Comment on Editorial: Coloradans’ property taxes won’t skyrocket now or in the future, thanks to compromise

Editorial: Coloradans’ property taxes won’t skyrocket now or in the future, thanks to compromise

The bipartisan deal to extend property tax relief to Colorado homeowners and commercial real estate owners is far superior to any of the highly partisan and heavy-handed ballot measures proposed for this November. The compromise allows counties and special districts to keep some of the increased tax revenue they will generate thanks to the voter repeal of the Gallagher Amendment four years ago, but it also cuts about $390 million from their 2024 tax collections.

 

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