During a recent council meeting, members unanimously approved a resolution supporting a ballot measure aimed at allowing the Regional Transportation District (RTD) to continue collecting and spending revenues without imposing new taxes or increasing tax rates. This resolution, numbered 43 2024, is a response to a measure referred by the RTD board for the upcoming November 5, 2024 election.

Councilor Colty introduced the resolution, emphasizing that it seeks to exempt RTD from future revenue limitations imposed by the Taxpayer's Bill of Rights (TABOR). The council was informed that if the measure does not pass, RTD could face significant financial repercussions, potentially needing to return between $100 million to $200 million annually. This scenario could lead to a reduction of approximately 20% in bus and train services within two years.

The council's support for the resolution reflects a broader trend among Colorado governments that have similarly opted to \"de-Bruce\" from TABOR restrictions. The resolution does not propose any new taxes or tax increases but rather seeks to maintain the current revenue collection framework established by voters in 1999.

With no public comments on the matter, the council moved swiftly to approve the resolution, with all members voting in favor. The meeting concluded shortly thereafter, with no additional items on the agenda.