|Information and Resources: Amendment 73|
AMENDMENT 73: CAMPAIGN INFORMATION & RESOURCES
WHAT IS THE CURRENT STATUS OF THIS EFFORT?
Proponents have collected and submitted to the Secretary of State signatures of 180,000 registered voters from across Colorado in order to qualify this measure for the November 2018 ballot. The Secretary of State's office announced on August 9 that Amendment 73 is approved for the November 2018 ballot. Click here to read the news release related to that announcement.
WHAT IS THE CITIZEN'S BALLOT INITIATIVE KNOWN AS GREAT SCHOOLS, THRIVING COMMUNITIES?
HOW IS REVENUE RAISED?
This initiative funds expanded educational opportunities through tax increments on federal taxable income (income after exemptions and deductions) earned above $150,000 and on C corporations, ensuring that decisions about how to use those new funds are made at the local level by locally elected school boards, in collaboration with their communities. It also provides sustainable funding by lowering and freezing property tax rates, which are already third lowest in the nation. It’s worth noting that according to the Fiscal Impact Statement created by the Colorado Legislative Council Staff, 92% of taxpayers will see no impact on their individual income taxes.
WHY DOES CASE SUPPORT THE INITIATIVE?
Our state lags near the bottom when it comes to personal income investment in K-12 education, and even with the success we had this past legislative session at directing funds towards schools, the budget stabilization factor still tops $700 million. CASE has been part of a group that began meeting two years ago, called Table 18, which believes it is imperative to address the significant underfunding of our education system. This ballot measure would raise badly-needed revenue for K-12 by raising taxes on high-income earners and corporations, distribute that revenue in an equitable way, and ensure that local communities could make spending and budget decisions.
HOW CAN I LEARN MORE ABOUT IT?
The Great Schools, Thriving Communities website provides details about the initiative, including a one-page overview, presentation and various other sources. Please scroll down for more resources.
Reminder of the Colorado Fair Campaign Practices Act
Colorado's Fair Campaign Practices Act (FCPA) prohibits the use of public resources to support or oppose a ballot issue. School district employees are not allowed to use any regular work hours, facilities, district communication equipment, materials or supplies to promote or defeat a ballot issue. Employees are allowed to use their personal time to urge electors to vote for or against an election issue or to make contributions of their own money. The overview of the FCPA's permissible and impermissible activities for school board members and district employees provides guidance.
If you want to get involved with the campaign, you should use a non-school district email address. If you want updates regarding the campaign, sign up directly on the Great Schools, Thriving Communities website. Given the high profile of this statewide school funding measure, school district employees may receive questions from your community. Please contact CASE at 303.762.8762 if you would like assistance in responding to these inquiries.