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Colorado Referendum Targets Revenue Cap.
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- Author(s): Jacobson, Linda
- Source:
Education Week. 10/19/2005, Vol. 25 Issue 8, p17-21. 2p. 1 Color Photograph.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
The article reports that to some Colorado residents, Referendum C is the best chance to spare the state's schools from deep budget cuts. Referendum C is a proposed five-year suspension of Colorado's Taxpayer Bill of Rights or TABOR. TABOR is a voter-approved 1992 constitutional amendment that imposed a formula-driven cap on state spending and required the state and local jurisdictions, including school districts, to give back to taxpayers any revenues in excess of the cap.
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