Members of the Colorado Municipal League are meeting in Breckenridge for their annual get-together, where they’re trying to determine the financial impact if any of the initiatives pass.
The group represents leaders from more than 260 communities around the state.
Three measures on the ballot particularly have them worried.
One seeks to cut taxes and fees on motor vehicles, reduce income tax rates and end most taxes on telecommunications.
Another initiative would lower property taxes and in some cases eliminate them altogether and the third proposal would end borrowing by state government and limit borrowing by local governments.
- Associated Press