CITY OF RUIDOSO DOWNS IMPOSING A QUALITY-OF-LIFE GROSS RECEIPTS TAX ORDINANCE: Shall the City of Ruidoso Downs adopt a Municipal Quality of Life Gross Receipts Tax Ordinance imposing an excise tax equal to one-fourth of one percent (.25%) of the gross receipts reported or required to be reported by all persons engaged in business in the City of Ruidoso Downs, with revenues from the tax to be dedicated to cultural programs and activities provided by a local government and to cultural programs, events and activities provided by contract or operating agreement with nonprofit or publicly owned cultural organizations and institutions for a period time for not more than ten years? · CITY OF RUIDOSO DOWNS
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