Tag Archives: TABOR

MOCO 2017 Budget Down $6 Million

budget-cuts-300The Moffat County Commissioners approved the preliminary budget for 2017 at their weekly meeting yesterday. The County will have nearly $6 Million less to spend in 2017 than in 2016, partially due to falling property values in the county. Since 2011, property values in Moffat County have fallen by nearly $80 million, resulting in an 18% drop in property taxes collected over that time period. The falling property taxes and Continue reading

Moffat County Wants To Keep Property Taxes

moffat-county-commissionersMoffat County voters will decide this election on whether or not to allow the county to keep all revenue collected from property taxes beginning next year.  In 1996, voters approved a measure, which the Commissioners believed would allow the county to collect, keep and spend all revenues collected from taxes.  The vote Continue reading

Commissioners Look To Retain Property Tax

moffat-county-commissionersWith the expectation that property values could increase across Moffat County in the future the Moffat County Commissioners voted yesterday at their weekly meeting to approve a proposal for the 2016 ballot that would allow the county to retain all revenue collected from property taxes beginning next year. In 1996, voters in Moffat County approved a measure that allowed the county to collect, keep and spend all revenues Continue reading

Marijuana Group Endorses BB

MARIJUANA-300The Marijuana Industry Group (MIG) has announced that it is endorsing Proposition BB, the statewide measure to allow Colorado to keep and spend marijuana tax dollars. The issue is back on the ballot because Colorado exceeded a previous state tax revenue projection. Due to TABOR, the Taxpayers Bill of Rights, the matter Continue reading

Supreme Court Looking at Colorado TABOR Laws

US SUPREME COURTThe U.S. Supreme Court is ordering a lower court to take another look at a Colorado challenge to the Taxpayers’ Bill of Rights. Some state lawmakers are challenging TABOR, saying it violates the division of powers. The plaintiffs say that the job of levying taxes is up to the legislative branch, and that requiring a public vote prevents Continue reading

Colorado Residents May Get Refunds Early

DOLLAR-SIGN-#3Colorado lawmakers may have to refund money to taxpayers sooner than they initially expected. Refunds are a sign of a growing economy. But it also means lawmakers will be restricted in how much money they’ll be able to keep and spend under Colorado’s Taxpayer’s Bill of Rights, also known as TABOR. State economists giving Continue reading