fbpx

Taxes & Fees

Colorado Property Taxes

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

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

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

Share
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.

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

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

Share
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

Proposition HH Issue Brief: Education

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

Proposition HH: The Taxpayer Dilemma

Proposition HH: The Taxpayer Dilemma

Share
Evaluation of the Long-term Impacts: Prop HH gives Coloradans a choice; trade some property tax relief for longterm increase in state taxes.

Colorado’s Economic Recovery Through the Lens of Taxable Sales

Colorado’s Economic Recovery Through the Lens of Taxable Sales

Share
Colorado economic activity as proxied by taxable sales, generated from the purchase of taxable goods and services, has more than fully recovered. Through the end of 2021, this crucial driver of both state and local sales tax revenue has grown well beyond pre-pandemic levels, even after adjusting for population growth and recent inflation.