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4440FDDEA82ACCAB872582C9005E74F1 Hearing Summary




PUBLIC
BILL SUMMARY For IMPACT OF RESIDENTIAL ASSESSMENT RATE ON PROP TAX REVENUE

INTERIM COMMITTEE  ALTERNATIVES TO THE GALLAGHER AMENDMENT INTERIM STUDY COMMITTEE
Date Jul 13, 2018      
Location HCR 0112



Impact of Residential Assessment Rate on Prop Tax Revenue - Committee Discussion Only
11:11:46 AM  
Byron Pelton, Logan County Commissioner,
discussed the impact of the Gallagher Amendment on county financing.  He
provided an handout to the committee (Attachment F).
11:14:24 AM  
Ben Tisdel, Ouray County Commissioner,
discussed the impact of the Gallagher Amendment in rural areas.
11:14:58 AM  
Commissioner Pelton responded to questions
from the committee regarding local awareness of issues raised by the restrictions
of the Gallagher Amendment.
11:21:27 AM  
Commissioner Tisdel discussed the likelihood
of passing local ballot measures to address funding conflicts.
11:23:55 AM  

Ann Terry, Special District Association, discussed the concerns specific to special districts related to the Gallagher Amendment.  She provided a handout to the committee (Attachment G).

 

Attachment G
11:33:50 AM  
Al White, Fraser Valley Metropolitan Recreation
District, talked about the impact of a descreased residential assessment
rate on the district.  
11:36:29 AM  
Ms. Terry responded to questions from the
committee.
11:38:13 AM  
Senator White discussed the difference
between commercial property tax revenues in rural areas and the Front Range.
11:39:48 AM  
Committee discussion continued regarding
the changes over time to the residential assessment rates and how Gallagher,
TABOR, and Amendment 23 requirements have created the current concerns
over decrease in local government revenue.
11:51:06 AM  
Don Lombardi, West Metro Fire Protection
District and the Colorado State Fire Chiefs, discussed concerns of local
fire districts related to reductions in the assessment rate.
11:55:04 AM  
Stuart Mills, Larkspur Fire Protection
District, discussed the impact of a reduction in the residential assessment
rate on a small fire district.
12:06:28 PM  
Chief Lombardi responded to questions from
the committee.
12:10:08 PM  
The committee recessed.






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