Unintended consequences in Colorado tax limits
Tax and expenditure limits enacted as part of a 1992 voter initiative have led to inconsistent and unequal property tax burdens in Colorado, with state taxpayers increasingly subsidizing a handful of often-wealthy school districts, according to new research published by the Lincoln Institute of Land Policy. Moreover, more than 80 percent of Coloradans pay more in school property taxes than they would if voters had never enacted the Taxpayer Bill of Rights (TABOR), the state’s signature tax and expenditure limit approved in 1992, according to the research.
Promoting Municipal Fiscal Health
The Lincoln Institute of Land Policy announced a multi-year campaign to promote Municipal Fiscal Health in the U.S. and worldwide, to help cities confront an epidemic of insolvency and restore the capacity for local governments to provide basic services and plan for the future. “We need a fresh start that recognizes the structural elements of the fiscal stress we see in cities in the U.S. and all around the world, from Puerto Rico to China and throughout the burgeoning metropolitan areas in the developing world,” said Lincoln Institute president George W. “Mac” McCarthy. “Our roads, sewers and levees are crumbling under the weight of fiscal stress and underinvestment,” said former Transportation Secretary Ray LaHood, co-chair of Building America’s Future and a Lincoln Institute board member.
Managing State Trust Lands, Updated
A comprehensive report on the management of state trust lands in the West has been updated to reflect the latest policy innovations and best practices. State Trust Lands in the West: Fiduciary Duty in a Changing Landscape (Updated), co-authored by Peter Culp, Andy Laurenzi, Cynthia Tuell, and Alison Berry, is the product of Western Lands and Communities, a joint program of the Lincoln Institute of Land Policy and the Sonoran Institute.
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