News and Announcements

Posted on: May 19, 2016

Tell us your thoughts about TABOR

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For the first time in this decade, the Town has exceeded its TABOR revenue limit. Now, Town Council has a decision to make, and Councilmembers want your input.

The Taxpayers Bill of Rights (TABOR) is part of the Colorado Constitution. It has a provision that imposes revenue restrictions on the State and on local governments.

Due to contributions for major projects like the North Meadows Extension and Philip S. Miller Park, along with strong sales tax growth and other revenue sources, the Town exceeded its TABOR revenue limit in 2015 by $714,580.

Council can either refund the money to taxpayers in some manner or ask voters to keep and spend the money on local services, such as public safety or transportation projects. Council wants your input to make that decision.

Here are some ways to provide that feedback:

• Log on to CRgov.com/2015TABOR to take an online poll and/or provide comments using an online form
• Attend an open house related to the 2017 Budget. The first is from 6 to 8:30 p.m. Tuesday, May 24 at Town Hall, 100 N. Wilcox St. The second will be from 6 to 8:30 p.m. Monday, June 13, at the Castle Rock Recreation Center, 2301 Woodlands Blvd.
• Email Council at TownCouncil@CRgov.com
• Comment during the June 21 Council meeting, where this topic will be discussed again

More details about TABOR and the options for the surplus are online at CRgov.com/2015TABOR.

Get Town news straight to your inbox. Sign up online at CRgov.com/notifyme, or follow the Town on Facebook (facebook.com/CRgov), Twitter (@CRgov) and LinkedIn (search Town of Castle Rock.)

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