In 2018, the voters of the Poudre Valley Fire Protection District voted to allow the District to retain and spend revenues in excess of the TABOR limit. Removing that limit is known as deBrucing and this allowed the District to continue to meet the needs of the community.
However, in 2024, the State Legislature passed HB24B-1001, which put a new 5.25% cap on annual property tax growth for local governments. In doing so, the District can no longer keep the funding it had relied on in years past.
If voters were to approve waiving the 5.25% cap through a potential ballot measure in November, the Poudre Valley Fire Protection District would still have to go to voters to pass any future tax increase. This would only remove the cap.
If voters were to approve waiving the cap, it is not a blank check for the District. This potential ballot measure would only allow the District to retain all the new growth revenue above the 5.25% cap.
If approved, the ballot measure would not increase taxes.
Here is a look at projected property tax revenues for the District from 2025 - 2031 with and without the cap. As you can see, waiving the cap provides significant property tax revenue for the District without increasing taxes. The projected increase in revenue is driven by increasing property values and population growth in the District. This additional revenue would be used to fund Emergency Services and keep up with rising costs.
Learn more about the impact to emergency services and how the additional revenue would be allocated on our Emergency Services page if the cap were waived by District voters.
