Board supports Gallagher Amendment Repeal (Amendment B), opposes Prop 116 & 117

The Adams 12 Five Star Schools Board of Education unanimously approved resolutions concerning three statewide measures on the Nov. 3 ballot.

• The board passed a resolution in support of repealing the Gallagher Amendment (Amendment B)
  • Amendment B proposes amending the Colorado Constitution to: repeal the Gallagher Amendment requiring residential and nonresidential property tax revenues to make up the same portion of total statewide property taxes as when the Gallagher Amendment was adopted in 1982, including the requirement that sets the nonresidential assessment rate at 29 percent.
  • The Colorado Association of School Boards has published a Factual Summary on Amendment B and its impact on Adams 12 Five Star Schools.
     
• The board passed a resolution in opposition to Proposition 116
  • Proposition 116 proposes amending the Colorado statutes to: reduce the state income tax rate from 4.63 percent to 4.55 percent for tax year 2020 and future years.
     
• The board passed a resolution in opposition to Proposition 117
  • Proposition 117 proposes amending the Colorado statutes to: require voter approval for new state government-owned businesses, called enterprises, if the enterprise’s revenue from fees over its first five years exceeds $100 million; and require that specific language be included on the ballot when voters are asked to approve enterprises.

You can find additional information on these measures, including arguments for and against in the state's Ballot Information Booklet (commonly referred to as Blue Book).