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.
The Sales and Use Tax Simplification Task Force (task force) was originally created in 2017 pursuant to House Bill 17-1216. In its original form, the task force was scheduled to be repealed in 2020. However,...
This issue brief examines Colorado fireworks law, including permissible fireworks, sales, local government regulations, penalties for violating state laws, and executive orders.
During the 2021 legislative session, the General Assembly focused on continued impacts from the COVID-19 pandemic, landlord-tenant relations, and affordable housing.
The Appropriations Report summarizes the final action of the General Assembly and the Governor on the budget and other legislation passed during the previous legislative session that contained an appropriation of moneys.