Breckenridge and Vail Resorts Reach Agreement to Revise Ballot Question for Long-Term Funding for Parking and Transit

25 August 2015
Revised language excludes season passes & summer
Breckenridge, CO – August 25, 2015 – At Tuesday’s Council meeting, the Breckenridge Town Council and Vail Resorts reached an agreement to revise the verbiage on the ballot question regarding long-term funding for parking and transit solutions. The agreement provides that the Town will exclude all season passes and summer lift tickets from its proposed 4.5 percent admissions tax and that Vail Resorts will guarantee that the tax, if passed, will raise at least $3.5 million per year for the Town, such annual amount to be increased each year by inflation. 

“In the spirit of compromise, the Council felt this amount would be adequate to begin to work on the much needed improvements for this vital issue for our community,” remarked Breckenridge Mayor John Warner. “The community has been telling us that parking and transit are an extremely important issue for the future of Breckenridge. Although we may not always agree, a positive relationship with the ski area is important and the Council felt this compromise still meets the community’s needs. It is still important for our citizens to remain engaged and to vote in favor of this tax in the November 3rd election.”

“Parking and transit are real issues for the Breckenridge community and we are pleased to have an agreement that provides the Town the funding required to address these needs,” said John Buhler, chief operating officer of Breckenridge Ski Resort. “We have concerns regarding any tax increase, but reaching these terms protects the greatest number of Breckenridge guests. We commend the Town Council for their engagement on this topic and their willingness to address some of our concerns. We have had a spirited dialogue on this topic and are comfortable that the community is in a position to decide whether to pass this proposal in the November election.”

The proposed tax, if passed, will begin July 1, 2016 to provide time for implementing the necessary systems to collect the tax from winter lift ticket purchasers. Vail Resorts has agreed that it will not oppose the Town’s revised tax proposal slated for the ballot for the November 3rd election.

Media Contacts:

Kim Dykstra, (970) 547-3110,
Kristen Petitt-Stewart, (970) 453-3210,

About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading global mountain resort operator. The Company’s subsidiaries operate nine world-class mountain resorts and two urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Perisher, Australia; Afton Alps in Minnesota and Mt. Brighton in Michigan. The Company owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is and consumer website is

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