The measure would limit the increase in Colorado property owners’ taxes, but it would also have big effects on state and local budgets and reduce Taxpayer’s Bill of Rights refunds over time
Far from being nearly tax neutral, the measure has a price tag that will weigh heaviest on renters, immigrants, and minorities.
Cartoonist Jim Morrissey conjures the image of Colorado’s massive property tax increases pricing homeowners out of Colorado (and planet Earth).
It would ease the tax burden and address needed zoning changes in combination, while respecting the sanctity of local control.
Ahead of the 2022 election, Jared Polis and Democrats in the legislature sped up TABOR refund checks and made them flat. This year, they’re reverting to a default system.
Gov. Jared Polis and Democrats, who control the Capitol, say they are committed to coming up with a long-term fix this year. But with the 2023 legislative session more than halfway over and no public proposal, fiscal policy nonprofits are filling the vacuum.
The money will help homeowners pay their mortgages, homeowner association fees or liens, utilities, delinquent property taxes and homeowner’s insurance
The legislature passed a bill in 2021 allowing Coloradans to defer payment on any increase in their property tax bill over 4% by making it a lien against their home
Colorado’s property tax arms race ended Friday morning after conservative and liberal groups moved to withdraw the ballot measures they were pursuing for the November ballot that would have dramatically altered the tax code. Democratic leaders in the legislature, meanwhile, vowed not to pursue an opposing ballot initiative that would have prevented property tax changes […]
A property tax arms race involving some of the state’s most powerful people is unfolding behind the scenes at the Colorado Capitol in the final days of the 2022 lawmaking term, jeopardizing a fragile deal unveiled this week. The deal, backed by the governor and negotiated over several weeks, would reduce projected property tax increases […]