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Legislators ask voters to forfeit thousands in TABOR refunds

Colorado Springs Gazette·Mariisa Ventrelli·18 days ago
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A Democratic‑backed proposal to direct money to K‑12 schools using Taxpayer’s Bill of Rights dollars is headed to the ballot, setting up a major debate over taxpayer refunds and long‑term education funding. If voters approve it, the average Coloradan would forfeit more than $7,000 in TABOR refunds over the next decade, according to a nonpartisan analysis. Senate Bill 135 includes a provision to increase the TABOR cap by the amount the state spends on K-12 education, which currently sits at about $4.5 billion per year. Under the proposal, any funding beyond that would be allocated to services for students with disabilities and increased contractor hours. “We have worked hard to better the quality of education in Colorado and have made great strides in many areas, but there is a fundamental lack of resources to make the big changes that are necessary to guarantee a quality education for all Coloradans,” said Rep. Meghan Lukens, D-Steamboat Springs.…

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