Monument denies district’s bid to increase debt

November 7, 2007 - 12:44 AM
THE GAZETTE

Monument voters overwhelmingly turned down four ballot questions that would have allowed the Triview Metropolitan District to nearly double its debt.

With an average of 65 percent of the vote, voters said “no” to authorizing the district to issue up to $41 million in bonds to pay for water and wastewater improvements, roads and parks. It has $47 million in debt.

“It shows the voters were really reading the issues and looking at what was asked of them,” said opponent Steve Meyer, vice president of the Homestead at Jackson Creek homeowner’s association and head of www.monumentmatters.org.

Triview, which serves about 1,000 homes in south Monument, said the district needs more funds to pay for improvements in existing neighborhoods as well as the estimated 2,000 new homes planned for the district.

Meyer said voters understand Triview’s need for more funds, but this fall’s ballot questions were too broad, he said.

“I think each one of the issues were very poorly worded,” Meyer said. “They just sought too much.”

In other nonschool measures:

Town of Monument

In Monument, 58 percent of voters approved lifting revenue restrictions imposed by the Taxpayers’ Bill of Rights, letting the town keep an estimated $100,000 to $300,000 per year for the next four years.

Officials said the money could be used to improve the town’s senior facilities and refurbish three baseball fields.

For the past 12 years, Monument voters have approved lifting the town’s TABOR caps in fouryear increments, officials said.

Town of Cripple Creek

In Cripple Creek, 76 percent of voters said “yes” to reauthorizing a 0.3 percent sales tax through 2019.

Revenue from the tax will go toward operating costs at the Aspen Mine Center, a social services clearinghouse. The center gets $50,000 per year from the tax, which voters first approved in 2003.

The ballot measure also removes TABOR restrictions on the tax, allowing the center to keep 100 percent of the revenue it generates.

Security Fire Protection District

Voters narrowly defeated the Security Fire Protection District’s bid to receive $600,000 more in property taxes annually.

Just more than 50 percent of voters in the Security-Widefield area voted against the measure. Forty-nine percent voted in favor of the tax increase.

The district’s tax rate would have increased by about 50 percent, meaning the owner of a $200,000 house in the Security-Widefield area would have paid about $53 more a year in property taxes.

The tax increase would have enabled the department to hire nine additional firefighters for its three stations.

Edison Fire Protection District

Voters approved the formation, funding and de-TABORing of the Edison Fire Protection District in Tuesday’s election.

Ballot question 4C passed with 77 percent of the vote to create the district, and 68 percent of voters passed question 4B, establishing the tax rate that will generate $27,000 in annual income for the department.

Sixty-eight percent also voted in favor of question 4C, which frees the district from the Taxpayer’s Bill of Rights requirement that spending only increase in step with a formula based on population growth and inflation. The district will also be able to use grant money.