Aspen $100 million water treatment facility revenue bonds
Aspen · November 3, 2026
The question on your ballot
WITHOUT INCREASING ANY TAXES, SHALL THE CITY OF ASPEN DEBT BE INCREASED BY AN AMOUNT NOT TO EXCEED $100,000,000, WITH A TOTAL REPAYMENT COST NOT TO EXCEED $255,000,000, FOR THE PURPOSE OF FINANCING THE EXPANSION, RENOVATION, IMPROVEMENT, REMODELING AND EQUIPPING OF ITS WATER TREATMENT FACILITY; SUCH DEBT TO BE ISSUED IN THE FORM OF REVENUE BONDS OR OTHER MULTIPLE FISCAL YEAR FINANCIAL OBLIGATION, WITH SUCH TERMS, AND BEARING INTEREST AT SUCH RATES AS MAY BE APPROVED BY CITY COUNCIL, PAYABLE SOLELY FROM THE WATER ACTIVITY ENTERPRISE REVENUE, AND TO COLLECT, RETAIN AND SPEND ALL REVENUE AND INTEREST FROM THESE FINANCIAL OBLIGATIONS AS A VOTER-APPROVED REVENUE CHANGE TO LIMITS UNDER COLORADO LAW, OR ANY OTHER LAW?
In plain language
A VoterDecoder summary of the official measure text.
Aspen Ballot Issue 2A would let the city borrow up to $100,000,000, with a total repayment cost of up to $255,000,000, to expand, renovate and equip its water treatment facility. The debt would be revenue bonds or similar obligations paid only from water enterprise revenue, and the question says it would not raise any taxes. A YES vote approves the borrowing. A NO vote means the city does not take on this debt.
Official explanation
FINANCIAL IMPACT STATEMENT
TOTAL CITY FISCAL YEAR SPENDING* OVERALL PERCENTAGE CHANGE FROM 2022 TO 2026: 29.2% OVERALL DOLLAR CHANGE FROM 2022 TO 2026: $34,709,000 *FISCAL YEAR SPENDING UNDER TABOR DOES NOT INCLUDE ENTERPRISE REVENUE. IF SUCCESSFUL, THESE BONDS WILL BE PAID FROM ENTERPRISE REVENUE, WHICH FISCAL YEAR SPENDING INFORMATION IS NOT INCLUDED IN THE ABOVE. INFORMATION ON CITY’S PROPOSED DEBT: BALLOT ISSUE NO. 2A: PRINCIPAL AMOUNT OF PROPOSED BONDS: NOT TO EXCEED $100,000,000 MAXIMUM ANNUAL CITY REPAYMENT COST: NOT TO EXCEED $6,800,000 TOTAL CITY REPAYMENT COST: NOT TO EXCEED $255,000,000 INFORMATION ON CITY’S CURRENT DEBT 1 PRINCIPAL AMOUNT OUTSTANDING DEBT: $4,545,000 MAXIMUM ANNUAL REPAYMENT COST: $839,212 REMAINING TOTAL REPAYMENT COST: $5,021,925 1EXCLUDED FROM DEBT ARE ENTERPRISE AND ANNUAL APPROPRIATION OBLIGATIONS. FISCAL YEAR 2026 (estimated) $ 153,754,000 2025 (actual) $ 172,934,000 2024 (actual) $ 155,133,000 2023 (actual) $ 142,062,000 2022 (actual) $ 119,045,000
Official ballot arguments
No official arguments were filed for or against this measure.
What supporters and opponents say — outside sources (not official ballot arguments)
Statements by campaigns, officials and news coverage, quoted with attribution and linked to the original. VoterDecoder did not write them and does not endorse either side.
Supporters say
No public statements in favor were found.
Opponents say
No public statements against were found.