Some Colorado Springs Utilities customers to get refunds due to $4.7 million in excess tax revenue

Colorado Springs. Nov. 22, 2022.
Kevin J. Beaty/Denverite
Colorado Springs. Nov. 22, 2022.

Some utility customers in Colorado Springs will have a slightly smaller March electricity bill because of a $20 TABOR refund. 

The credit comes after the failure of a November ballot issue that sought to retain excess revenue to put toward a new police training facility. The city collected more revenue in 2022 than allowed under the Taxpayers Bill of Rights. 

Colorado Springs Utilities customers within city limits will see a $20 credit per electricity account.

In total, the city is refunding about $4.7 million.