Check back here regularly to find updates about the Gallagher Ammendment.
STRATTON FIRE PROTECTION DISTRICT BALLOT ISSUE 6A:
IN ORDER TO SUSTAIN ADEQUATE FIRE, RESCUE, AND EMERGENCY MEDICAL SERVICES, AND ONLY IF THE RESIDENTIAL ASSESSMENT RATE IS REDUCED BELOW THE CURRENT RATE ESTABLISHED PURSUANT TO SECTION 3 OF ARTICLE X OF THE COLORADO CONSTITUTION, SHALL THE STRATTON FIRE PROTECTION DISTRICT (DISTRICT) BE PERMITTED TO ADJUST ITS PROPERTY TAX MILL LEVY TO OFFSET ANY DECREASE IN REVENUE CAUSED BY A REDUCTION IN THE RESIDENTIAL ASSESSMENT RATE; AND SHALL SUCH TAX PROCEEDS BE COLLECTED AND SPENT BY THE DISTRICT AS VOTER APPROVED REVENUE AND SPENDING CHANGES IN EACH YEAR, WITHOUT REGARD TO ANY CONSTITUTIONAL OR STATUTORY SPENDING OR REVENUE LIMITATIONS CONTAINED IN ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION AND SECTION 29-1-301 OF THE COLORADO REVISED STATUTES?
What does this mean?
This is not an easy issue to understand, but here is a clip from an article from Denver Post....
Due to the impact the Gallagher Amendment is having on local governments, the issue has begun to enter the public debate on tax policy within the State. One of the considerations to remedy the Ratchet Down effect is another statewide referendum to either amend, replace, or abolish the Gallagher Amendment. This would need to gain considerable support in the legislature to become reality, which does not appear likely in the near future. However, many local governments are turning to local ballot measures to address the revenue concerns created by the Gallagher Amendment.
The basic premise of the local ballot measures is to allow the local governments to increase their property tax mill levy in order to offset the reduction in revenues that results from the Ratchet Down effect in the Residential Assessment Rate. The increase would be capped by the amount of revenue the local government would have collected had there been no decrease to the Residential Assessment Rate. Approval of such a measure at the local level would allow local governments more stability in their property tax revenue streams, which in turn allows for more robust long-term planning as well as execution of public projects like upgrading schools or building new fire stations.
The debate on a possible resolution to the Ratchet Down effect of the Gallagher Amendment will play a key role in the future success of local governments in the State of Colorado and will gain increasing importance if the Residential Assessment Rate continues to fall.
Trying to put it simply, this ballot issue will NOT raise your taxes, but it will allow the fire district to operate at our current level if and when the residential assesment rate (RAR) does drop. The RAR does not affect farm or commercial property, only residential (houses). If you have any questions, please feel free to email and we will try to respond quickly.
-Chief Kevin Freund
(this web site is owned and maintained by the members for the Stratton Vol Fire Dept, and paid for by donations collectd from fundraisers by the volunteer firefighters)