Mark Counch’s article “Poorest pay more school taxes,” in the April 9th Denver Post is a facsinating analysis of the impacts of competing constitutional ammendents on school financing in Colorado.
The article discusses how state goals of equilizing per student funding across the state combined with the constitutional amendments such as TABOR, Gallagher, and Amendment 23 have created an odd financing equation that ironically eases school spending demands on wealthier communities more than poorer ones.
As the article illustrates, since at least1993, “Colorado taxpayers have picked up an increasing share of the cost of educating children in some of the state’s wealthiest school districts. Although the state’s share of school bills in poorer districts has also grown, homeowners in those districts are paying higher property-tax bills than they used to pay.”
Although the amendments all seemed like good ideas at the time, their combination and location in the state constitution will continue to create headaches for legislators, the Governor, and taxpayers for the forseeable future.
Read the full article . . .
Read Ten Years of Tabor by The Bell Policy Center (PDF)

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Categories: Education · Finance
Saanich, BC wants residential builders to build “green” by cutting “red” tape. It is giving priority to applications for housing projects using energy-efficient components and provide those builders rebates of up to 30 per cent on building-permit fees.
Read the full article . . .
Categories: Energy · Environment · Housing · Innovation · Uncategorized
Seattle and Boston are on opposite coasts but they share a common concern — a lack of affordable housing. And not just a lack of affordable housing for lower income residents. Each city is facing a severe affordable housing shortage for low and middle income residents.
As the Post-Intelligencer reports, the median prices for a house in Seattle was about $450,000 and $290,000 for a condo, while the typical single person in Seattle earned enough to buy a home for just under $200,000. Many median-income workers choose to buy and commute rather than rent and hour commutes each are becoming more and more common and today, only 49 percent of Seattle’s workforce lives in the city.
Boston is looking for ways to build affordable housing lost to the free market. Robert Kuttner writes in the Boston Globe, that the $60 billion of federal money spent between 1965 and 1990 to subsidize private developers to build affordable housing in Boston is now being squandered since there were no requirements to keep the units affordable in perpetuity. Once the initial federal loan is paid off, developers/owners are free to sell or rent the housing to the highest bidder. Consequently, the affordable housing built with at taxpayer support is now becoming a windfall profit for the developer/owner.
Categories: Housing