Colo. Rev. Stat. § 29-15-104
Issuance of tax anticipation notes
Colorado · Colorado Revised Statutes Title 29 — Government - Local · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 29-15-104, Issuance of tax anticipation notes, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2309736
- Permanent ID
ys:prov:2309736@1- SHA-256
8ad0d9630824b46991f6d14a5e5ed05e4a232ecefc5a7b07545a3c838ed3c292
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) Any public body may issue, from time to time, tax anticipation notes without an election if its governing body determines that the taxes to be received by the public body will not be received in time to pay the public body's projected budgeted expenses. Such tax anticipation notes shall be issued in anticipation of the collection of taxes estimated by the governing body to be received within its then current fiscal year.
(2) (a) Tax anticipation notes shall be both issued and made payable within the fiscal year for which such taxes are levied.
(b) The provisions of this subsection (2) limiting the term of tax anticipation notes shall not apply to tax anticipation notes issued by school districts on and after January 1, 1992.
(3) Tax anticipation notes may be paid from the proceeds of ad valorem taxes on real and personal property, investment proceeds on the ad valorem taxes, or the proceeds from the tax anticipation notes.