Metro Districts

With greater frequency over the past two decades, land developers have turned to special taxing authorities called metropolitan districts to raise capital with assessments on future property owners to cover those costs. Over the past few years, the increased use of metropolitan districts has raised questions on current regulations and if municipalities should be doing more?

Loveland’s attention to the topic brought City Council members, citizens and experts together for a town hall on March 1st, 2021, from 6:00 pm - 7:00 pm. Find that summary in the documents to the right. The community discussion at the Town Hall is intended to solicit questions from the public and further inform an April 13th City Council meeting, where the City’s metro district policy will come under close review.

On April 13th, six panelists representing a diverse range of expertise on metro districts will help guide the Council discussion. Topics that will arise are embedded in a 12-point analysis that City Council approved after their last examination; those include:

• Full and fair disclosure of metro district obligations that homeowners would bear;
• Safeguards to prevent changes in terms of metro district borrowing, further protecting consumers.
• Limits on mill levies assessed by metro districts to prevent excessive financial burdens.

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More information on Metro Districts can be found at: www.lovgov.org/services/finance/metro-districts