Rocky Mountain Voice

Menu

Tag: State Budget

Property taxes up, TABOR refunds nearly gone: El Paso County data reveals the real cost of Colorado’s tax system
No Comments
Rocky Mountain Voice, State, Top Stories

Property taxes up, TABOR refunds nearly gone: El Paso County data reveals the real cost of Colorado’s tax system

By Shaina Cole | Contributing Writer, Rocky Mountain Voice The first-half property tax payment is due every year by the end of February. The number on the front has gone up again. Somewhere near the bottom, a small credit appears: "TABOR credit."  El Paso County Assessor Mark Flutcher provided RMV with six years of certified tax data for two El Paso County properties: one in downtown Colorado Springs, one in Lorson Ranch, a newer subdivision south of the city.  The numbers show what has happened to Colorado homeowners.  The property tax bill for the downtown home rose from $1,165.61 in 2022 to $1,472.82 in 2025. The Lorson Ranch bill went from $3,369.39 to $4,933.31 over the same period.  The TABOR credit on both statements, which peaked a...
Read More
Colorado protected school funding without touching TABOR refunds. Now it wants those too.
No Comments
Rocky Mountain Voice, State, Top Stories

Colorado protected school funding without touching TABOR refunds. Now it wants those too.

By Shaina Cole | Contributing Writer, Rocky Mountain Voice Last session, the Colorado General Assembly passed a bill asking voters to waive their TABOR refunds to fund education.  The ballot title calls it "without raising taxes." No rates change.  But it asks Coloradans to let the state keep money the constitution currently requires it to give back, and it comes one year after the legislature moved more than $200 million into a protected school account without touching anyone's refund at all. The two moves address the same problem. They work very differently. What the legislature did first In 2025, tucked inside HB25-1320, the School Finance Act, a Senate Appropriations Committee amendment drafted by Sen. Kolker (D) and Sen. Kirkmeyer (R), created something...
Read More
Colorado tax data complicates the “fair share” argument
No Comments
Colorado Accountability Project, Approved, Commentary, State

Colorado tax data complicates the “fair share” argument

By Cory Gaines | Commentary, Colorado Accountability Project High Income Coloradans pay an outsized share of income taxes As a follow-up to an earlier newsletter on Colorado’s income tax distribution (the graph headlining this post is from that newsletter), I did a summary op ed for Complete Colorado. That op ed delves into why a progressive income tax in this state would be foolhardy policy. More, including a link to my earlier newsletter with more context and detail, in the link below. https://completecolorado.com/2026/05/21/high-income-coloradans-outsized-share-income-taxes/ A different take on easing the tax burden for low income earners In the first post today, I shared an op ed I wrote which outlines why a progressive income tax (making t...
Read More
Colorado Road Funding Initiative Nears November Ballot After 180,000 Signatures Submitted
No Comments
The Gazette, Approved, State

Colorado Road Funding Initiative Nears November Ballot After 180,000 Signatures Submitted

By Marissa Ventrelli | The Gazette Organizers of a proposal seeking to dedicate hundreds of millions of dollars to road construction and maintenance have submitted signatures to state election officials in their campaign to put the initiative on the ballot this November. If officials certified the signatures as sufficiently meeting the threshold — organizers need 124,000 to be valid — the battle shifts to persuading voters to embrace or reject the ballot question. The measure, Initiative No. 175, would require that all transportation-related revenue be used exclusively for building and repairing roads and bridges, improving safety, conducting transportation planning and engineering, and supporting Colorado State Patrol operations. The battle over road funding ha...
Read More
School Funding Concerns Grow As Douglas County Faces $22 Million Deficit
No Comments
The Denver Gazette, Approved, Local

School Funding Concerns Grow As Douglas County Faces $22 Million Deficit

By Nicholas Fogleman | The Denver Gazette The Douglas County School Board on Tuesday previewed its proposed 2026–27 budget amid declining enrollment and a projected $22 million deficit. District officials said the shortfall will be partially covered by a one-time drawdown of the district’s general fund, bringing the balance in line with pre-COVID levels. However, leaders warned the approach is temporary and will require more permanent solutions in the following year. “Without a structural change to how we fund schools in this state, there is at least a substantial risk that next year’s budget would not just be lower but substantially so,” board member Brad Geiger said. “Any substantial decrease in our budget means decreasing employees.” The proposed $901 ...
Read More
Colorado Lawmakers Close 2026 Session With Greater Government Control And Higher Fiscal Risk
No Comments
Complete Colorado, Approved, State

