Taxes & Fees

Colorado Property Taxes

Proposition HH is one of the most complicated ballot measures ever presented to voters. Coloradans are facing historic property tax increases.

Details

By the Numbers: Growth in Property Tax Revenue

Jun 17, 2024

Property tax revenue increased by $2.4 billion dollars in 2024. The annual increase of 19% was the largest since 1975. Since 2019, property tax revenue has increased by $5.4 billion (55%) and has more than doubled in the last nine years, growing over $8 billion, from $7.18 billion in 2015 to nearly $15.3 billion collected in 2024.

Inflation in Colorado – May 2024 Update

Jun 12, 2024

Between April and May of 2024, prices in Denver increased by 0.59% while national inflation grew by 0.56%.

2024 Colorado Legislative Session: TABOR Takings Tracker

May 17, 2024

These bills propose to reduce the TABOR refund by a combined $523 million in FY24, $1.06 billion in FY25, and $1.25 billion in FY26. The recent announcement that an additional $67 million in TABOR refunds is owed to taxpayers due to an accounting error is not reflected in this report.

Does SB24-233 Provide Taxpayer Relief and Predictability?

May 8, 2024

There is no relief for taxpayers. Coloradans will not have property tax relief from recent spikes. As reported by CSI, residential property assessment values increased over 27% in 2023. Under SB24-233, Coloradans are locked into these recent elevated property tax payments, resulting in no tax relief for this year or next.

2024 Session: TABOR Takings Tracker

May 3, 2024

Follow the CSI TABOR Takings Tracker the final days of the 2024 session! Buoyed by strong revenue growth, there is an estimated $6 billion owed to Colorado taxpayers over the next 3 years. Over 100 bills introduced during the 2024 legislative session would re-direct those funds, reducing the total amount refunded by $3.5 billion.

Monitoring Colorado’s Growing Regulatory Burden

Apr 11, 2024

Colorado’s free enterprise economic system is built upon a combination of federal, state and local laws. While federal policy can play a large role across certain industries, state policy plays a critical role in both accounting for regional differences and determining a state’s relative economic competitiveness.