ACEC/CO
Opposes 2010 Ballot Initiatives that Will Affect Colorado’s
Communities – ACEC/CO Members Asked to Act Now!
Three ballot
measures – Amendment 60, 61 and Proposition 101 - will be on the
2010 ballot that will have a drastic and negative impact on
Colorado’s communities. ACEC/CO’s Board of Directors has taken
a position to oppose these initiatives and encourages our
members to educate themselves to the impacts they will have on
services provided by our local municipalities and our state.
In the next
few days members will be receiving a request from ACEC/CO to
financially support this effort by contributing to the Don’t
Hurt Colorado Campaign. The funds that ACEC/CO raises will be
matched by ACEC national through the ACEC Minuteman Fund. The
Minuteman Fund helps member organizations such as ACEC/CO fight
local initiatives that negatively impact our members’
businesses. We ask your support in this endeavor as it not only
affects your businesses but the community in which you live.
What will our communities and state look like if these
initiatives pass? Is this what we want for our communities and
state?
NEW: Watch the KRDO Pueblo news video with Sam Mamet, Executive Director of CML, discussing these initiatives
Additional Resources
Brief summary of these ballot measures:
ü
Amendment 60
would:
o
Require school
districts to cut property tax rates in half by 2020; losing
about $1 billion annually. The difference is to be made up by
state revenues.
o
Repeal all
past votes to retain property tax revenues above TABOR limits;
repeals “de-brucing”.
o
Require
enterprises and authorities to pay property taxes, and require
local governments to offset that revenue with lower tax rates.
ü
Amendment 61
would:
o
Eliminate
Colorado’s ability to build or expand its schools, roads,
hospitals, college buildings, light rail, water and sewer
systems, prisons by doing away with state and local bonding. By
eliminating the use of long term bonds for large projects
repayment costs will rise to exorbitant levels
o
Mean local
districts would have to repay bonds within ten years, instead of
a reasonable time frame such as 20-30 years.
o
Prohibit using
revenue anticipation notes and certificates of participation.
ü
Proposition
101 would:
o
Eliminate a
major funding source for road and bridges construction across
the state by drastically reducing vehicle registration fees to
$10; this fee hasn’t been this low since 1919. Not only would
state highway projects be cut, but local projects would be as
well, since cities and counties receive a major portion of their
road funding from this fee.
o
The Specific
Ownership Tax on cars would be reduced to $2 on new cars and $1
on used cars. This revenue helps fund school districts and
other local government priorities.
For more information, please check out the
Coloradans for Responsible Reform
campaign’s
website at
www.DontHurtColorado.com.
CFRR
is a pro-Colorado, pro-business group formed in 1994.
Additional details of these initiatives impacts can be found at
The Bell Policy Center at:
http://thebell.org/node/1231.
Throughout
the next few months, ACEC/CO will be keeping our members
informed about these initiatives
If you have any questions, please contact Marilen Reimer at the
ACEC/CO office.