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Tag: Ballot Measure 2026

Framed as education, but tied to TABOR: Measure to keep surplus revenue advances
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Rocky Mountain Voice, State, Top Stories

Framed as education, but tied to TABOR: Measure to keep surplus revenue advances

By Shaina Cole | Contributing Writer, Rocky Mountain Voice Colorado’s fight over spending limits is back at the Capitol, and this time it could end up in front of voters. The Senate Finance Committee voted 6–3 on March 12 to advance SB26-135, teeing up a 2026 vote on whether the state can keep revenue above the TABOR cap instead of sending it back as refunds. It comes down to a basic question: should that extra revenue go back to taxpayers, or stay with the state? What follows is less straightforward. How the bill works The proposal does not rewrite TABOR itself. Instead, it puts that decision to voters—whether to allow the state to keep and spend money that would otherwise be refunded. If voters sign off, the state could retain revenue above the cap, up to an amount ...
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Colorado Senate Panel Advances Bill To Redirect TABOR Refunds
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Complete Colorado, Approved, State

Colorado Senate Panel Advances Bill To Redirect TABOR Refunds

By: Savana Kascak | Complete Colorado DENVER–Couched as a state education funding effort, legislation to siphon off overcollected revenue that would otherwise be refunded to Colorado taxpayers passed out of a Democrat-controlled Senate committee on Thursday. Senate Bill 26-135, “State Public K-12 Education Funding,” refers a question to Colorado’s November ballot to increase K-12 education funding by 2% annually for the next ten years. According to the bill, the money is intended to go towards teacher pay increases and retention, lowering class sizes, and technical career programs. Along with raising education appropriations, the bill allows the state to keep and spend excess revenue collected above the limitations in the Colorado Taxpayer’s Bill of Rights (TABOR). ...
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Critics Warn Democrat Plan Would Eliminate TABOR Refunds For A Decade
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Colorado Politics, Approved, State

Critics Warn Democrat Plan Would Eliminate TABOR Refunds For A Decade

By Marianne Goodland | Colorado Politics Colorado voters could decide this fall whether billions of dollars that would otherwise be returned as refunds under the Taxpayer’s Bill of Rights should instead go to public schools under a ballot measure unveiled Thursday by Democrats. Supporters say the proposal would address chronic underfunding in K-12 education, while critics argue it takes money away from taxpayers and amounts to sidestepping the state’s constitutional spending limits. Supporters have insisted that schools are underfunded to the tune of billions of dollars, while one study says revenue and spending by schools have significantly grown in the last few years, with a noticeable shift toward non-instructional spending. Under the proposed ballot measure, the am...
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