FOX31 Denver

New property tax may be on November ballot in Denver

DENVER (KDVR) — City of Denver voters will likely get to decide on whether to increase property taxes in order to help Denver Public Libraries.     

The measure passed an initial vote last night.

The goal is to have the choice be on the November ballot where voters will decide whether to increase property taxes to fund the library.  

Here’s what it’s going to cost you: The increase is $1.5 million, which equates to at most $36 million — meaning about $4.19 per month for the average home starting in 2023.

This is where the library said the money would go: 

Here’s a breakdown of those funds:

There will be another public comment period before a final vote on Aug. 22.