The Denver Post: When Colorado voters enshrined the Taxpayer’s Bill of Rights into the state constitution in 1992, it had a simple premise: If lawmakers want to raise taxes or issue debt, they should ask voters for permission.
In practice, lawmakers rarely ask. But that hasn’t stopped them from charging Coloradans billions more for government services and borrowing costs anyway.
Designed to impose fiscal discipline on government, the amendment known as TABOR also sets a cap on spending growth each year. But 25 years later, policymakers on both sides of the aisle say Colorado government finance has instead become an increasingly complicated exercise in sidestepping those restraints.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now