Neighborhoods to ask voters to mend fences

Willow Creek, Foxridge take separate tacks with improvement questions on ballot

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Residents of Centennial’s Willow Creek 1 and 2 neighborhoods will vote in November on whether to form a general improvement district to build and maintain fences, while voters in the city’s Foxridge neighborhood will decide whether to increase the mill levy for its general improvement district to replace the neighborhood’s fence.

A general improvement district is a local taxing entity created for the purpose of constructing, operating or maintaining specific public improvements or certain services in the district, according to a news release from Centennial.

Residents of the Willow Creek 1 and 2 homeowners associations petitioned the city to form a general improvement district to replace the aging fence on certain arterial roads along the community, according to the release. Following public hearings concerning the formation of the district, the city council referred two TABOR questions to voters for the Nov. 5 election.

TABOR — the statewide Taxpayer’s Bill of Rights — requires a vote of the people to approve a tax increase.

The first TABOR question asks voters to authorize the formation of the district and allow the district to:

• Impose taxes for operations and maintenance up to $33,000 starting in 2020 based on a 0.75 mill levy;

• Avoid decreases in revenues from changes to the residential assessment rate;

• Be exempt from the 5.5 percent statutory limit on revenue growth; and

• Retain revenues of the district as a voter approved change under TABOR.

The second TABOR question asks voters to authorize the district to:

• Incur debt up to $4,340,000 for new fencing;

• Impose up to $285,000 in taxes per year to repay that debt; and

• Retain revenues from the debt, taxes and interest earned on those amounts as a revenue change.

The Foxridge community is looking to replace the aging fence in the community. The board of directors referred a TABOR question to voters to obtain financing for a fence replacement project. The question asks for voter approval for the district to incur debt up to $1,955,000 for new fencing and impose up to $160,000 in taxes per year to repay the debt. The question also authorizes the district to retain the revenues from the debt, taxes and interest earned on those amounts as a revenue change so that the district’s existing budget for operations and maintenance is unaffected by the fence project.

Specific questions regarding the ballot questions should be sent to Centennial’s city clerk at bsetterlind@centennialco.gov.

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