Colorado Springs Utilities distributes TABOR refund - KOAA.com | Continuous News | Colorado Springs and Pueblo

Colorado Springs Utilities distributes TABOR refund

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COLORADO - On Sept. 30, the 2016 TABOR Taxpayer's Bill of Rights) refund of $13.22 was applied to active electric customer accounts within Colorado Springs city limits. 

The city of Colorado Springs says the detail of adjustment will appear on customer bills primarily in the month of October. 

It will be listed in two locations:

  • Page 1:  Listed as an adjustment on the Adjustments/Fees line
  • Final page: Listed as “TABOR REFUND 2016” under Adjustments /Fees

Ballot question two in the City election in April of 2017 asked voters if the City could retain and spend up to $6 million of revenues each year which may exceed amounts otherwise authorized for retention in 2016 and 2017 under TABOR. 

The City says the measure specified that $2.8 million in excess revenue from 2016 would be refunded to residents. 

The City of Colorado Springs does not have a mechanism in place to distribute TABOR refunds and asked Colorado Springs Utilities, as City-owned enterprise to explore the possibility of distribution through utility bills. 

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