Jefferson County has a long track record of working to minimize the burden on taxpayers while still delivering a responsible level of service.
- From 2000 through 2014, the Board of County Commissioners voluntarily reduced the County’s mill levy and only asked for the money needed to fund the budget.
- This reduced the amount of property taxes Jeffco residents paid — as well as the dollars available to fund essential county services.
- Since then, the county commissioners have been required to reduce the mill levy to conform to TABOR revenue restrictions.
- In 2018, the Board of County Commissioners voted to eliminate the county’s portion of its business personal property tax (BPPT) payable to the general fund.
- This action was taken to relieve some of the tax burden on businesses (especially small businesses) by eliminating an expense that had to be paid, regardless of the level of profits the businesses bring in.
- This initiative also helped to strengthen the county’s competitive advantage in attracting and expanding primary employers, encourages economic growth and supports the county’s business-friendly environment.
- The current ballot initiative includes a sunset provision, requiring the TABOR waiver to be renewed by a vote of Jeffco residents after seven years.
- This gives Jeffco residents a way to monitor and evaluate future budgets and hold the commissioners accountable to spend tax dollars responsibly.