C3E06816F80E8E65872582C90074152D Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For PUBLIC COMMENTINTERIM COMMITTEE ALTERNATIVES TO THE GALLAGHER AMENDMENT INTERIM STUDY COMMITTEEDate Jul 13, 2018 Location HCR 0112 Public Comment - Committee Discussion Only 03:08:46 PM David Wissel, Park County Assessor, provided comments on the impacts of Gallagher Amendment on Park County. He discussed the gap between residential and nonresidential assessment rates. 03:13:58 PM Pam Feely, President, West Metro Fire District, discussed concerns about what happens when property values plateau and start to decline. 03:15:52 PM Gail Lindley, Denver Bookbinding Company, discussed the impact of increasing property taxes on her business. 03:19:45 PM Gini Pingenot, Colorado Counties, Inc., discussed the impacts of the Gallagher Amendment on counties that rely primarily on property taxes to fund local needs. She expressed support for counties to be permitted to address the problem. She responded to questions from the committee. 03:28:26 PM Mr. Wissel discussed the possibility of eliminating the assessment ratios and instead using market values. 03:29:55 PM TJ Steck, Elizabeth Fire District, discussed revenue impacts to his fire district as a result of the declining residential assessment rate. He talked about the option of de-Gallagherizing and the conflicts between the Gallagher Amendment and TABOR requirements. He responded to questions from the committee.