Colorado voters overwhelmingly rejected Amendment 66, a $ one billion income tax improve for school funding. The funding was accepted by lawmakers earlier this yr but essential voter approval to take effect, where the measure misplaced by a 66.two% to 33.8% margin.
The measure would have raised revenue taxes from four.63% to five% for taxable earnings up to $ 75,000 a yr. Earnings over $ 75,000 would have been taxed at five.9%, writes Kristen Wyatt of The Related Press.
Officials estimated the tax increases would have taken practically $ one billion a 12 months far more from residents, producing it the greatest tax increase in Colorado history.
“Today Coloradans rejected an imperfect bill to reform our schooling technique that left open too a lot of unanswered inquiries. Possessing invested the last eight months arguing this particular bill was not the right path for Coloradans tonight’s consequence does not suggest education reform is dead in Colorado. We will go back to the drawing board to reform our vitally essential public education system the proper way,” Colorado Treasurer Walker Stapleton stated in a statement.
In closely watched races in Denver, Douglas and Jefferson counties and Thompson Valley schools, voters swept reform-minded school board candidates into all open seats, in accordance to Nancy Lofholm of The Denver Publish.
Voters, nonetheless, rejected conservative and Tea Party backed candidates in Mesa County on the Western Slope. All the Front Variety candidates backed by massive-money donors, such as some substantial profile out-of-staters like former Florida Gov. Jeb Bush and New York City Mayor Michael Bloomberg, claimed college board seats in Denver and Douglas County college districts.
Voters elected all 4 conservative candidates in the Thompson Valley school district, even though voters elected 3 conservatives in Jefferson County.
Colorado businessmen Edward McVaney and Ralph Nagel donated to far more than 18 college board candidates across the state with their candidates obtaining mixed final results. McVaney and Nagel, in certain, backed professional-voucher, anti-union candidates.
Colorado has been a hotbed of debate in excess of visions for the public colleges of the future, from policy and political troubles to district-degree particulars. Jefferson County Schools in Colorado just lately chosen the controversial InBloom to provide a information management program for storing contact info, grades and disciplinary data, check scores and curriculum preparing for the district’s 86,000 students. InBloom offers a remedy that could collect information from the district’s a lot of databases and keep it in the cloud to make entry simpler and shield data with high-degree encryption, but parents are concerned about security and privacy.
Colorado Voters Reject $1B Education Tax, School Boards Shift Toward Reform
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