{"data":{"id":"us-co/c.r.s.-32-11.5-401","jurisdiction":"us-co","citation":"C.R.S. § 32-11.5-401","heading":"Taxes.","body":"Subject to the election requirements specified in section 32-11.5-205 (2)(c)(II) and the limitations specified in part 3 of article 1 of title 29 C.R.S., the district may levy and collect ad valorem taxes, levied at a rate of no more than five mills, on and against all taxable property within the district. The proceeds of ad valorem taxes may be used for any authorized purpose of the district including, but not limited to, the funding of reserve funds to be used to repay bonds issued pursuant to section 32-11.5-402, defray maintenance, operation, and depreciation costs of facilities, and improve facilities.","path":["Title 32 - SPECIAL DISTRICTS","Article 11.5 - Fountain Creek Watershed, Flood Control, and Greenway District","Part 4 - TAXES AND BONDS"],"source_url":"https://olls.info/crs/crs2026-title-32.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"5f02810bfccfc644750effeb7843ef4279c0062127b6422263ec4c9a0de0fc13","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-32-11.5-301","next":"us-co/c.r.s.-32-11.5-402"},"notice":"GroundRules: Original legal text. Not legal advice."}