Some utility customers in Colorado Springs will have a slightly smaller March electricity bill because of a $20 TABOR refund.
The credit comes after the failure of a November ballot issue that sought to retain excess revenue to put toward a new police training facility. The city collected more revenue in 2022 than allowed under the Taxpayers Bill of Rights.
Colorado Springs Utilities customers within city limits will see a $20 credit per electricity account.
In total, the city is refunding about $4.7 million.
Related coverage
- 2A: Colorado Springs mayor concedes in effort to retain TABOR money for police training facility
- ‘That’s not going to save Colorado Springs.’ Residents speak out against proposed ballot measure to help fund new police training academy
- Colorado Springs voters will get to weigh in on $4.75M TABOR retention measure for police academy
