The bill would temporarily lower property tax rates and allow some homeowners to delay part of their property tax payments but it's also designed to partially cancel out voters' chance to cut property taxes by a larger amount this November.
Institutions will still have to raise tuition
Higher education leaders have praised lawmakers for helping to restore the budget, but in some cases, it still isn’t enough. While scholarship funds have increased, some students will still have to pay higher tuition.
Public universities are permitted to raise tuition by three percent for the next school year. The University of Colorado system voted to take advantage of that allowance, but used federal stimulus dollars to temporarily keep rates flat for a year. Others, like the Colorado Community College System, voted to keep tuition flat despite a decrease in enrollment. Several boards have yet to vote on next year’s tuition.