Find Tax Increases on the 2012 Ballot

Surprise! You're voting for more than US President this year. From a forever property tax hike in Denver to new debt for Grand County, 2012 is looking to be a banner year for tax grabbers in Colorado. We've found an astonishing FIFTY local tax or debt increase measures from all around the state...and we're still counting!

There may be a record level of local tax and debt issues facing Colorado voters this year, catching the unsuspecting taxpayer off guard. So to help we at the Independence Institute have attempted to list as many of them as we could find right here, searchable by city, county, school district and special district.

This could be a VERY costly election. We hope this helps you better prepare for the onslaught of increasing tax and debt grabs. Please let us know about any tax increases we have missed by emailing info@i2i.org.

Hold on to your wallets and enjoy.

Tax Increase News

Colorado Watchdog: Denver council member says budget cuts 'sufficient,' no tax hike needed 

"Faatz maintains that City Hall in fact hasn’t made nearly enough of a sacrifice on behalf of strapped taxpayers struggling with a sluggish economy. She said the city could restore some popular services pared back in recent years if it were willing to give up other, less pressing expenditures."

 

Denver Post columnist Vincent Carroll:  Pacing the floor over Denver's 2A

"Homeowners have no control over a hot real-estate market, but if their incomes aren't rising, too, the resulting tax bite could be painful. And yet 2A caps the growth of property tax revenues only until the city reclaims the full 6.2 mills that it intends to de-Bruce. After that, tax collections could spike, with no relief in sight and no sunset provision on the measure."

 

Glendale/Cherry Creek Chronicle:  Hancock De-Brucing Tax (2A)-No

"The voters are told Denver has a structural deficit which means even in bountiful times the city’s revenues can never meet its expenses. The obvious conclusion to the existence of a structural deficit is that Denver city government is unable to stop spending money it does not have. Why in the world would anyone want to give such a government $68 million per year more to squander?"

 

Boulder Daily CameraBoulder asks voters to extend its carbon tax

"Boulder is asking voters to approve an extension of the tax on their utility bills for another five years.  If it's not renewed, the tax will expire in March."

 

The Colorado Observer: Denver Braces for Potential Tax Hike

“Denver’s structural budget deficit is a spending problem, not a revenue problem. The city has to adapt to a new reality, just like us taxpayers,” said Mike Krause.

 

Aspen Times:  Basalt fire department seeks tax increase

Here's what it means to taxpayers: The tax rate would go from the current $39.40 per $100,000 of home value to $63.88 per $100,000 of value. So a resident of the district with a home value of $500,000 would pay $319.40 per year in property taxes to the fire district if the hike is approved Nov. 6.

 

Denver Post: Colorado schools take case to voters

"The Independence Institute, a libertarian think tank generally opposed to tax hikes and government growth, said per-pupil spending in districts asking for tax hikes has gone up, even as real income has decreased."

 

EdNews Colorado:  Concern grows over fate of DPS bond

"Denver school board President Mary Seawell on Monday said she is worried a $466 million bond issue could fail Nov. 6 as opposition to the measure becomes more organized and includes a board colleague."

 

Colorado Springs Gazette: Maketa defends choice on tax proposal

"If ballot question 1A passes, the tax increase is expected to generate approximately $16.3 million to fund urgent needs in the sheriff’s office, primarily staffing and equipment. The proposed sales tax increase is twenty-three hundredths of one cent ($0.0023) per dollar, which would add 2.3 cents to a $10 purchase or 23 cents to a $100 purchase."

 

Denver Post guest editorial:  Denver Measure 2A:  Vote no on measure that would "De-Bruce" the budget 

"For 2013, Mayor Michael Hancock has proposed a 3.9 percent increase in the General Fund, the city's operating budget, or $964 million, up from $926 million in 2012. Tax revenue for 2013 is projected to be $945 million, a 3.5 percent increase. That's right: Tax revenues are up and higher than the previous year's budget, but the city wants to spend more."

 

EdNews Colorado: Colorado districts seeking $1 billion

"At least two dozen Colorado school districts are seeking voter approval this year for a combined total of about $1 billion in bond issues and property tax increases for operating expenses."