Tag: Mill-levy freeze

The Colorado Supreme Court ruled 6-1 Monday that a controversial property-tax law doesn't violate the Taxpayer Bill of Rights, known as TABOR, the state constitutional amendment that limits taxes and spending. A 2007 state law froze mill-levy rates in school districts that had already voted to "de-Bruce," or waive limits on property tax collection. Last year, the measure raised $117 million and is expected to garner $1.7 billion over 11 years.