Connect with us

Denver, CO

Opinion: Polis’ property tax fix is a bad deal for Colorado taxpayers

Published

on

Opinion: Polis’ property tax fix is a bad deal for Colorado taxpayers


Colorado is still facing a property tax crisis of historic proportions.

Runaway growth in property values caused by a lack of housing supply, growing demand from population increases, and 20-years’ worth of cheap money policy from the Federal Reserve have caused a perfect storm of escalating home values. As home assessed values grow so do taxes triggering property tax increases in all corners of our state.

Just how significant is this year’s property tax increase? An economist at the University of Colorado Leeds School of Business warned that new property tax costs to homeowners could impact consumer spending and cause an economic slowdown.

For the fourth time in as many years, the Colorado legislature has enacted a complicated new law intended to address this problem.

Advertisement

That’s the good news. The bad news is that these Golden Dome political compromises have continued to miss the mark.

Last year, the legislature’s grand agreement on property tax was Proposition HH, a slick-sounding plan that repackaged refunds already owed to taxpayers and called them property tax relief. At the same time, the plan grabbed an even larger sum of taxpayer refunds to spend on public education. While clever, the plan didn’t stand up to scrutiny — there was no real tax relief in it — and the voters defeated HH in a landslide.

This year, the legislature is back with a different inside-the-Capitol deal. While it is better than Proposition HH, and we credit those who fought to get some property tax relief on the business side, the package is still a woefully inadequate response for homeowners being crushed by soaring property taxes.

Rather than materially reducing taxes that homeowners pay, this year’s version of a grand bargain actually increases the total effective property tax rate from 6.3% this year to 6.8%. For the property taxes paid to our schools, the legislature’s agreement would increase the property tax rate even more — to 7.1%.

As with Proposition HH last year, this year’s agreement is a blatant attempt to dress-up an education tax increase in the clothes of property tax relief. It’s insincere. If the legislature wants to increase taxes for our schools, all it must do is ask the voters. To come back with a different variation of the same ploy that voters rejected less than one year ago is equal parts disappointing and disingenuous.

Advertisement

This is only the beginning of the problems with the property tax agreement.

The agreement purports to put a cap on property tax collections at 5.5%. The problem is that the limit wouldn’t apply to local government borrowing or debt, it wouldn’t apply to many (and maybe even most) districts who have already raised their property tax limits, and it would do little to slow the surging increases caused by growing home values.

Here again, it looks like the legislature is trying to snooker the public into believing they implemented a 5.5% cap when what they really enacted was a property tax cap riddled with loopholes and exceptions.

Other concerns with the legislative deal are many — notably, the deal takes us down the road of taxing homes worth more than $700,000 as if they were mansions owned by millionaires.  In many parts of the state, a $700,000 home is below the median cost.

One good aspect of the agreement is that it would reduce the state’s commercial property taxes, a badly needed step after the Gallagher Amendment punished businesses with higher property taxes for decades. But even this raises a question: Why would the legislature address the impacts of soaring property taxes for businesses but ignore those same impacts on everyday homeowners?

Advertisement

For all these reasons, we are enthusiastic supporters of ballot measures that would legitimately reduce property taxes and in a way that balances the legitimate needs of state and local governments. The business community has stuck to its guns in demanding sensible property tax relief, and the voters will get the chance to deliver that this November.

Some interest groups claim that the modest property tax cuts in the ballot measures would cause budget calamity. This is not true. Reducing the rate of growth in state and local budgets is not a cut, a fact that savvy Colorado voters will recognize immediately.

What’s more, these ballot measures actually prevent state government from cutting public education, and the initiatives would require the state of Colorado to fund local services like firefighters, water, and local social safety net programs funded by property taxes.

The truth is, we can implement meaningful property tax relief and fund the government services the public needs.

Tim Foster, an attorney at Coleman & Quigley, is the former President of Colorado Mesa University  and Director of Colorado Department of Higher Education. He also served as the Majority Leader of the Colorado House of Representatives. Jan Kulmann, a Professional Engineer, is in her second term as the Mayor of Thornton. She also serves as vice chair of the Rocky Flats Stewardship Council and is a member of the North I-25 Coalition.

Advertisement

Sign up for Sound Off to get a weekly roundup of our columns, editorials and more.

To send a letter to the editor about this article, submit online or check out our guidelines for how to submit by email or mail.



Source link

Denver, CO

The Broncos haven’t chased a WR for Bo Nix in NFL free agency. Here’s why.

Published

on

The Broncos haven’t chased a WR for Bo Nix in NFL free agency. Here’s why.


Two hours after the deadline swept past the Broncos’ building in Dove Valley, their then-22-year-old receiver at the center of the fanbase’s buzz sat at his locker, coolly pulling on his gear. Nobody was coming for Troy Franklin’s job, it turned out. Nobody was coming for his targets.

Sean Payton had told the locker room as much, as Denver sat on its laurels despite being connected to several receivers in potential trades.

