ED SEALOVER | DENVER BUSINESS JOURNAL
DENVER BUSINESS JOURNAL – Concerned about ballot fatigue and suffering from a lack of fundraising, organizers of the Colorado Priorities campaign to pass a statewide de-Brucing ballot initiative blunting the impact of the state’s Taxpayer Bill of Rights ended their efforts for the 2016 election on Tuesday.
The proposal would have allowed the state government to keep any revenue it collected above the Taxpayer’s Bill of Rights limit over the next 10 years and put it to prescribed uses — at least 35 percent toward education, at least 35 percent toward transportation and anything else toward mental-health and senior services.
Doing so would have eliminated the possibility of TABOR refunds that otherwise would go to statewide taxpayers when revenues exceed the caps.
However, organizers said they became increasingly worried about getting their message out during an election that could feature as many as 10 other ballot initiatives, as well as presidential and U.S. Senate races in this state.
Read more at the Denver Business Journal: http://bit.ly/29WUagr