Concerning Transparency for Special Districts SB21-262

Metropolitan Districts are independent governmental entities authorized by cities and counties to construct and maintain public improvements. Under state law, metropolitan districts can only construct public infrastructure such as roads, water infrastructure, wastewater infrastructure, and parks.

Metropolitan Districts Keep the Cost of Housing Low by providing governments access to low-cost capital for public infrastructure early in the development cycle. This increases the supply of housing, ultimately lowering the cost of homes in the market.

Metropolitan Districts Ensure that Growth Pays Its Own Way. They allow new growth to pay for public infrastructure directly benefitting them rather than imposing those costs on all residents of a municipality or county.

Passing SB21-262 Was An Important Step Toward Ensuring Special Districts Operate in a Transparent and Accountable Manner