Rocky Mountain Voice

Tag: Enterprise Funds

Colorado Lawmakers Lean on Fees to Sidestep TABOR Tax Limits
Colorado Politics, Approved, State

Colorado Lawmakers Lean on Fees to Sidestep TABOR Tax Limits

By: Marissa Ventrelli | Colorado Politics More than 30 years after Colorado voters approved the Taxpayer’s Bill of Rights, a growing share of state spending now falls outside the voter-approved limits intended to restrain government growth. A new report shows that fee-funded “enterprises” — state-owned businesses exempt from TABOR’s revenue cap — have expanded dramatically, raising worries that lawmakers are increasingly relying on fees, rather than taxes, to fund government programs. At its core, TABOR limits the government’s ability to raise revenue. Political subdivisions must obtain voter approval for any tax increase, and it requires dollars above the TABOR limit to be refunded to residents. Numerous efforts have been made to repeal TABOR since its enactment. As r...
They built the budget bomb: Now Colorado Democrats say President Trump lit the fuse
Rocky Mountain Voice, Approved, Commentary, State, Top Stories

They built the budget bomb: Now Colorado Democrats say President Trump lit the fuse

By Rocky Mountain Voice Editorial Board They built the budget bomb. Now they say Trump lit the fuse. Colorado Democrats want you to believe they’re victims of the Big Bad Federal Budget Bill. That the state’s $1.2 billion shortfall just... happened. Like a pothole after a snowstorm. Nothing to do with how they’ve governed. Governor Polis says, "The Trump Administration is withholding needed funds from our classrooms," and Senate President James Coleman warns, "There’s no avoiding the fact that these cuts will hurt Colorado families." Convenient. But here’s the part they don’t mention: Colorado’s fee-based revenue—the stealth tax that doesn’t require a vote—blew through the roof to $25.8 billion last year.  That’s right. More than half of the entire state budget now come...