The South Metro Fire Rescue (SMFR) Board of Directors affirmly supports the ballot question regarding the repeal of the Gallagher Amendment and urges SMFR electors to vote YES on Amendment B.
Previous adjustments required by the Gallagher Amendment have reduced the Residential Assessment Rate to its current 7.15%, resulting in significant reductions in residential property tax revenue to the District necessary to provide fire, ambulance, emergency medical and other emergency and life safety services. If Amendment B does not pass, the Residential Assessment Rate is anticipated to drop even further from 7.15% to 5.88%, representing nearly an 18% drop in residential property tax revenue to be received by the District.
The projected reduction in the Residential Assessment Rate will have a significant impact on fire service agencies throughout Colorado, some of which are neighbors and mutual aid partners of SMFR, which limits the ability to provide the most effective, regional response to wildfires and other significant emergency incidents. While SMFR has taken previous bold actions through the unification of several fire agencies to improve service and support long-term financial stability, the projected reduction in the Residential Assessment Rate, coupled with projected decreases in non-residential property values, results in unsustainable losses in revenue that may necessitate cuts to spending on essential emergency and life safety services.
The Colorado Fair Campaign Practices Act authorizes local governments to adopt resolutions in support of or opposition to ballot issues, and it is the desire of the Board of Directors of SMFR to express its strong support of Amendment B. To read full resolution, please click here.