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Adams 12 asks taxpayers for $39.42M more in November vote
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Fox31, Approved, Local

Adams 12 asks taxpayers for $39.42M more in November vote

By Heather Willard | Fox 31 DENVER (KDVR) — The Adams 12 Five Star Schools Board of Education unanimously approved the placement of a $39.42 million mill levy override on the November ballot at the board’s Wednesday night meeting. “We know the state’s not going to have a lot of money to help us out for next year,” Superintendent Chris Gdowski said in the district’s announcement of the placement. “So if we don’t help ourselves here in Adams 12, next year will be another difficult year when it comes to cuts.” The mill levy override will help pay for ongoing operating expenses, such as additional staffing and academic programming for students; salaries for teachers and support staff; and investments in safety and security personnel. The district also noted that it ranks nearl...
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Colorado Legislature Opens Special Session With Taxes and Spending Bills
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State, Approved, The Denver Gazette

Colorado Legislature Opens Special Session With Taxes and Spending Bills

By Marianne Goodland | The Denver Gazette Colorado legislators began to advance proposals dealing with an $800 million budget shortfall on Thursday, just hours after the legislature officially re-convened to deal with the revenue shortfall.  They started with a hearing on Senate Bill 1, which adds a requirement to the existing state law that outlines the governor's authority to make spending reductions in case of a significant drop in revenue. Under SB 1, Gov. Jared Polis would be required to develop a plan and present it to the Joint Budget Committee before it goes into effect. Lawmakers and the Polis administration have indicated that budget cuts should be put into place by Sept. 1 in order to spread out any reductions over 10 months, instead of waiting until next Februa...
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As seniors try to downsize, Colorado’s housing market shuts them out
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The Colorado Sun, State

As seniors try to downsize, Colorado’s housing market shuts them out

By Brian Eason | Colorado Sun Most older residents want to age in place. But experts say Colorado’s housing stock wasn’t built with their needs in mind. Pat Malone moved to Arvada with her husband in the early 2010s for a more affordable retirement than they could have found in California. “Or so we thought,” she said wryly. The empty-nesters rented at first, then bought a single-family home. When the stairs became more daunting for her husband, it took them a long time to find what they needed. A single-floor condominium, with no stairs and no garden to maintain is a unicorn in Colorado. “We couldn’t find anything like that when we were (first) looking for a property,” said Malone, 76. “We really had no choice but to buy a house.” Seniors like Malone make up Colo...
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Federal funds to assist Coloradans in online filing of state, federal tax returns
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The Center Square, Approved, State

Federal funds to assist Coloradans in online filing of state, federal tax returns

By Joe Mueller | The Center Square Federal tax money is returning to Colorado via free online tax filing for state and federal returns, which could help low-income taxpayers obtain more credits. Taxpayer money from the $500 billion Inflation Reduction Act will pay for Coloradans to electronically file their state and federal returns for tax year 2025 in 2026 through a program called Direct File. The Colorado Department of Revenue currently offers a free electronic service to file state tax returns. However, the Democratic Gov. Jared Polis and the Department of Revenue contend Direct file will save Coloradans millions in filing fees, hours of time and help taxpayers get information on possible additional tax credits. READ THE FULL STORY THE CENTER SQUARE
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Colorado avoided big funding cuts for schools. But relief for districts could be short-lived.
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Approved, State, The Colorado Sun

Colorado avoided big funding cuts for schools. But relief for districts could be short-lived.

By Erica Breunlin | Colorado Sun Colorado lawmakers averted the potential for serious funding cuts for schools after passing a set of modest property tax cuts during the special legislative session in August. But the relief for school districts could be short-lived. A tight state budget forecast and competing funding priorities are stoking fears that Colorado elected leaders could drop their pledge to begin ramping up funding for schools next year. A new funding formula — signed into law in May after three decades of little change to the way Colorado distributes money to schools — was celebrated by a bipartisan group of lawmakers as a landmark accomplishment of the 2024 legislative session. The new approach added to momentum for school finance after Gov. Jared Polis and legislator...
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