Hardworking, everyday Coloradans are hurting. Out of control inflation plus high taxes and fees are forcing difficult choices on homeowners, renters, and small businesses. The basics for Coloradans to live life are becoming increasingly more expensive. This is not the time to increase property taxes on Coloradans.
I have analyzed the two ballot questions presented by the Douglas County School District (DCSD), to which I adamantly recommend “NO” votes. 5A is asking for a $60 million-per-year mill levy override (property tax hike) and 5B is asking to incur significant new debt that we must pay off. I hope my analysis on these questions is helpful as you consider tax increases on your 2022 November ballot. Generally, I recommend “NO” votes on all property tax increases.
Anyone living in the metro Denver area can already expect a significantly higher property tax bill because of the new reassessed valuation of your property near the height of the metro real estate market. Renters do not get a pass on this one because apartment owners pass on higher taxes to renters in the form of increased rents even though apartment owners may already be receiving subsidy money from government entities.
See the full article by Kim Monson, October 13, 2022