<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
        {font-family:"Cambria Math";
        panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        font-size:11.0pt;
        font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:#0563C1;
        text-decoration:underline;}
span.EmailStyle17
        {mso-style-type:personal-compose;
        font-family:"Calibri",sans-serif;
        color:windowtext;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-family:"Calibri",sans-serif;}
@page WordSection1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
        {page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72" style="word-wrap:break-word">
<div class="WordSection1">
<p class="MsoNormal">Good Morning Council,<o:p></o:p></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal">Attached are two slides with preliminary staff analysis of the potential revenue implications related to a possible exemption of essential hygiene products such as diapers and menstrual products. This item will be discussed durring Matters
 from the Mayor and Members of Council tomorrow evening. <o:p></o:p></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal">Staff&#8217;s analysis at this point has been largely based on assumptions made in the fiscal analysis of
<a href="https://leg.colorado.gov/bills/hb22-1055">House Bill 22-1055</a>, and limited research and conversations with other municipalities within the state. If asked by council to add this topic to the work plan, staff will begin the work of providing a more
 in-depth analysis of potential tax implications based on Boulder&#8217;s demographics, and a more robust study of cities that have adopted or are considering adopting similar exemptions.
<o:p></o:p></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal">Kind Regards, <o:p></o:p></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">Joel Wagner<o:p></o:p></span></b></p>
<p class="MsoNormal" style="text-autospace:none"><b><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">Deputy Finance Director<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif"><img border="0" width="329" height="61" style="width:3.425in;height:.6333in" id="Picture_x0020_1" src="cid:image001.png@01D8D8A2.AC648500" alt="FINANCE_lockup_COBLogo"></span><span style="font-family:&quot;Arial&quot;,sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">O: 303-441-3871<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">C: 303-449-9326&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><a href="mailto:wagnerj@bouldercolorado.gov"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;color:blue">wagnerj@bouldercolorado.gov</span></a><u><span style="color:blue"><o:p></o:p></span></u></p>
<p class="MsoNormal" style="text-autospace:none"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">Finance Department<o:p></o:p></span></p>
<p class="MsoNormal" style="text-autospace:none"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif">1136 Alpine Ave | Boulder, CO 80304<o:p></o:p></span></p>
<p class="MsoNormal"><a href="https://gcc02.safelinks.protection.outlook.com/?url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttps-3A__gcc02.safelinks.protection.outlook.com_-3Furl-3Dhttp-253A-252F-252Fwww.bouldercolorado.gov-252F-26data-3D02-257C01-257CWagnerJ-2540bouldercolorado.gov-257C88594f0cea3b449e312e08d845f92634-257C0a7f94bb40af4edcafad2c1af27bc0f3-257C0-257C0-257C637336283666795488-26sdata-3DHhVu5e-252BmJMEYqhjGviLepCugKBfQlumxmiHH2TwRvYQ-253D-26reserved-3D0%26d%3DDwMFAg%26c%3DBWp0MFdrMtLbz0k6Y8aaUWa8FoouxHd5amRBhtn2C98%26r%3DqErR9EN6RrCn4ohC4cyPWMRYJMiA-MszoWb31gQBZbc%26m%3DZwtpyekxckUqMb90OF77XfvI7jpfLqGBjy1Hr5-i0VM%26s%3DUADHfBxUfp4DUQ6uNVvsvKhHxqmxtjjV9y1iyOEWeJE%26e%3D&amp;data=02%7C01%7CWagnerJ%40bouldercolorado.gov%7C163945e512c24355d47908d855c7609f%7C0a7f94bb40af4edcafad2c1af27bc0f3%7C0%7C0%7C637353662105258396&amp;sdata=1goSYsXLw92hV9DFe7iMrWSVp6JfWGhJYMaCi635igo%3D&amp;reserved=0"><span style="font-size:10.0pt;font-family:&quot;Arial&quot;,sans-serif;color:blue">Bouldercolorado.gov</span></a><u><span style="color:blue"><o:p></o:p></span></u></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:&quot;Arial&quot;,sans-serif;color:black"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal"><span style="font-size:8.0pt;font-family:&quot;Arial&quot;,sans-serif;color:black">CONFIDENTIALITY NOTICE: This message (including any attachments or enclosures) contains information that may be CONFIDENTIAL and is intended only for the use of the
 individual or entity named above. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please immediately
 notify us by return email and destroy any copies, electronic, paper or otherwise, which you may have of this communication.</span><span style="font-family:&quot;Arial&quot;,sans-serif;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p>&nbsp;</o:p></p>
</div>
</body>
</html>