5C- Monument Sanitation District TABOR waiver

BALLOT WORDING:

Shall Monument Sanitation District be authorized to collect, retain and expend state grants awarded to the district (and not required to be repaid to the state) for wastewater treatment facility planning, design, construction or improvements needed to comply with the state wastewater nutrients management control regulations and, during any calendar year in which such state and local grant moneys exceed 10% of annual district revenue, shall the district be authorized to collect, retain, and spend all amounts received by the district annually from all revenue sources as a voter-approved revenue change without regard to any spending, revenue raising, or other limitation contained within Article X, Section 20 of the Colorado Constitution?

TRANSLATION:

If ballot measure 5C is passed by voters in the Monument Sanitation District, grants and other money received by the state and other local government agencies will not be subject to revenue and spending limitations as outlined in the Taxpayer’s Bill of Rights (TABOR) in the state constitution. This would allow the district to retain the money, spend it and be exempt from periodic imposed refunds.