“I just go off of Sean’s word,” Franklin told The Post then in November, at his locker. “He told us we got everything we need in this building, and pretty much all that, ‘the Broncos need other receivers,’ (is) outside speculation. So, it’s really not coming from the building.”

Payton’s word, indeed, has held for three years in Denver, when it comes to his wideouts. In public. In private. The largest in-season trade or free-agent signing the Broncos have made at receiver since February 2023 is … Josh Reynolds, who Denver signed to a two-year deal in the offseason of 2024 and then cut after he played a total of five games. The Broncos have held onto Courtland Sutton as their WR1, invested heavily in youth at the position, and tacked on supplemental rotational names each season. The approach has never changed.

Advertisement

It certainly hasn’t changed, either, two days into 2026’s free agency. Payton said multiple times around the season’s end that Denver had too many drops in the passing game, but the Broncos haven’t shelled out in an inflated receiver market to fix that. They had some interest in former Giants star Wan’Dale Robinson, as a source said last week; Robinson agreed to terms with the Titans on Monday for four years and $78 million. Denver reached out this week, too, on steady former Green Bay target Romeo Doubs; they never made him an offer, though, as Doubs agreed to terms with the Patriots Tuesday for four years and $70 million.

Denver had some interest, too, in former Vikings wideout Jalen Nailor, but he signed for nearly $12 million a year with the Raiders. As of Tuesday, the Broncos hadn’t reached out to veteran free agents Keenan Allen, Sterling Shepard or Marques Valdez-Scantling, sources told The Post. Every puzzle piece across the past couple of days — and the whole last year, really — has pointed to the same reality: Payton likes the Broncos’ current receiver room as-is.

“The thing with the draft, we’ve invested,” Payton said at his end-of-year presser in late January. “We’ve got different — we’ve got speed, we’ve got size, we’ve got all the things I’m used to that you’d want to have in a good offense.”

In that moment, he launched into a strangely detailed explanation of how to catch a football.

Marvin Mims Jr. (19) of the Denver Broncos beats Christian Gonzalez (0) of the New England Patriots for a deep reception during the first quarter at Empower Field at Mile High in Denver, Colorado on Sunday, Jan. 25, 2026. (Photo by AAron Ontiveroz/The Denver Post)

“Most of the times, it’s with your thumbs together, not the other way around,” Payton said then. “The other way around – I’m serious – only exists when the ball’s below your belly button. Even the deep balls should be caught with your thumbs together. So we gotta be better at that.”

Advertisement

Those single few sentences spelled out the end of receivers coach Keary Colbert’s three-year tenure in Denver, and Colbert’s firing was announced mere hours later. The Broncos replaced him with Ronald Curry, a longtime Payton coaching ally who interviewed for the Broncos’ offensive-coordinator job. That single change, it turns out, may be the most impactful move the Broncos make at receiver this offseason.

Denver wouldn’t shell out for a big-money wideout like Alec Pierce, who re-signed with the Colts on a four-year deal worth over $28 million annually, while it’s already paying Sutton $23 million a year on a back-loaded contract. Rising third-year receiver Franklin produced virtually the same numbers in 2025 as Doubs while being at least $15 million a year cheaper. Rising second-year receiver Pat Bryant, when healthy, produced like a bona fide WR3 down the stretch last season.

And Payton, too, continues to pound the drum for more touches for Marvin Mims Jr. (despite being the one who’s ultimately responsible for curtailing his touches).



Source link

Advertisement
Continue Reading

Denver, CO

Golden Triangle apartment complex raises bar for incentives to attract tenants

Published

on

Golden Triangle apartment complex raises bar for incentives to attract tenants


With so many new apartments hitting the market in recent years, landlords across metro Denver are in an incentives arms race to attract new tenants. A month or two of free rent is almost a given, with more buildings offering three to four months. Fees are being discounted or eliminated, and gift cards for new tenants moving in are a common perk.

But the akin Golden Triangle, a newer 98-unit luxury apartment development at 955 Bannock St. in Denver, has pushed concessions to another level. In a sweepstakes, it recently awarded one tenant a $50,000 cash grand prize and the runner-up a year of free rent.

“We wanted to try something new. What we found, more than we thought we would, is that the sweepstakes brought the residents in these buildings together as a community. Management and staff got to know them,” said Rhys Duggan, president and CEO of Revesco Properties, which developed the building in partnership with Alpine Investments.

Duggan said the Revesco team initially considered providing a $100,000 grand prize, but talked themselves down. The sweepstakes, which started in late October, attracted 364 entries. Compared to heading up to Black Hawk or buying a lotto ticket, the odds of winning were much higher, with no money out of pocket required to enter.

Advertisement

Resident Claire Scobee, winner of the $50,000 grand prize, said she planned to save most of the money — after splurging on a shopping spree with her niece, according to a news release by Revesco.

“Winning was a complete surprise and feels like a once-in-a-lifetime blessing,” Scobee said. “I’m most excited to treat my family, especially my niece, and spend a fun day together making memories.”

The second prize winner, Lisa Cordova, said winning a year’s worth of free rent would allow her to focus on a project she has long wanted to do but couldn’t while working full-time.

