Colorado voters face ballot measures regarding TABOR and state funding

As the November midterm elections approach, Colorado voters will decide on two significant ballot measures that would impact the state’s Taxpayer’s Bill of Rights (TABOR) and revenue retention.

Proposition NN seeks authorization for the state to retain and spend up to $4.6 billion more in tax revenue than currently allowed under TABOR. The measure aims to increase K-12 education funding by 2% annually to improve teacher pay and reduce classroom sizes. Supporters, including the Yes for Colorado Kids committee, argue the funding is essential for educator retention. Opponents contend the measure provides a “blank check” for lawmakers and erodes voter protections. Significant spending has been reported, with the primary support committee raising over $8.5 million.

Proposition 137 proposes creating a $175 million pool for conservation and outdoor programs, such as wildfire risk mitigation, by allowing the state to keep more tax revenue from sports equipment sales. Proponents, including groups like The Nature Conservancy and Western Resource Advocates, argue this funds crucial programs without raising taxes. However, the measure could reduce TABOR refunds for taxpayers by an estimated $26 to $83 for single filers in certain years. Supporters have outspent opponents significantly, with total spending reaching approximately $5 million.