Issue 5B adds a property tax to the general fund of Eagle County School District RE50J, whose voters live in Eagle, Garfield and Routt counties. The tax raises $10.1 million in tax collection year 2027. In each later year it raises an amount that, combined with the district's earlier voter-approved general-fund levies, equals the maximum that section 22-54-108(3)(b)(VI) of state law allows. The question names no dollar figure for those years and sets no end date.
A yes vote also lets the district collect, keep and spend the revenue and its investment earnings as a voter-approved revenue change, exempt from the limits of the Taxpayer's Bill of Rights, or TABOR, and any other law. The district's election notice estimates spending in 2026-27, the first full fiscal year, at $158,218,055 without the tax, 26.9% above actual 2022-23 spending.
The ballot estimates the cost at $11 a month per $1,000,000 of assessed value, based on assessment rates as of December 2025, and says the estimate does not reflect future changes in assessed value, assessment rate or law. The supporters' statement instead gives about $133 a year for the average home valued at $1,000,000. It does not state that home's assessed value, so this should not be treated as the annual cost for the same assessed-value base used in the ballot's estimate.
