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Referendum adopted by voters in 1988 (reauthorized 2X)

Scientific & Cultural Facilities District. Referendum adopted by voters in 1988 (reauthorized 2X) Regional support for arts, culture & science (RTD/stadium) 7 metro counties participate Three Tiers differentiated by: Community stature and impact Qualifying criteria

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Referendum adopted by voters in 1988 (reauthorized 2X)

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  1. Scientific & Cultural Facilities District • Referendum adopted by voters in 1988 (reauthorized 2X) • Regional support for arts, culture & science (RTD/stadium) • 7 metro counties participate • Three Tiers differentiated by: • Community stature and impact • Qualifying criteria • Percentage of collected funds that each tier receives

  2. Features of the District • 0.1 % Sales and Use Tax (penny on $10) • .75% of tax revenue for administration • 99.25% distributed to organizations • Local control (regional & county/board & councils) • Designed to be replicated • 95% for general operating support • Funds may not be used for capital construction

  3. Current Distribution 2008 Distribution= $41.9 million$591,000,000 over 20 years • National/Regional:Tier I (65.5% = $27.7 million) 5 organizations/institutions—Zoo, DMNS, DAM, DBG, DCPA Statute dictates each organization’s share of the tier $. • Regional:Tier II (21% = $8.8 million)27 organizations Threshold annual operating income to get into tier, then formula weights equally AOI and audited paid attendance for share of tier $. • Local:Tier III (13.5% = $5.7 million)~280 local, community-based organizations Funding through local county cultural council based on competitive grant process

  4. SCFD Reflects Public Policies • Cultural institutions are significant regional asset and require public investment • Local control of tax dollars (accountability, transparency & benefit) • Collaboration and compromise necessary for initial and continued success • Voter support is a must; sunset provisions

  5. Only Voters Can Change • Amount of tax (e.g. 1¢ per $10 sales and use tax) • Percentage of revenue allocated to each of the three Tiers up to $38 million • Allocation formula for funds above $38 million • Sunset date

  6. Economic Impact: CBCA Survey Based on 2007 Data • $1.7 billion in economic activity; a 9:1 return on investment • 16.4 million people visited cultural facilities • 9.4 million free; 2.2 million reduced rate visits • $1 in cultural spending generated $1.33 for other businesses • 8,130 people employed and $120 million in wages • 39,600 volunteers contributed over 1.5 million hours • 1 million people (adults and children) enrolled in classes • SCFD distributed $42.4 million to recipient organizations • Cultural organizations made 3.47 million student contacts

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