HIGHWAY USERS TAX REVENUE

Source: Gasoline tax and related fees paid by Colorado motorists

Collection: The Highway Users Tax Fund (HUTF) is state-collected, locally-shared revenue that is distributed via a monthly electronic funds transfer to the Town of Parker in accordance with the following formulas:

• Basic Fund - 9% of the first seven cents of gasoline taxes and the base amount of various motor vehicle registration, title and license fees are distributed to municipalities. Basic fund monies may be spent on acquisition of rights-of-way for, and the construction, engineering, safety, reconstruction, improvement, repair, maintenance and administration of streets, roads and highways.

• Supplemental Fund - 8% of the next eleven cents of gasoline taxes are distributed to municipalities and may be spent only on road improvements including new construction, safety improvements, maintenance and capital improvements.

• 1989 Increase Fund - 18% of the gasoline tax, registration fee and driver’s license fee increases enacted in 1989 are shared with municipalities and can be used for the same purposes as the supplemental fund.

• 1995 Increase Fund - 18% from a three-year phased reduction of the amount previously withheld by the state for administrative purposes are to be used for the same purposes as the supplemental fund.

Trend:

• Parker’s proportionate share of the revenue is impacted by the relationship of its growth with that of the remainder of the state.

• The decline in the 2020 revenue reflects reduced driving habits of citizens during the COVID-19 pandemic, which have since returned to normal.