Belmar PIF - Welcome to Lakewood, Colorado ("Public Improvement Fee" )

Lakewood.org ^ | 2011 | Lakewood, Colorado

[dynachrome]

General Information

The Public Improvement Fee (PIF) is collected and used to finance a portion of the cost of new public improvements at Belmar. www.belmarcolorado.com Public improvements at Belmar include such things as public parking, parks, streets and sidewalks, water, sewer and storm water utilities, public spaces and public art. The City of Lakewood is collecting the PIF on behalf of the Plaza Metropolitan District No. 1 and its Trustee, US Bank.

The PIF at Belmar is 2.5% on all sales transactions, as defined in the PIF Covenant. The PIF is a fee and NOT a tax; therefore, it becomes a part of the total sales price and is subject to sales tax.

At Belmar, the combined sales tax rate of 5.6% is to be collected on the total taxable purchase price. Upon an annual review, the CIty Sales Tax rate may be subject to change. Deliveries made within the CIty of Lakewood, but outside of Belmar, are subject to the 3.0% City Sales Tax . For additional sales tax information contact the City of Lakewood at (303) 987-7683. Belmar City of Lakewood Sales/Use Tax Return- (PDF file).

Please review the Belmar PIF Brochure for more examples and detailed information. PIF Brochure -

Remitting the PIF

The PIF Schedule and payment are due by the 20th day of the month following the preceding calendar month, unless the 20th falls on a holiday or weekend. If the 20th falls on a holiday or weekend, the PIF Schedule and payment are due the next business day.

[MileHi]

I’ll have to look.

Thanks

[scottgreenlawnder]

Yes where is Belmar I can not find it either.

-Scott Greenlaw Andrews

[MaxMax]

The PIF is a fee and NOT a tax; therefore, it becomes a part of the total sales price and is subject to sales tax.

Taxing taxes now? Why don't they just send SWAT around to shake people down.

[dynachrome]

Belmar is just the name of the upscale shopping center/neighborhood within Lakewood.