# C.R.S. § 32-18-106: 32-18-106. Financial powers

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-106

## Section

- **Citation:** C.R.S. § 32-18-106
- **Heading:** 32-18-106. Financial powers
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 32 / Article 18 / Section 32-18-106

## Text

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.

## Nearby sections

- [C.R.S. § 32-18-101 32-18-101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-101.md)
- [C.R.S. § 32-18-102 32-18-102. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-102.md)
- [C.R.S. § 32-18-103 32-18-103. Creation](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-103.md)
- [C.R.S. § 32-18-104 32-18-104. Board of directors - appointment - removal](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-104.md)
- [C.R.S. § 32-18-105 32-18-105. Board of directors - powers and duties](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-105.md)
- [C.R.S. § 32-18-106 32-18-106. Financial powers](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-106.md)
- [C.R.S. § 32-18-107 32-18-107. Sales tax - collection - administration](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-107.md)
- [C.R.S. § 32-18-108 32-18-108. Use of revenue](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-108.md)
- [C.R.S. § 32-18-109 32-18-109. Wildfire mitigation measures - private land - reimbursement](https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-109.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T32_A18_S32-18-106. Check the current official text before relying on it. Not legal advice.