In just four weeks, the increase to the Street Repair Utility fee will take effect for city residents. Last week, the Pueblo City Council approved an ordinance that will see the fee go from $2 to $3 for residents. Some business owners will also see a change. If a retail business has annual revenues of less than $100,000, they will pay $25 a month in Street Repair Utility fees, down from $50. If the business owner makes more than $100,000 a year, they will continue to pay $50 a month.
The rate will not change for service businesses at $10 a month, while large, industrial, and large retail businesses will pay $100 a month.
The fee change goes into effect on October 1, 2019.
Mayor Nick Gradisar proposed the change in street repair user fees as the previously adopted fee schedule would not raise enough money to make repairs voters approved in November of 2017. The change in fees is now expected to raise almost three million dollars a year.
Mayor Gradisar expects that $7 million dollars in street projects will be completed in 2020 when the new Street Enterprise fees are combined with the Highway User Tax Fees that the city receives from the state of Colorado.
For more information on the Street Repair Utility Fee, go to our web page at https://www.pueblo.us/2372/Street-Repair-Utility-Enterprise.