Vote "No" on Denver's bonds to reject irresponsible debt (Letters)

Vote “No” on Denver’s bonds to reject irresponsible debt

After reading my ballot, I researched previous bonds that were passed by voters. The Rise Denver bond in 2021 was $260 million, and the Elevate Denver Bond in 2017 was $937 million. I added up the 2A to 2E bonds this year, and the total is up to $950 million. The total for all of these bonds adds up to more than $2 billion.

The debt repayment for the current bonds is about $1.9 billion. The ballot states, “without imposing any new tax,” but that is not completely correct. The reason is that all these bonds are paid through commercial and residential property taxes in Denver County. The mill levy could go down if voters say no, and if voters say yes it also could have to increase to pay for these billions of dollars if property valu