Ballot Title Setting Board
2003-2004

The title as designated and fixed by the Board is as follows:

An amendment to section 20 (7) of article X of the Colorado constitution concerning limitations on government spending and revenues, and, in connection therewith, repealing current limitations on state and local government spending and revenue; requiring state fiscal year spending to be less, as a percentage of the overall state economy, than it was in state fiscal year 1999-2000 unless voters approve a revenue change; establishing the property tax revenue limit for each local government to be the local government's property tax revenue limit for the fiscal year ending in 2000 plus subsequent local growth and per-capita growth in the overall state economy, with specified adjustments; and allowing other state and local limits on revenue and spending to be strengthened or weakened by state or local legislative action.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be an amendment to section 20 (7) of article X of the Colorado constitution concerning limitations on government spending and revenues, and, in connection therewith, repealing current limitations on state and local government spending and revenue; requiring state fiscal year spending to be less, as a percentage of the overall state economy, than it was in state fiscal year 1999-2000 unless voters approve a revenue change; establishing the property tax revenue limit for each local government to be the local government's property tax revenue limit for the fiscal year ending in 2000 plus subsequent local growth and per-capita growth in the overall state economy, with specified adjustments; and allowing other state and local limits on revenue and spending to be strengthened or weakened by state or local legislative action?

Hearing April 7, 2004

Single subject approved; staff draft amended; titles set.
Hearing adjourned 9:26 p.m.

Hearing April 21, 2004

Motion for Rehearing granted in part to the extent Board amended titles; denied in all other respects.
Hearing adjourned 5:01 p.m.

* Unofficially captioned “Government Spending Limits – Local Property Taxes” by legislative staff for tracking purposes. Such caption is not part of the titles set by the Board.