Tools

Fruita Officials Look into Future Tabor Limits

by KREX News Room
by Danielle Kreutter

Story Created: Oct 23, 2012 at 10:20 PM MDT

Story Updated: Oct 24, 2012 at 11:48 AM MDT

FRUITA, Colo.- When Fruita voters approved the extension of the Taxpayer Bill of Rights limits in 2006, they agreed that any tax revenue that was collected over the TABOR limit could be spent; that helped with the construction of many capital improvement projects like the Fruita Community Center.

In 2013 Fruita will start a new six-year plan to continue working with the same revenue levels.

Fruita officials say in the last six years there have been several major capital improvements made from the extra revenue, which is what was promised to voters.

As they look forward there may be challenges in upholding the promised capital improvement funds for the next six years.

"We don't see any big significant projects like we have had in the last six years, and that's going to be something we'll have to continually monitor and take a look at as we go through this process," said Margaret Steelman, finance director for the city of Fruita.

If the city is not able to meet the revenue limit, voters could challenge the TABOR exception during an election season.

They could also face a challenge if there's an economic downturn; there's the possibility of having to pull money from other city services to try to create the revenue voters agreed to.

Add a comment

Name:

Comment: 1000 Characters Left

KREX - News, Weather, Sports for Grand Junction | Montrose | Glenwood Springs - Coverage You Can Count On and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

Most Popular
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.
News Channel 5 Weather