From The Pueblo Chieftain (Chris Woodka):
Concerns about the fallout from Amendments 60 and 61 and Proposition 101 were shared Thursday at the [Southeastern Colorado Water Conservancy District] monthly meeting by Executive Director Jim Broderick.
Proposition 101 would have the greatest impact on operating revenues of the district by rolling back specific ownership taxes on motor vehicles. The tax would be decreased to $2 for new vehicles and $1 for used vehicles over four years, among other provisions of the ballot question. The Southeastern District gets between $600,000 and $700,000 in revenue annually through the tax. Those revenues fund staff and programs of the district, as well as repaying the federal government for parts of the Fryingpan-Arkansas Project.
Amendment 60 could require the district to pay property taxes, and would have some impact, Broderick said.
Amendment 61 would limit the ability of the district to acquire new debt, and the definitions of what would qualify as debt would have to be hammered out if the amendment passes, he added.
More 2010 Colorado elections coverage here.
