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Denver suburb faces sudden $42 million fiscal hole as it reckons with ruling finding a city tax violated TABOR
Lakewood must refund $42.15 million, over 13% of its 2026 budget, to 177 telecom companies after violating the Taxpayer's Bill of Rights by imposing an unapproved tax.
Summary by Greeley Tribune
5 Articles
5 Articles
The Fort Morgan Times+4 Reposted by 4 other sources
Denver suburb faces sudden $42 million fiscal hole as it reckons with ruling finding a city tax violated TABOR
Lakewood is about face a costly reckoning with the Taxpayer’s Bill of Rights — to the tune of more than $42 million. That’s the amount the state’s fifth-largest city has calculated it owes to dozens of cell phone carriers and telecommunications companies it wrongfully taxed for years. The bill is now coming due after the Colorado Supreme Court ruled last year that the city had violated TABOR, a state constitutional amendment, by levying a busine…
Coverage Details
Total News Sources5
Leaning Left0Leaning Right1Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
R 20%
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