September 25, 2013

Economic and Fiscal Impacts of Amendment 66 and the Public School Finance Act on the Colorado Economy

The REMI Tax-PI model was used to forecast for this study that the average taxpayer was set to feel the effects of raised taxes on employment opportunities and consumption, but the surplus of funds is slated to positively shape economic benefits in the education sector and the industries that supply goods and services to schools and students as well as construction, software, and hardware sectors. The numbers do, however, leave much to be desired by way of student achievement increases in graduation rate and test scores.

UCO Boulder – Economic Impact of Amendment 66 [full PDF]