It kills TABOR and gives the political poweres in office right now, Democrats, $3.7 Billion to use to pander to unions and buy votes, which may well keep the dems in power for the forseeable future.
My wife and I have planned on retiring to Colorado Springs for over 2 years. We were to move next summer. Today, in the face of evidence of the rot of progressive infestation (which is killing maine and is driving us out) we are looking elsewhere.
Maybe Boise Idaho.
Colorado Springs is a wonderful place to live and has some of the lowest property taxes in the nation. Sometime very soon they are going to have to institute a "no growth" plan here in CS. Our water supply is already streatched thin and they are still building new homes.
Get in before such a plan is put in place and home values sky-rocket. I imagine the enviro-dim-weenies will push for such a measure before long and given this defeat tells me the Dim's may have the means to make such a plan happen. It's good for me personally as a property owner building equity and until more water is reserved for the city will be neccessary.
CS is a very conservative city and has a large population of military personal. It has all the "feel" of a small town without all the liberal non-sense that goes along with a large city (at least how I see it). It will last for a while, just not sure how long.