C.R.S. Section 22-30-201
Joint taxation districts

  • authorized

(1)

Intentionally left blank —Ed.

(a)

A plan of organization in which one or more new school districts are formed within the boundaries of an existing school district may provide that any two or more school districts included in the plan shall comprise a joint taxation district. The boundaries of the original school district shall be the boundaries of the joint taxation district. A joint taxation district formed pursuant to this part 2 shall be a body corporate and a political subdivision of the state.

(b)

A joint taxation district may be formed to incur bonded indebtedness for the purposes listed in section 22-42-102 (2)(a) and raise and expend property taxes to retire such bonded indebtedness or to raise and expend additional local property tax revenues in excess of the participating school districts’ total program, pursuant to section 22-54-108 or 22-54-108.5.

(2)

Intentionally left blank —Ed.

(a)

A plan of organization that involves a joint taxation district may provide that two or more school districts that result from the reorganization of a single school district may share the valuation for assessment of the taxable property in each school district for the purposes stated in the plan of organization, as limited under paragraph (b) of subsection (1) of this section.

(b)

For the purpose of determining the limit of bonded indebtedness pursuant to section 22-42-104 for any school district that is participating in a joint taxation district, a portion of the bonded indebtedness of the joint taxation district, determined pursuant to the apportionment formula in the plan of organization, shall be added to the bonded indebtedness of the school district. The total bonded indebtedness of the joint taxation district, as apportioned among and added to the bonded indebtedness of the participating school districts, shall not cause any of the participating school districts to exceed its limit of bonded indebtedness pursuant to section 22-42-104.

(c)

The plan of organization:

(I)

May place a limit on the bonding capacity of the joint taxation district in addition to any other limitation on bonded indebtedness;

(II)

Shall specify whether the joint taxation district shall continue indefinitely or for a specified period of time;

(III)

Shall include a formula for the equitable apportionment of tax revenues from any property tax levied by the joint taxation district;

(IV)

Shall include a formula for apportioning the bonded indebtedness of the joint taxation district for the purposes of section 22-42-104 among the participating school districts;

(V)

Shall provide that the joint taxation district becomes a body corporate at the time the reorganization becomes effective or at some other time as specified in the plan of organization.

Source: Section 22-30-201 — Joint taxation districts - authorized, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-22.­pdf (accessed Oct. 20, 2023).

22‑30‑101
Short title 22‑30‑102
Legislative declaration 22‑30‑103
Definitions 22‑30‑104
Conduct of elections 22‑30‑105
Activation of the school district organization planning process 22‑30‑106
School organization planning committee 22‑30‑107
Duties of the committee 22‑30‑107.5
Duties of affected school districts 22‑30‑108
Vacancies 22‑30‑109
Meetings - notice 22‑30‑110
Names certified to commissioner 22‑30‑111
Compensation - expenses 22‑30‑112
Department consultants 22‑30‑113
Duties of the attorney general 22‑30‑114
Requirements for plan of organization 22‑30‑115
Hearing on a plan of organization 22‑30‑116
Approval of the plan and submission to the commissioner 22‑30‑117
Special school district organization election scheduled 22‑30‑118
Meeting to explain final approved plan 22‑30‑119
Certificate of return - map 22‑30‑120
New school district - powers 22‑30‑120.5
Effective date for purposes of school finance 22‑30‑121
Rejection of final approved plan 22‑30‑121.5
New school district - election concerning financial matters 22‑30‑122
Election of school directors in new school districts 22‑30‑123
Status of old school district - assets 22‑30‑124
Existing bonded indebtedness 22‑30‑125
Election on assuming the existing bonded indebtedness 22‑30‑125.5
Authorization of new bonded indebtedness or assumption of existing bonded indebtedness 22‑30‑126
Limit of bonded indebtedness - new school district 22‑30‑127
New school district - bonded indebtedness 22‑30‑128
Detachment and annexation of territory - exemptions from school district organization planning process 22‑30‑129
Dissolution and annexation - exemptions from the school district organization planning process 22‑30‑201
Joint taxation districts - authorized 22‑30‑202
Joint taxation board
Green check means up to date. Up to date

Current through Fall 2024

§ 22-30-201’s source at colorado​.gov