Ballot Title Setting Board
2021-2022

The title as designated and fixed by the Board is as follows:

Funding available for counties, school districts, water districts, fire districts, and other districts funded, at least in part, by property taxes shall be impacted by a reduction of $1.3 billion in property tax revenue by an amendment to the Colorado constitution and a change to the Colorado Revised Statutes concerning the actual value of property for purposes of property taxation, and, in connection therewith, limiting the increase of a property’s value to inflation or to three percent, whichever is less; allowing a property to be reappraised in certain circumstances; and requiring another statewide vote in ten years to reauthorize these changes or restore the constitutional and statutory provisions as of this measure.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall funding available for counties, school districts, water districts, fire districts, and other districts funded, at least in part, by property taxes be impacted by a reduction of $1.3 billion in property tax revenue by an amendment to the Colorado constitution and a change to the Colorado Revised Statutes concerning the actual value of property for purposes of property taxation, and, in connection therewith, limiting the increase of a property’s value to inflation or to three percent, whichever is less; allowing a property to be reappraised in certain circumstances; and requiring another statewide vote in ten years to reauthorize these changes or restore the constitutional and statutory provisions as of this measure?

Hearing March 16, 2022

Single subject approved; staff draft amended; titles set.
The Board determined that the proposed initiative requires the addition of language to the Colorado Constitution; a 55% vote is required to pass.
Board members: Hilary Rudy, David Powell, Ed DeCecco
Hearing adjourned 2:34 PM.

* Unofficially captioned "Concerning Property Valuation" by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.