Tag: state property tax initiative
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Colorado to vote on property tax cap ballot initiative in 2024
Voters in Colorado will decide on a citizen-initiated ballot measure on Nov. 5, 2024, that would cap state property tax revenue at 4% over the total revenue collected in the preceding year. The initiative would require statewide voter approval to allow local governments to retain property tax revenue exceeding the 4% growth limit. Any measures…
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Colorado initiative to limit state property tax revenue could be on 2024 ballot
Colorado voters may decide in 2024 on an initiative that would cap state property tax revenue at 4% over the total revenue collected in the preceding year. The initiative would require statewide voter approval to allow local governments to retain property tax revenue exceeding the 4% growth limit. The initiative was sponsored by Advance Colorado…