Colorado § 29-15-106 Limitation on issuance of tax anticipation notes

Colorado Statutes

§ 29-15-106 — Limitation on issuance of tax anticipation notes

Colorado § 29-15-106

Title 29Government

Art.Tax Anticipation Note Act

This text of Colorado § 29-15-106 (Limitation on issuance of tax anticipation notes) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 29-15-106 (2026).

Text

(1)For all public bodies except school districts, the amount of tax anticipation notes issued by a public body in any fiscal year shall not exceed fifty percent of all taxes estimated to be received by such governing body in its current fiscal year, as shown by its then current budget.

(2)For school districts, the amount of tax anticipation notes issued by the school district in any fiscal year shall not exceed seventy-five percent of all taxes estimated to be received by such school district in its current fiscal year, as shown by its then current budget.

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(1) For all
public bodies except school districts, the amount of tax anticipation notes issued by
a public body in any fiscal year shall not exceed fifty percent of all taxes estimated
to be received by such governing body in its current fiscal year, as shown by its then
current budget.

(2) For school districts, the amount of tax anticipation notes issued by the
school district in any fiscal year shall not exceed seventy-five percent of all taxes
estimated to be received by such school district in its current fiscal year, as shown
by its then current budget.