Canon City, CO Council to Put TABoR “Timeout” on Ballot

Thu, Jul 23 2009 — Source: Canon City Daily Record

Canon City council will ask voters in November to suspend tax rebates due to them under the 1992 Taxpayer Bill of Rights (TABoR). Under TABoR the city must return any money beyond what it is allowed to collect to taxpayers. The ballot measure would suspend those rebates for ten years between 2010 and 2020.

Read the story from the Canyon City Daily Record