Colorado § 39-1-125 - Tax and levy rate information publicly available.

§ 39-1-125. Tax and levy rate information publicly available.

(1) (a) When each town, city, school district, special district, or other taxing authority certifies its levy pursuant to section 39-5-128, it shall also provide the following information for each levy that it imposes:

(I) The rate of the levy;

(II) The prior year levy and revenue collected from the levy;

(III) The maximum levy that may be levied without further voter approval;

(IV) The allowable annual growth in revenue collected from the levy;

(V) The actual growth in revenue collected from the levy over the prior year;

(VI) Whether revenue from the levy is allowed to be retained and spent as a voter-approved revenue change pursuant to section 20 (7)(b) of article X of the state constitution;

(VII) Whether revenue from the levy is subject to the limit on annual revenue growth in section 29-1-301 (1)(a);

(VIII) Whether revenue from the levy is subject to any other limit on annual revenue growth enacted by the taxing authority or other local government;

(IX) Whether the levy must be adjusted, or whether a mill levy credit must be allowed, to collect a certain amount of revenue for the tax year and, if applicable, that amount of revenue; and

(X) Any other information determined necessary by the department of local affairs.

(b) On or before September 1, 2024, the department of local affairs shall determine the process by which taxing authorities will provide the information listed in subsection (1)(a) of this section.

(c) The board of county commissioners or other body authorized by law to levy taxes shall provide the information listed in subsection (1)(a) of this section, in addition to the identity of the entity that fixes each levy rate, along with its certification of levies pursuant to section 39-1-111.

(2) (a) Upon receiving the certification of levies from the board of county commissioners or other body authorized by law to levy taxes, or by either group's authorized party, in accordance with section 39-1-111, counties shall, in coordination with the property tax administrator, ensure that the information listed in subsection (1)(a) of this section is publicly available and accessible to persons that own taxable real property within the taxing authority's territorial limits.

(b) Counties shall ensure that the information in subsection (1)(a) of this section is publicly available beginning on January 1, 2026. From December 31, 2024, through December 31, 2025, counties shall ensure that the information in subsection (1)(a) of this section is available upon request.

Source: L. 2024: Entire section added, (HB 24-1302), ch. 340, p. 2299, § 1, effective June 3.

39-1.5 ARTICLE 1.5

Prepayment of Ad Valorem Taxes

39-1.5-101. Legislative declaration.

39-1.5-102. Definitions.

39-1.5-103. Authorization of prepayment of taxes for capital improvements to local governments - no effect on obligation to pay taxes to other local governments.

39-1.5-104. Prepayment - amounts - credits - limitations.

39-1.5-105. Prepaid taxes subject to laws governing financial affairs.

39-1.5-106. Relationship between prepaid taxes and the limitation on local government levies.

39-1.5-107. Prepayment arrangement not a general obligation indebtedness.