Metro Districts

New home, new amenities and new infrastructure. It all comes
together thanks to Baseline’s Metro Districts.

Metro Districts move us forward

Fulfilling the Baseline vision would not be possible without our Metro Districts. Metro Districts allow our community to invest in itself by carefully directing revenue towards important public infrastructure – roads, sidewalks and water/sewer lines, for instance – the basic needs of every city neighborhood. However, it also includes Baseline’s green infrastructure, including parks and open space, recreational trails and pollinator-friendly landscapes. These are the things that create lasting value and enrich the quality of life for homeowners as Baseline grows.

Keeping things transparent at Baseline

Baseline Metro Districts are governed by a five-person Board of Directors, elected by eligible registered voters – including property owners and renters living within the District. The board holds regular meetings the first Thursday of every month, which are open to the public. So people can have their questions answered directly by those responsible for the Metro Districts themselves. Baseline’s Metro Districts also maintain a website with details about the Districts’ services and governance. The intention is to be as transparent as possible and make the operation and value of Baseline’s Metro Districts as clear as Colorado sunshine.

Efficient infrastructure financing

Financing infrastructure through tax-exempt municipal (metro district) bonds is more cost effective than traditional bank financing and yields a lower overall infrastructure cost. The costs are repaid over many years through property taxes, as opposed to being passed entirely through in the initial sales price of a home.

How Metro Districts are funded

Metropolitan districts are political subdivisions of the State and impose property taxes to generate the revenue needed for funding the construction of infrastructure as well as funding operations and maintenance functions. In Colorado, property taxes are paid on the “assessed value” of a property. Residential property currently is assessed at 7.15 % of the actual value of a home (actual value is established by the County assessor). Non-residential property currently is assessed at 29% of the actual value of the property (actual value is established by the County assessor).

We have created a handy calculator so you can estimate how much you might pay based on the assessed value of your property.

Smart, managed growth

Using metropolitan districts to finance the infrastructure of new development allows growth to pay its own way. Due to the passage of the Taxpayer Bill of Rights (TABOR) in 1992, cities and counties often do not have the ability to assist in financing infrastructure to serve new development. Metropolitan districts are an efficient way to fill that void, and offer the ability for the new development, and those who live and work within it, to fund the costs of the necessary infrastructure over time, through the issuance of tax-exempt municipal bonds. To learn more, please visit the official Baseline Metropolitan Districts website or one of the other informative links below.

If you have further questions, we encourage you to join one of our regular public meetings, held the first Thursday of every month. Or email us at INFO@BASELINEMETRODISTRICT.COM

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