Home prices here are skyrocketing, but just because property values are going up doesn’t mean residents can pay more in property taxes.
So says Michael Fields, executive director of Colorado Rising State Action.
His group submitted petitions with more than 190,000 signatures Monday in support of Initiative 27 to reduce those taxes from 7.15% to 6.95%.
They needed 124,000 for the measure to appear on the ballot.
Fields says The rise in property values is putting pressure especially on older people and those living on a fixed income.
If passed in November, the measure would also grant a property tax exemption to disabled veterans and seniors.
We turned in many signatures today for ballot measures to reduce property taxes by 9% and increase transparency in state government. Thanks to everyone who signed the petitions! #copolitical #collegiate @COStateAction https://t.co/FI9TMEBMZl pic.twitter.com/8fEQr24jGO
– Michael Fields (@MichaelCLFields) August 2, 2021
Fields is implementing another ballot measure that requires monitoring of billions of dollars in donations to the governor. Polis’s office is running low.
CBS4 informed last year there was no transparency from the governor’s office on how those donations from corporations and private foundations were used.
The ballot measure would require so-called custodial funds, which also include federal stimulus dollars and legal settlements, to go through the normal legislative budgeting process, with hearings and public input.
“It really opens the books so there are no bribery funds in the executive branch,” says Fields.