Sentences with phrase «mill levy increase»

Even Denver voters, who recently voted 69 % to support last year's mill levy increase for the Denver Public Schools, only voted 53 % in favor of 66.

Not exact matches

Specifically at issue has been the revenue from local mill - levy overrides (MLO), voter - approved property - tax increases that supplement a district's base funding and support a wide variety of special projects.

In school districts with increasing property values, TABOR steadily drives mill levy rates down.

However, if for any reason the mill levy subsequently produces lower revenues, it can not be increased even to its former level without a taxpayer vote.

TABOR requires that the state and all school districts obtain advance voter approval for any new tax, tax rate increase, mill levy above that for the prior year, valuation for assessment ratio increase for a property class, extension of an expiring tax, or tax policy change directly causing a net tax revenue gain.

A mill levy override, a type of property tax increase, hasn't been approved since 2000, and once again failed in November.