An initiative that would have taken back a budget referendum passed last year will not be making the ballot according to the Denver Post.
Initiative 88, which would have modified “the limit on state fiscal year spending approved by passage of Referendum C at the November 2005 election” is not going to be up for a vote because supporters said they lacked the funds to campaign.From the article:
Jon Caldara, president of the Independence Institute, said he collected signatures for a measure that would have refunded to taxpayers some of the estimated $4.9 billion voters allowed the state to keep last year when they approved Referendum C.
“I believe I have enough (signatures) to get it on the ballot,” Caldara said, “but after 3 months of pretty hardcore fundraising I don’t have the money to get it over the top.”
Democrats responded to the news in a press release, pointing out gubernatorial candidate Bob Beauprez’s support for the initiative.
“Bob Beauprez bragged about being the first in line to support Ballot Initiative 88. Today we see that Ballot Initiative 88 is an embarrassing failure that was shunned by community leaders and business interests,” said Democratic Party Chair Pat Waak in the statement. “Beauprez should be ashamed of himself for supporting something so universally unpopular and flawed.”