mill levy

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.

The Bell Policy Center applauds the decision on mill levy stabilization by the Colorado Supreme Court, and it offers congratulations to Gov. Bill Ritter and the General Assembly for initiating this important step to ensure a more reasonable, rational fiscal policy for Colorado.

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The Colorado Legislature and Gov. Bill Ritter worked together this year to pass dozens of bills that improve the state of opportunity for thousands of Coloradans, says Wade Buchanan, president of the Bell Policy Center. "The 2007 session will be remembered as a strong push for opportunity," Buchanan said. "Legislators worked hard to pass bills that prepare our kids to compete in the global economy and help families join and stay in the middle class."

The boards of the Bell Policy Center and the Bell Action Network have endorsed Gov. Bill Ritter's proposal to stabilize school district mill levies to address education funding and tax fairness issues. The boards also endorsed the governor's plan for using state money freed up by the mill levy stabilization to boost preschool and kindergarten programs.