COLORADO SPRINGS, Colo. (KKTV) -Colorado Springs residents could begin paying a new sales tax in 2027 to help fund Front Range passenger rail, though service may not reach the city until 2032.
Issue 7A would create a 0.333% sales and use tax, or about 33 cents per $100 spent on taxable purchases. The tax would not apply to groceries, gasoline or prescription medications.
The measure is expected to generate about $295 million annually across the rail district and would authorize up to $580 million in borrowing, with $785 million in total repayment costs…