Review of Colorado’s Property Taxes and Model Policy

Over the last few years, Colorado’s property tax system has been the subject of considerable debate and efforts toward reform.  Rapidly rising residential property values and a structure that gave relief to residential owners, but not commercial property owners, pushed the issue to the fore of the state’s fiscal discussion.

Fees, Enterprises, and Colorado

This issue paper discusses how Colorado has created loopholes, such as fees and enterprises, to bypass the Taxpayer’s Bill of Rights (TABOR).

Colorado’s proposed pension reform is a missed opportunity

In November of 2016, Colorado’s Public Employees Retirement Association Board (PERA) realized it had a problem. Not only did the state’s public pension system have a current unfunded liability of $50 billion, but overly-optimistic expected returns and overly-pessimistic mortality tables would leave the plan at less than 20 percent funded in a couple of decades […]

An opportunity for lawmakers to fix Colorado’s broken public pension system

Last fall, members of the Colorado Public Employee Retirement Association (PERA) got some bad news: the amortization periods for the public pension system’s two largest funds had ballooned dangerously. Under current assumptions, the state fund would not be fully funded for 55 years, and the even larger school fund would not be fully funded for 75 years.

Mismanaged pension funds are imperiling state budgets

As the looming public pension storm gathers strength, debate is expanding past technical matters and into the governance structures of taxpayer-funded pension plans. The problems that beset our public pensions are not the result of random chance, evil spirits, or swamp gas. They are the result of conscious decisions made by human beings.