TABOR refund

 TABOR refund

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On September 30, 2017, the 2016 TABOR refund of $13.22 was applied to active electric customer accounts within Colorado Springs city limits. 

The detail of the adjustment will appear on customer bills primarily in the month of October (running one full bill cycle, with a start date of Oct. 2).  It will be listed in two locations:
  • Page 1:  Listed as an adjustment on the Adjustments/Fees line
  • Final page: Listed as “TABOR REFUND 2016” under Adjustments /Fees

For customers using KUBRA EZ-PAY to make a payment electronically after the Sept. 30, 2017 adjustment was made, the balance due will be $13.22 less than the amount shown due on bills received prior to Sept. 30, 2017.

Ballot Question 2 in the City election on April 4, 2017 asked voters whether, without any increase in taxes, the City may retain and spend up to $6 million of revenues each year which may exceed amounts otherwise authorized for retention in 2016 and 2017 under TABOR (Taxpayer’s Bill of Rights). The measure specified that about $2.8 million in excess revenue from 2016 would be refunded to residents. The measure passed, 65.5% to 34.4%.

The City of Colorado Springs does not have a mechanism in place to distribute TABOR refunds and asked Colorado Springs Utilities, as a City-owned enterprise, to explore the possibility of distribution through utility bills.

  • The City of Colorado Springs set the guidelines for eligibility. Those eligible have an “active” electric service agreement with Colorado Springs Utilities, are a residential or commercial customer, and have a service provided inside the Colorado Springs city limits.
  • Customers with more than one eligible active electric service agreement will receive more than one refund.  (The person on the electric account, even if not the owner of the property, will receive the bill adjustment.)
  • Only one adjustment per active electric service agreement will be issued.
    Refunds (bill adjustment) will be applied regardless of the account balance.
  • Customers with a tax-exempt status listed as a charity, government entity or non-profit will not receive a refund.

To learn more about the refund, including other frequently asked questions, visit coloradosprings.gov/tabor or call (719) 385-5970 for more information.