Todd Engdahl, Education News Colorado
Advocates of a $950 million education tax increase Tuesday kicked off their campaign with a low-key news release.
The campaign now has a name — Colorado Commits to Kids.
“It’s no secret that we need to invest more in education in Colorado if we want our students and state to have a bright economic future,” said Barbara Baumann, president of Cross Creek Energy Corp. and identified in the release as “supporter” of the effort.
The release was issued by OnSight Public Affairs, a Denver political consulting firm that has been advising backers of the effort.
Supporters are moving ahead with what’s currently called Initiative 22. That measure would raise state individual income tax rates to generate an additional $950.1 million a year to pay for Senate Bill 213, the proposed overhaul of the state’s school funding system.
The initiative proposes a two-step increase in rates.
The business-oriented civic group Colorado Forum filed 16 versions of a proposed ballot measure by a state-required deadline last March. Since then, there have been prolonged behind-the-scenes debates, primarily within the business community, over which version to propose to voters.
There was persistent disagreement over whether to push a flat tax increase or a graduated proposal.
The campaign has until Aug. 5 to gain the 86,105 signatures needed. Political veterans generally feel at least 100,000 signatures should be gathered to provide a cushion for invalid signatures.
Education News Colorado is the education news partner of the Denver Business Journal. EdNews Colorado reports are copyright © EdNewsColorado.org and used by permission. For more EdNews reports, visit http://www.ednewscolorado.org.
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