property taxes

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It still feels like summer, but most of Colorado's kids are already back at school. General Fund is back at school, too, and working harder than ever just to make the grade.

In previous emails we talked about how General Fund is struggling to keep his obligations to college students, Medicaid patients and other Coloradans while revenues are slipping. And we've discussed how he may have to take on more responsibility for roads and bridges.

Colorado's undocumented immigrants pay as much in taxes as they consume in mandated social services, according to a study Friday from The Bell Policy Center.

The state's estimated 180,000 undocumented immigrants paid $167.5 million in taxes in 2010, the Denver nonprofit's study said.

The largest share came from sales taxes - $114.6 million - with another $30.9 million paid in income taxes and $22 million in property taxes covered mostly through rent payments.

Amendment 60 would amend the state Constitution to make sweeping changes to Colorado's property tax laws. These changes would significantly impact funding for public schools and local services.

Amendment 60 would require school districts to cut property tax rates in half by 2020.