HB 22-1363 - Establishes Taxpayer Accountability in Special Districts - Colorado Key Vote

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Title: Establishes Taxpayer Accountability in Special Districts

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Title: Establishes Taxpayer Accountability in Special Districts

Vote Smart's Synopsis:

Vote to pass a bill that establishes taxpayer accountability in certain special districts.

Highlights:

 

  • Expands existing requirements on the information a metropolitan district must include on its public website to include information that is required by the service plan of the metropolitan district, by an ordinance or resolution adopted by the board of commissioners of a county, or by the governing body of a municipality (Sec. 1-3).

  • Expands the applicability of statutory provisions governing the approval and oversight of special districts to specify that these provisions do not apply when a special district that was originally approved at any time thereafter becomes wholly included within the boundaries of one or more municipalities (Sec. 1-3).

  • Specifies information to be included in the financial plan that a new district submits along with its service plan (Sec. 1-3).

  • Repeals an existing cap on the amount of the fee that a special district must pay the board of county commissioners for processing review of a service plan (Sec. 1-3).

  • Specifies that approval is also required for any action or omission of a special district that is materially inconsistent with the district's service plan. Expands the list of examples of acts or omissions necessitating approval (Sec. 1-3).

  • Authorizes a board of county commissioners for a district that lies entirely within the territorial boundaries of county or the governing body of a municipality for a district that lies entirely within the boundaries of a municipality to impose a fee to offset the costs incurred by the county or municipality, as applicable (Sec. 1-3).

  • Prohibits a member of the board of a district that approved the issuance of any debt while the member was serving on the board from thereafter acquiring any interest in the debt individually or on behalf of any organization or entity for which the board member is engaged as an employee, counsel, consultant, representative, or agent (Sec. 1-3).

Title: Establishes Taxpayer Accountability in Special Districts

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