LID board meets incoming NBA President
February 12, 2020
The Niwot LID advisory committee held its monthly meeting on Feb. 4
Bruce Rabeler led off with a report on current LID finances. The district collected $16,854 in sales tax revenue in November 2019, bringing the total for that year to $183,108, an 8.4 percent increase over the same period in 2018. The rise was most notable in the retail sector, which jumped 44%, to $8,070.
On the expense side, the LID has approved $65,024.61 in funding requests so far in 2020, leaving just under $84,288.39 of its $149,313 budget. Rabeler estimated that additional 2020 funding requests...