Prop 103: Tax hikes for education
Posted: 10.17.2011 at 9:23 PM
Updated: 10.18.2011 at 5:35 AM
Prop 103 signs are popping up around the city.  / FOX21: Adam Jukkola
Photo

COLORADO SPRINGS, COLO. -- Election day is just a few weeks away, so here is a closer look at Proposition 103.

The statewide measure is a temporary tax increase for public education.

Signs against Prop 103 are scattered throughout Colorado Springs, but many still said they do not know much about the measure.

"I understand there are some concerns about tax increases, and that it is associated with education," El Paso County voter Barbara Billingsley said.

"I would say a lot of people are in the dark about all of what is coming up in this election," El Paso County voter Dave Cunningham said.

Other election news
Ballots mailed to inactive voters 
Coloradans receive ballots 
Gay marriage debate 

"Not very much, I have seen signs posted along the roadways," El Paso County voter Trudy Castro-Giovanni said.

According to Colorado's Ballot Information Book, Prop 103 would increase the state income tax rate from 4.63 percent to 5.0 percent for five years starting on Jan. 1.

It would also increase the sales and use tax rate from 2.9 percent to 3.0 percent for five years, also starting on Jan. 1.

Finally, Proposition 103 would require the state legislature to spend that money on public education by increasing funding above the amount in budget year 2011-12.

Proponents said the additional funding provided by the measure will help reverse the recent trend of education budget cuts and improve public education, which is important to Colorado's economic future.

Meanwhile, opponents said Prop 103 lacks accountability to taxpayers and may slow the state's economic recovery.

And what about southern Colorado voters, where do they stand?

"I think it is a good idea to help out the schools, because they are short on funding anyway," El Paso County voter Lisa Garr said.

"I do not think at this point in time people have extra money, whether it be charities or schools or whatever," El Paso County voter Louis Kinzer said. "I do not think the federal government should help, I do not think we are in a case where they can spend money either."

"Anything to help the school districts, I have kids going to school, and I want them to have a good education of course," Billingsley said.

To hear more from proponents click here.

To hear more from opponents click here.