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

Inflation in Colorado – March 2024 Update

Apr 10, 2024

Fuels and utility prices have increased by 10% between March ‘23 and March ‘24 while the U.S. average was only 3.3%.

Colorado Property Tax Primer: Where do property taxes stand and where are they going?

Apr 9, 2024

Many Coloradans pay higher than average taxes, even adjusted for income. Despite effective tax rates being lower than average, the rapid increase in home values in Colorado over the past decade has made an impact.

Property Taxes on the Rise Despite State and Local Relief – Update for Douglas, Boulder, and Arapahoe Counties

Mar 7, 2024

Between 2022 and 2023, the median property tax bill increased by $1,113 in Douglas County, $660 in Boulder County, and $444 in Arapahoe County. Each of these increases significantly outpaced inflation.

Prices in the 21st Century – Colorado

Feb 15, 2024

The last 20 years has been marked by the cost of large expenditure items such as university tuition, housing and medical expenses outpacing wages.

Just How Much Relief Did the State Special Legislative Session Provide?

Jan 19, 2024

This brief release details the impacts of the 2023 special legislative session’s lowering of residential assessment rates from 6.765% to 6.7%, the potential impact of lowering local mill levies 10%, and points out the growth in Colorado property taxes beyond the metro rate of inflation.

Gov. Jared Polis’s 2024 State of the State

Jan 12, 2024

CSI has been at the forefront of data analysis regarding each of the issues raised in the Governor’s address and has the following response.

Commercial Property Tax Impact on Commercial Property Owners and the Colorado Economy

Nov 17, 2023

7,520 fewer jobs, a $177M reduction in GDP, and a $223 decrease in household income.

The Economic Impact of Increased Property Taxes on the Colorado Economy

Nov 9, 2023

The combined impact of the increase in property taxes and loss of household personal income totals -$1,406 per Colorado household.

Proposition HH Brief: Economic Impact of Taxes Increasing Above Historic Trend

Oct 27, 2023

Prop HH would make several changes to state property taxes and changes to state revenue limits, including: reducing property tax rates, creating two new subclasses of residential property effective in 2025, providing funds to local governments to make up for decreased property tax revenues (referred to as backfilling), creating limit on local government property tax revenue, increasing the cap on state revenue (Prop HH Cap) allowing the state to retain revenue up to the newly created cap, that would otherwise be required to refund to residents under the Colorado Taxpayer Bill of Rights (TABOR).

Proposition HH Issue Brief: Education

Oct 12, 2023

Proposition HH provides billions of dollars to education yet is not accompanied by guidelines, guardrails or metrics related to student performance.

« Previous Entries