The City of Littleton is facing a serious revenue shortage due to rising infrastructure maintenance and repair costs, steadily increasing capital expenditure needs, historically low taxes, and a lack of revenue diversity.
Because the city’s revenue – mostly from sales tax – has not increased in more than 50 years, there is not enough funding to address increasing demands on street maintenance and improvements, purchase new police equipment, improve high-volume intersections, and update and maintain public buildings. Over time, the city has deferred capital improvement projects – which become more expensive the longer they are delayed.
To inform Littleton residents about the details of this growing predicament, this city is providing answers to common questions about the city’s financial problem and a fact sheet. For questions not answered on the FAQ page, send an email to FundingFix@littletongov.org. We will do our best to answer it promptly.