Just three years after Jefferson County (Jeffco) voters soundly rejected the idea of allowing the county to keep and spend over-collected revenue and eliminate fiscal restraints in place under the Taxpayer’s Bill of Rights (TABOR), the county government is giving it another go.
Commissioners recently referred to the November ballot yet another attempt to override constitutional revenue restrictions, as well as two new money generating marijuana measures with TABOR exemptions already built in.
TABOR is a constitutional amendment that, among other things, regulates the growth of local government spending to a reasonable annual rate, currently 3.9% for Jeffco. Excess revenue must be returned to taxpayers unless voters give permission to exceed those limits.
In 2019, Jeffco asked voters to allow the government to keep all revenue it collected …
See the full article by Sherrie Peif, August 4, 2022