5.5% Property Tax Revenue Limit

... All statutory tax levies ... shall be so reduced as to prohibit the levying of a greater amount of revenue than was levied in the preceding year plus five and one-half percent ("5.5%")...

The statutory "5.5%" Property Tax Revenue Limit, also known as the "Annual Levy Law" (Section 29-1-301, et seq., C.R.S.), applies to most statutory local governments that levy for property taxes. It does not apply to home-rule municipalities.

For subject governments, the "5.5%" limit restricts the amount of property tax revenue that may be collected each year.

The "5.5%" Property Tax Revenue Limit is not a TABOR limit found in Article X, Section 20 of the Colorado Constitution. The Division of Local Government (the Division) does not calculate or enforce TABOR limits.



Desi Santerre
Finance and Research Analyst
(303) 864-7733