“It gives me the momentum to finally follow through on a creative endeavor I’ve been wanting to do for a long time,” Cordova said.

Duggan said the Golden Triangle and River North submarkets have seen a lot of supply come online in a short amount of time, which has made it hard to fill up new apartment buildings.

Advertisement

Revesco Properties and Alpine Investments opened the doors on the akin Tennyson at 4560 N. Tennyson a few months before the akin Golden Triangle in early 2025. The akin Tennyson is nearly 90% full, while the akin Golden Triangle building is closer to 60% full, a reflection of how many new units went up in that neighborhood.

The Apartment Association of Metro Denver, which holds a quarterly media briefing to share the latest statistics, reports that concessions in the fourth quarter averaged 9.5% of total rent, which works out to four to five weeks of free rent. For new developments, free rent offers can average closer to three months.



Source link

Advertisement
Continue Reading

Denver, CO

Game Thread: Denver Nuggets vs Oklahoma City Thunder. March 9th, 2026. – Denver Stiffs

Published

on

Game Thread: Denver Nuggets vs Oklahoma City Thunder. March 9th, 2026. – Denver Stiffs


Community Guidelines

Welcome to Denver Stiffs! We’re glad you’re here.

Denver Stiffs is a community where sports fans from all backgrounds gather to share their passion. We strive to create a fun and welcoming place for everyone to come fan with us. These guidelines help ensure that happens. Here’s the short version:

  • Be respectful in your interactions with contributors and fellow fans.
  • Don’t be a jerk, and don’t call other people jerks.
  • We’ll remove anything we see that jeopardizes our communities.
  • We ask that you do your best to keep the conversation to sports and primarily our favorite NBA team. Why? Because there are plenty of other sites where you can air your opinions about everything from politics to soup recipes.
  • You can help with that. If you see something that doesn’t align with our guidelines, let us know. Flag any comments or usernames that violate our guidelines so our community managers can review them.

These rules extend to our communities everywhere: in our comments, on social media, and in real life.

We do not allow any of the following:

Advertisement
  • Personal attacks: This includes name-calling, insults, threats, hurtful comments about someone’s appearance, voice, or style, and all other forms of attacks. We want our communities to be welcoming and fun. Personal attacks are the opposite of that.
  • Attacks on staffers: It’s fine to critique a post, disagree with a take, or point out errors. We draw the line, however, at personal attacks (see above) about writers, editors, moderators, etc.
  • Discriminatory or derogatory language: This includes racism, sexism, homophobia, transphobia, ableism, or other forms of discrimination.
  • Harassment: This includes, but is not limited to, intimidation; stalking; unwanted photography; inappropriate physical contact; use of sexual or discriminatory imagery, comments, or jokes; and unwelcome sexual attention.
  • Wishing harm on athletes: Don’t root for an injury, don’t root for harm to befall a coach or athlete. You can want someone to get fired or released, but please do not hope for bodily harm.
  • Misinformation and disinformation: Sharing demonstrably false information about news or world events, beyond the scope of reasonable sports opinion or analysis, can be harmful to our communities. These comments will be removed and may result in a suspension or a ban.
  • Illegal activity: Don’t promote, encourage, or make light of any kind of illegal activity, including DUIs, domestic violence, or sexual assault.
  • NSFW images and comments: Keep it PG-13, or you will be removed. This includes language and images that are sexual, violent, or generally offensive in nature.
  • Excessive profanity: Fans get worked up on game days, and we’re fans, too. We understand that. As a general rule, keep profanity to a minimum. Some communities prohibit profanity, so be sure to review guidelines for the individual communities you participate in.
  • Multiple accounts and throwaway emails: These are a signal that you’re not interested in being a productive member of our communities, and we do not allow it.
  • Trolling: We know it when we see it, and we’ll remove it. Don’t go to a rival team’s community for the sole purpose of riling up their fans, either. Moreover, you should never publish any private or personally identifiable information. Doxxing is strictly prohibited.
  • The “first post” rule: If you break any of these guidelines with your very first post or interaction, it signals to our community managers you’re just here to be disruptive. Violators may be banned, blocked, or removed.
  • Spam: We have a zero-tolerance policy on spam, which includes sharing links to illegal game streams or downloads. Spam will be deleted and spammers may be banned, blocked, or removed. 
  • Political commentary: Denver Stiffs is a site dedicated to the Denver Nuggets, not politics. There are many sites available on the internet to discuss politics, Denver Stiffs is not one of them. Please refrain from any political commentary while using our site.

Anyone who doesn’t follow these rules when engaging in our communities will at best be removed from the conversation, and at worst will end up banned from that community. These decisions will be made at the discretion of our community managers and other Mile High Sports personnel. Community managers and moderators have final say on interpretation of violating our community guidelines, and on all decisions resulting in a warning, suspension, and/or ban.

If you see any of these things happening in our communities, please flag it and it will be reviewed. You can also reach out via our contact page.



Source link

Continue Reading

Trending