Frisco short-term excise tax approved on 2nd reading
Frisco Town Council approved the ordinance for an excise tax on short-term rentals on second reading Tuesday, Jan. 25. The question on the tax will be on the ballot for the April 5 election.
The ballot language is as follows:
“Whether, commencing June 1, 2022, the Town of Frisco should impose an excise tax of five percent (5%) on the short-term rental of accommodation units as a new tax pursuant to Article X, Section 20 of the Colorado Constitution?”
If passed, the current 10.725% in taxes applied to short-term rentals would increase to 15.725%.
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