Local governments are losing out on $140M in Colorado’s state budget

Local governments are losing out on $140M in Colorado’s state budget

This time two years ago, state lawmakers went out of their way to make sure local governments wouldn’t suffer financially from legislative and ballot efforts to deliver property tax relief. How times have changed. As the property tax cuts grew and the state’s own budget picture deteriorated, the state steadily scaled back its promises to cover the costs to local governments. Fast-forward to today, and Colorado lawmakers are poised to approve a s…