CMC Foundation Board member: Vote ‘yes’ to support Colorado Mountain College
Editor’s note: Find a cited version of this letter at http://www.vaildaily.com.
I believe we should support Colorado Mountain College’s ballot initiative and vote “yes” on 4B.
A little history: For the past 14 years, the amount we, as individual homeowners, have paid to support the college is $32 per year per $100,000 of assessed property value. Through 4B, this rate will not be raised but may be maintained to keep the college financially sound, ensuring that future generations of students have access to affordable postsecondary education in their communities. Without 4B, Colorado Mountain College will suffer a loss of more than $2.7 million in revenue this year alone.
Support Local Journalism
• CMC graduates are the primary source of police officers, firefighters, nurses, early-childhood educators and hospitality workers in our mountain communities.
• CMC provides free college courses to more than 1,200 high school students in the mountain communities.
• CMC has served nearly 500,000 students since its inception.
• CMC offers each in-district graduating high school senior automatic admission to college and a scholarship to go with it.
CMC is a community asset that we cannot afford to have compromised by the impacts of the Gallagher Amendment. Explosive growth in Front Range property values is causing downward adjustments to local funding, which is compromised by the Gallagher Amendment (in Colorado Constitution) tax rates.
CMC is not asking for an automatic or unlimited tax increase. Rather, Ballot Initiative 4B allows CMC’s elected board to recover only those revenues lost by CMC due to adjustments in the Gallagher Amendment rates on a biannual basis.
Colorado Mountain College Foundation Board
Support Local Journalism
Readers around Vail, Beaver Creek and Eagle Valley make the Vail Daily’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User