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Thirty-six hours after Colorado voters rejected his marquee property tax relief ballot proposal, Gov. Jared Polis on Thursday called the state legislature back for a special session to come up with a replacement plan to deal with tax hikes that are just months away.
(The Center Square) – Colorado households will lose an estimated average of $1,406 in the coming year from increases in property taxes and its related effects on the state economy,
Since city leaders are incapable of saving extra tax money from all the newly built residences, let's insist on new building permit fees to include the additional cost of more rec centers and libraries up front. That way, growth pays the true economic cost of these expected amenities, politicians can't squander funds for their self-serving projects, and long-term residents don't have to keep picking up the bill for people that don't live here yet. Let's force growth to pay for itself.
A statewide ballot issue asking voters to decide on a property tax reduction proposal appears to be failing by a wide margin.
An at-a-glance look at Proposition HH for the millions of Coloradans who have not yet voted on it.