Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, June 16
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»REP WEISSMAN: Here’s a plan to keep local property tax control local
    Property

    REP WEISSMAN: Here’s a plan to keep local property tax control local

    August 26, 20244 Mins Read


    After years of increasing home values, no one loves property taxes, but they are how we fund our schools, counties, and “special districts” that fight fires, provide drinking water, maintain parks and libraries and more.

    As Supreme Court Justice Oliver Wendell Holmes, Jr. put it over 100 years ago “Taxes are what we pay for civilized society.”  In Colorado, property taxes are LOCAL taxes paid to LOCAL governments – not the state.

    State Rep. Mike Weissman

    So it’s fair to wonder why there’s been a lot of discussion recently about STATE ballot measures that would impact property taxes.  Or why, for the second time in less than a year, Gov. Jared Polis summoned the STATE legislature to a special session about property taxes.

    The short answer is: Our State Constitution and laws have mixed up the state in property taxation for a long time.

    But given the reality that our state is an economically and politically diverse place, we shouldn’t necessarily keep doing what we’ve been doing.  In fact, I think a lot of local government leaders and organizations that care about state and local government decisions in Colorado would rather we don’t.  A number of them have said so loudly and clearly, as recently as this past Friday, at a meeting of the state’s Property Tax Commission.

    That is why, as the Legislature convenes this week, state Sen. Chris Hansen, D-Denver, and I will introduce a measure that, if passed by the requisite two-thirds of both the House and Senate, will allow voters statewide to consider whether they want to stop voting on each other’s property tax bills, while retaining the right to vote on their own.

    Wherever you live in Colorado, you pay property taxes to your school district and your county.  You may also pay property taxes to one or more special districts, and possibly to a “metropolitan district” associated with the development of your residential community.  We all expect the ability to vote on LOCAL taxes related to funding OUR LOCAL governments.

    Because of how property tax laws work right now, statewide property tax ballot measures do a lot more than this.  But one size does not fit all.

    For example, when a voter in Douglas County (generally a conservative county) votes yes on a statewide measure to cut property taxes, that impacts local government funds in the San Luis Valley.  However, Douglas County is an exurban, affluent, fast-growing area, and the San Luis Valley is a rural, agricultural area in which some counties are actually losing population.

    Or, consider a different statewide ballot measure, say to increase taxes on commercial property (like office buildings or warehouses).  If a voter in Boulder County (generally a pretty liberal county) votes yes, that same yes vote contributes to increasing taxes in conservative areas, such as Mesa County, that probably have a lower tax philosophy.  Again, this is in the context of LOCAL government and LOCAL taxes like property taxes (contrasted to income taxes, which we pay to fund state government, of which we’re all a part).

    Compared to other states, Colorado has a pretty live-and-let-live philosophy.  We want to be able to walk our chosen path, and as long as others aren’t keeping us from doing that, most of us are OK if others walk their own chosen paths.

    In the parlance of government, this live-and-let-live approach is called “local control.”  “Home rule” cities and towns (including Aurora) possess authority that would otherwise be a matter for state government.  Our 64 counties all choose their own commissioners (or councilors, in Broomfield and Denver) and can, and do, choose to do things differently.  Our 178 school districts across the state educate from fewer than 100 to over 80,000 students.

    Currently however, property tax law treads on local control by putting voters in the position of voting to cut, or potentially raise, local property taxes in parts of our state far from their own, even if they don’t want to be in that position.

    We can change this.  The special legislative session this week will move quickly, and the dominant focus will be on legislation intended to avoid billions of dollars of cuts to schools and other critical services.  I hope, in addition, the Legislature will seriously consider the need to truly keep LOCAL taxation LOCAL.  If the Legislature does not act on this subject this week, it must do so in the near future, for the sake of stability of communities across Colorado.

    Democratic State Rep. Mike Weissman represents House District 36 in Aurora, Arapahoe and Adams counties.

    Related



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIf I’d put £5k in Roll-Royce shares 5 years ago, here’s what I’d have now
    Next Article Investor Update Webcast – FY24 Financial Results

    Related Posts

    Property

    Property asking prices see biggest June drop in 14 years as buyers have the upper hand

    June 14, 2026
    Property

    Evolving housing needs unlock fresh prospects for China’s property revival

    June 14, 2026
    Property

    Households warned over summer habit that could cause long-term property damage

    June 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Les principales cryptomonnaies progressent ; le Bitcoin se maintient près du niveau de 110 000 dollars

    May 27, 2025
    Investing

    GBP/USD Faces Conflict Between Rate Support and UK Growth Risks

    March 23, 2026
    Bitcoin

    Bitcoin Price Correction Sees BTC Dip Below $66,000

    July 30, 2024
    What's Hot

    Ganglong China Property annonce un chiffre d’affaires contractuel de 1 353,7 millions de RMB pour le premier trimestre.

    April 13, 2025

    Asia stocks rise as tech gains offset US-Iran tensions; China keeps LPR steady By Investing.com

    April 19, 2026

    Factory output impresses, but consumption weakens in China

    May 19, 2025
    Most Popular

    Le Bitcoin prêt à augmenter alors que le yuan de la Chine atteint son niveau le plus bas en 2023

    April 8, 2025

    Bitcoin ETF inflows fall to $619M as oil shakes markets

    March 9, 2026

    La volatilité du prix du Bitcoin augmente – Aperçus du marché

    April 3, 2025
    Editor's Picks

    If the Nasdaq Drops Further, What Will Happen to Bitcoin?

    June 9, 2026

    Georgia Capital exerce son option de vente sur sa participation dans Georgia Global Utilities

    June 26, 2025

    Webinar on basics of commodity derivatives held at MPM GFGC Karkala

    September 28, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.