© 2024 Aspen Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Basalt Residents Have Until Friday For TABOR Survey

Elise Thatcher

Does Basalt owe property owners a refund? Residents have until March 29th to complete a survey, which the council will consider in addressing a possible violation of state law.

Basalt lowered its property tax mill levy consistently throughout the 1990s and early 2000s, but, in 2010, it raised it. The fluctuation, the town says, was to maintain levels of service.  

In 2010, the town didn’t ask voters for permission to raise the mill levy. This is potentially a violation of the Taxpayer’s Bill Of Rights, which stipulates voters need to agree to any tax increase.

The town is considering going to the voters, to ask them if they can freeze the mill levy at its current rate and keep the revenue, which is estimated around $2 million.

 

The other options it has are to refund the money, or simply keep it, and wait for someone to sue them.

 

Related Content
  • Basalt recently discovered it has been erroneously collecting property taxes from its residents. The town might need to refund its residents around $2…