WHAT REFERENDUMS C AND D PROPOSE
Referendum C loosens state spending limits for five years, asks taxpayers to give up a total of $3.7 billion in tax refunds over those five years, boosts the base line for calculating future spending growth and lets the state spend more money on roads, schools and health-care programs.
Referendum D allows the state to borrow up to $2.1 billion for 55 road projects, for school repairs in poor districts as required by a legal settlement and for mandatory payments to pensions for firefighters and police officers.
The nonpartisan Legislative Council says taxpayers would give up an average of about $500 total in tax refunds over the five years. Referendum opponents say the amount would be higher.
More online: Read The Post’s recent four-part series examining Referendums C and D. www.denverpost.com
