BILL SUMMARY For PUBLIC COMMENT
INTERIM COMMITTEE ALTERNATIVES TO THE GALLAGHER AMENDMENT INTERIM STUDY COMMITTEE
Date Jul 13, 2018
Location HCR 0112
Public Comment - Committee Discussion Only
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.
Pam Feely, President, West Metro Fire District,
discussed concerns about what happens when property values plateau and
start to decline.
Gail Lindley, Denver Bookbinding Company,
discussed the impact of increasing property taxes on her business.
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.
Mr. Wissel discussed the possibility of
eliminating the assessment ratios and instead using market values.
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.