Colorado Lawmakers Close 2026 Session With Greater Government Control And Higher Fiscal Risk

By Jake Fogleman | Complete Colorado The Colorado legislature officially adjourned May 13, after weighing more than 600 bills over the course of 120 days. Lawmakers entered the 2026 legislative session facing a set of familiar problems: another billion-dollar budget deficit, rising voter frustration over affordability, and growing concerns about Colorado’s economic competitiveness and business climate. Yet despite those warning signs, the Democrat-dominated legislature largely doubled down on the same governing philosophy that has increasingly defined the Capitol in recent years—more fees, more special interest tax benefits at the expense of other taxpayers, and more attempts to carve revenue streams out from under the Taxpayer’s Bill of Rights (TABOR). To be sure, not...
Read More
Sharp Divides Emerge in Colorado Republican Governor Debate
No Comments
DENVER7, Approved, State

Sharp Divides Emerge in Colorado Republican Governor Debate

By Óscar Contreras | Denver7 Watch key moments and the full debate between State Sen. Barbara Kirkmeyer and State Rep. Scott Bottoms. DENVER — Colorado Republican gubernatorial candidates State Sen. Barbara Kirkmeyer and State Rep. Scott Bottoms took the stage Thursday evening in their first televised debate ahead of the June 30 primaries. Victor Marx, a third contender in the GOP gubernatorial race, was invited to participate in the debate but declined Denver7's invitation. Both candidates fielded questions before a live studio audience of a few dozen people as they tried to make the case as to why it was time for Coloradans to hand power back to Republicans this November after nearly 20 years of Democratic control in the state. It was the first major televised deba...
Read More
Colorado Ballot Measure Asks Voters To Forfeit Up To $7000 Per Taxpayer In TABOR Refunds
No Comments
The Gazette, Approved, State

Colorado Ballot Measure Asks Voters To Forfeit Up To $7000 Per Taxpayer In TABOR Refunds

By Marissa Ventrelli | The Gazette A Democratic‑backed proposal to direct money to K‑12 schools using Taxpayer’s Bill of Rights dollars is headed to the ballot, setting up a major debate over taxpayer refunds and long‑term education funding. If voters approve it, the average Coloradan would forfeit more than $7,000 in TABOR refunds over the next decade. Senate Bill 135 includes a provision to increase the TABOR cap by the amount the state spends on K-12 education, which currently sits at about $4.5 billion per year. Under the proposal, any funding beyond that would be allocated to services for students with disabilities and increased contractor hours. “We have worked hard to better the quality of education in Colorado and have made great strides in m...
Read More
Polis-Backed Bill Redirects $300 Million In TABOR Refunds To Close Budget Gap
No Comments
Complete Colorado, Approved, State

Polis-Backed Bill Redirects $300 Million In TABOR Refunds To Close Budget Gap

By Nash Herman | Complete Colorado One of Governor Polis’ key requests to balance the state budget using Taxpayer’s Bill of Rights (TABOR) refunds passed out of the legislature and now awaits his signature.  House Bill 26-1419 will recoup almost $300 million in overcollected revenue that would otherwise be returned to Colorado taxpayers, if the measure can withstand legal challenges.  TABOR roulette As previously explained, from the first discussions of the governor’s TABOR refund recoupment proposal, legislative staff voiced their concerns to the Joint Budget Committee (JBC) about the measure’s legality.  While bill proponents remain adamant that the retroactive changes to tax collections caused by the passage of the federal One Big B...
Read More
New Federal Tax Credit Could Expand Colorado School Choice Options
No Comments
The Colorado Sun, Approved, Commentary, State

New Federal Tax Credit Could Expand Colorado School Choice Options

By Brenda Dickhoner | Commentary, The Colorado Sun State lawmakers made the right move to postpone legislation that would have created barriers for the program. Colorado lawmakers have been working to close a budget gap of more than $1.5 billion, and programs that students and families rely on are under pressure. At the same time, a new federal tax credit gives Colorado a chance to bring substantial philanthropic dollars into education without drawing from the state’s general fund. The Education Freedom Tax Credit allows taxpayers to receive a federal tax credit of up to $1,700 annually for charitable contributions to scholarship-granting organizations that support K-12 students. Essentially, the program encourages private giving to step in where public fun...
Read More