Nothing has been scarier than working under the TABOR Amendment to meet the needs for human services, funding state highway improvements and subsidizing higher education. Passed back in 1992, TABOR has restricted state revenue and hence, expenditures to meet…
You decide — $10 billion for Colorado’s roads, education, healthcare and growth impacts or $10 billion for the energy industry’s profit line? That’s the difference a change in severance tax rates could make in the next 30 years, according to…
This is the second part of a series concerning the collection and expenditure of severance tax dollars derived from the value of oil and gas produced in the state. Read Part I: The Politics of the Oil and Gas Severance…
It was serious business at Tuesday’s Colorado Legislative Council meeting of the “Interim Committee to Study the Allocation of Severance Tax and Federal Mineral Lease Revenue” held in Rifle. The discussion concerned the energy industry, the number one business conglomerate…
Communities and counties across the state recently looked into their 20-year crystal ball and tallied proposed costs associated with the growth of oil and gas industry for the Department of Local Affairs. The estimated price tag for 40 counties, 57…
There has been a myriad of proposals to change the process to disbursement of state severance taxes and federal mineral lease funds in the legislature this year. In response, Sen. Gail Schwartz, D-Snowmass Village proposed convening a special legislative committee…
Severance tax, tax derived from the extraction of minerals and oil and gas, has been one of the favorite sources of income for some of the proposed legislation in 2007. Communities impacted by the latest oil and gas boom…
The scenic drive on I-70 from Denver to Vail has been marred by the browning of the national forests caused by the pine beetle outbreak. Mountain residents could face horrific forest fires if the beetle-kill problem isn’t resolved. In response,…
Consider this: You get to read your own natural gas meter and notify Xcel how much energy you have used for the month. Xcel can’t read the meter to verify your usage; they have to trust you with the “correct”…
Rural government officials and citizens in areas affected by oil and gas development have asked for an increase of grants from the Department of Local Affairs to help mitigate these impacts. In fact, Rep. Kathleen Curry (D-Gunnison) and Rep. Bernie…
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