Colorado § 32-18-106 - Financial powers.
Full text of Colorado Colorado Revised Statutes § 32-18-106 — Financial powers., with citation guidance and answers to common questions.
§ 32-18-106. Financial powers.
(1) In addition to the general financial powers specified in section 32-1-1101, the board has the power, for and on behalf of the district, to:
(a) Levy and collect a sales tax in accordance with section 32-18-107, subject to the requirements of section 20 of article X of the state constitution; and
(b) Pledge sales tax revenues or any portion thereof for the payment of any indebtedness of the district.
(2) The ordinance or resolution proposing the creation of a forest improvement district may specify a limit on the amount of revenue that a district may receive.
Source: L. 2007: Entire article added, p. 427, § 2, effective April 9.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 32-18-106
What does Colorado Revised Statutes § 32-18-106 cover?
Section 32-18-106 ("Financial powers.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 32-18-106?
A common citation format is "Colorado Revised Statutes § 32-18-106" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 32-18-106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.