Tag: Property Tax
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Colorado lawmakers, groups welcome Gov. Jared Polis’ call for special session on property tax
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Lawmakers and business groups welcomed the governor’s decision to convene a special session in order to pass a compromise that offers more property tax relief in exchange for pulling from the ballot two ballot initiatives that seek deeper cuts than what the Colorado General Assembly…
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Gov. Jared Polis confirms deal, lawmakers will convene special session to tackle property taxes
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Gov. Jared Polis confirmed that a deal has been reached and he will convene the Colorado General Assembly in a special session in a few days to tackle the compromise aimed at pulling two initiatives from the November ballot and providing more property tax relief…
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Sources: Colorado lawmakers told to prepare for special session on property taxes
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Lawmakers have been told to prepare for a special session this month, presumably to tackle a compromise, under which Colorado residents and businesses would get more tax relief and halt two initiatives that would significantly decrease local governments’ revenue. Sources said the governor will issue…
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Student leaders, Denver chamber rally to support legislative compromise
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Two more groups have added their names to the growing list of entities supporting a legislative compromise to provide more tax relief to Coloradans and end a pair of property tax propositions on pace to appear on the November ballot. One of the groups cited…
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Colorado lawmakers briefed on framework for potential property tax compromise
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado lawmakers on Monday began to digest the framework for a potential compromise that could lead to deeper property tax relief and halt two initiatives that, if approved, would significantly decrease local governments’ revenue. The threat of significantly more tax cuts than what lawmakers enacted…
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Bipartisan coalition supports looming special session on property tax reform
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Just hours before a special commission on property tax convenes today, a bipartisan coalition has submitted a letter that raises concerns about the potential impact of Advance Colorado’s Initiatives 50 and 108 on the state’s financial health. More than 40 state and local organizations signed…
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Panel of Colorado lawmakers schedule meeting amid talk of property tax compromise, special session
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A panel of Colorado lawmakers tasked with crafting long-term property tax policy is meeting on Monday, potentially laying down the groundwork for a special session amid speculation that parties are negotiating a potential compromise that would pull two initiatives from the November ballot in exchange for…
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Teachers union, special districts argue against potential compromise on property tax ballot measures
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Critics of two ballot measures aimed at reducing Coloradans’ property obligations further than what lawmakers enacted this year have begun to pressure policymakers against negotiating with the initiatives’ proponents and reaching a compromise. Colorado’s biggest teachers union and an association representing special taxing districts…
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Ever wonder how Denver officials pay for spending priorities? Here’s where the money comes from
Facebook Twitter WhatsApp SMS Email Print Copy article link Save While sales and use taxes, along with property taxes, account for a majority of Denver’s general fund revenue, the city collects other sources of funds from residents and visitors that make up the pool of money that pays for government operations. These sources don’t yet…
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Colorado Supreme Court rules commercial property owners not entitled to 2020 tax relief due to pandemic
Facebook Twitter WhatsApp SMS Email Print Copy article link Save In four separate cases encompassing hundreds of commercial property owners, the Colorado Supreme Court on Tuesday ruled the COVID-19 pandemic and accompanying public health restrictions on businesses did not entitle the owners to a lower property tax bill for 2020. Eleven lawsuits across Colorado challenged…