Denver City Property Tax Refund Elimination Question (November 2012)

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A Denver City Property Tax Refund Elimination Question was on the November 6, 2012 ballot in the city of Denver, which is in Denver County, where it was approved.

This measure sought to allow the city to not refund property taxes which have been set out under TABOR and instead keep the funds. If approved, this would be in place for two years and after that officials would plan to ask for permanently eliminating the refunds. This has been done in multiple counties and cities across Colorado already.[1][2]

Election results

Referred Question 2A
ResultVotesPercentage
Approveda Yes 185,237 73.83%
No65,64626.17%

Election results from Denver County Current Election Results Summary

Text of measure

Language on the ballot:

Without increasing any tax rate or adopting any new tax, and in order to pay for improvements to police, fire, streets, Denver Public Library, parks, after-school and summer programs for children and such services as specified in City Council Bill 12-566 and published on the city’s web-site, shall the City and County of Denver be authorized to collect, retain and spend all tax revenue derived from the city’s existing gross tax rates to the extent those revenues exceed the constitutional limitation on tax revenue, also known as TABOR, beginning in 2013, provided that in no event shall the city increase the maximum lawful property tax rate without prior voter approval as required by Section 20(4)(a) of Article X of the Colorado Constitution, and requiring specific annual reporting requirements by the Manager of Finance to the mayor, the city auditor and the city council on the disposition of these funds?[2][3]

References

  1. The Denver Post, "Denver measure to "de-Bruce" property taxes headed to the fall ballot," August 20, 2012
  2. 2.0 2.1 Denver County Elections, Tabor Notice
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.