The final Residential Assessment Rate (RAR) Study released by the Division of Property Taxation (DPT) on April10, 2019,estimates anRARof 7.15 percent for property tax years 2019 and 2020. The General Assembly would have to pass a bill for this rate to become law. The anticipated assessed values associated with this study have a significant impact on the local share for school finance. Compared with the December 2018 Legislative Council Staff assessed value forecast, the local share for school finance (local share) with a residential assessment rate of 7.15percent increases by $107.6million in FY2019-20. The actual local share will depend on the accuracy of the forecast and the RAR set by the General Assembly.
During the 2022 legislative session the General Assembly considered legislation related to special districts, local government administration, boards and commissions, funding, and firefighting assistance.
During the 2022 legislative session, the General Assembly considered housing bills to address affordability, homeowner associations, and families without housing.
Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law,...
This memorandum provides information about special district elections in Colorado. Specifically, it provides an overview of special district elections and the times at which special district elections are conducted. Also included are an overview of special districts generally and a table of...