural organizations receive specific amounts determined by a funding formula set out in state statute (Tier I). Regional organizations like the City of Aurora Cultural Services Division and Wings Over the Rockies, qualify for formula funding (Tier II) by reaching certain budget and attendance thresholds. Finally, counties that participate in the SCFD each receive a share of the tax collected (Tier III) and make decisions about how the tax is spent through County Cultural Councils.
Alternatives: N/A
Fiscal Impact: None.
Alignment with Strategic Plan:
☐Be fiscally sustainable
☐Provide essential and mandated service
☒Be community focused
Concurrence: N/A
Resolution: N/A