Proposed revenue cap waiver would not increase taxes but could preserve funding approved by voters
FORT COLLINS, Colo. – The Poudre Fire Authority is considering asking voters to approve a ballot measure that would allow the Poudre Valley Fire Protection District to retain and spend the full amount of tax revenue previously authorized by voters, responding to new state-imposed revenue limitations that officials say could affect future emergency services.
According to information released through the District’s public outreach campaign, recent Colorado legislation has created a new cap on the amount of property tax revenue the District can collect and retain. Fire officials say the proposed ballot measure would seek voter approval to waive that cap and would not increase taxes. Instead, it would allow the District to keep revenue already approved under a 2018 voter authorization…