Public Improvement Fee (PIF) General Information
The Public Improvement Fee (PIF) collected at Glenwood Meadow's is used to finance certain public improvements around it, including public roads, traffic and safety controls, water and sewer systems, storm water drainage systems, debris flow management systems, and landscaping.
The City of Glenwood Springs ("City"), acting as PIF Collecting Agent, is collecting the PIF on behalf of Glenwood Meadows Metropolitan District Nos. 1 and 3 (together, "Districts"), which constructed and financed these improvements. The PIF is 1.5% on sales transactions for goods and services at Glenwood Meadows.
The PIF is specifically a fee and NOT a tax: therefore, it becomes a part of
the overall cost of the sale/service and is subject to sales tax.
Sales are subject to the PIF, regardless off whether such items are exempt from sales tax imposed by the State Of Colorado, Garfield County, the Rural Transit Authority (RTA) or the City.
There are types of transactions that are exempt from the PIF:
Sales (of goods and services) to purchasers whose transactions are exempt from City sales tax, namely authorized charitable and governmental organizations, and