If you are a resident of Colorado, you might be receiving some exciting news soon. It is because the state government has started making preparations to distribute the TABOR refunds. If you are eligible for the refund, you might receive around $1130 from the state government. The refund will act as a financial relief for those individuals who are struggling in terms of money and are not able to cover daily expenses.
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$1,130 Payment Refund 2025
There has been a big refund initiated by the state government of Colorado that will help many residents financially. The refund is under the Taxpayer Bill of Rights, under which if in the case the revenue generated in the state exceeds the determined threshold, a portion of the proceeds is distributed among the people living in the state. As of 2025, the amount determined for the refund is around $1130.
Seniors in the state have already started receiving their refund checks. The payment refund is mostly beneficial for those individuals who completely rely on the government benefits and pension and do not have any steady income.
If you are living in Colorado and have been paying your taxes duly, you also might receive the refund amount. In this blog, you will get to know about the TABOR and its working with the eligibility criteria that need to be met for receiving the refund amount.
$1,130 Payment Refund from TABOR in 2025: Overview
| Article on | $1,130 Payment Refund from TABOR in 2025 |
| Country | U.S.A |
| State | Colarado |
| Department | Colorado Department Of Revenue |
| Program | Taxpayer’s Bill of Rights (TABOR) |
| Beneficiary | Residents of Colorado |
| Refund Check Amount | $1,130 per eligible candidate |
| Official website | tax.colorado.gov |
What is the TABOR in Colorado?
The taxpayers’ bill of rights, also known as the TABOR, is a tax constitutional amendment in which the surplus revenue of the state generated over a year is district among the eligible taxpayers residing. It was started in 1992 by the state government. The main aim of the TABOR is to create a limit on the collection and spending of the state revenue. And in those years when the revenue crosses the threshold, the extra amount is then given back to the resident as a refund.
“Constitutional spending limits are an effective means to control the growth of spending and protect the interests of taxpayers. Other states can learn a lesson from Colorado.” – ITR Foundation.
There is no fixed amount of the refund, as the revenue varies from year to year. Also, it is not necessary that the refund is initiated every year; it depends on the condition of the threshold, and only if there is a surplus, then residents are given the amount.
The TABOR system is appreciated by many as it is a way of guaranteeing that people are paying taxes to the government and also controls the government’s spending. But many argue that the surplus amount should be used in improving the infrastructure, like the education system and buildings, rather than returning the amount to the people. And if this happens, it would help the state proper.
“TABOR says that state revenue cannot grow faster than the rate of inflation plus population growth without voter approval. But here’s the problem: the TABOR cap doesn’t grow fast enough to keep up with the real-world costs of running the state.” – Colorado Fiscal Institute
TABOR distribution over the years
| Fiscal Year | Tax Year (Refunded To Taxpayers) | Total Surplus (approx) | Typical Refund Amount |
| FY 2024 | 2025 | Around $4.8 Billion | Around $1,130 |
| FY 2023 | 2024 | Around $4.1 Billion | $800 |
| FY 2022 | 2023 | Around $3.7 Billion | $750 |
Benefits of the TABOR refund payment
The TABOR refund payments in Colorado, although with many negative criticisms, have been beneficial for many individuals. Especially for those individuals who have financial hardship. The refund can help in financial planning and also reduce stress.
As inflation is rising day by day, and with that, the cost of daily goods and services is also rising. In these times, the extra money could help lead a better life. As seniors have started receiving their refund amount, they have started spending it, which is strengthening the community business. These are the primary benefits of the TABOR refunds (for seniors)
- It will help cover the cost of utility bills, groceries, and other daily expenses.
- It helps in supporting the costs related to healthcare and travelling expenses, in case of medical appointments.
Eligibility Criteria and the Distribution Process of the TABOR payment
There are some Eligibility criteria for the refund payment that one has to meet. Below are the common requirements.
- The person should be a resident of the State of Colorado
- The ITR should be filled out duly, even if the income is non-taxable
- If the person is categorized in a particular age group, they might receive a higher payment.
Distribution process
- The Colorado Department of Revenue issues the refunds and calculates the amount on the basis of the eligibility criteria.
- The payments are made via direct deposits, or checks are made to the residential addresses. It is an automatic payment theredife there is no additional payment process.
- No paperwork is required, nor even additional documents required to receive the amount.
Summary
The state government of Colorado has issued a refund of $1130 to all the eligible taxpayers of the state. The amount is based on the surplus revenue generated in a fiscal year under the TABOR. If you are eligible for the amount, you will be receiving the $1130 payment soon, either via direct deposit or paper check. Make sure to follow the official site or updates.
Frequently Asked Questions
Do all the seniors in Colorado need to apply for the 2025 TABOR refund?
No, seniors do not need to apply. The payments are made automatically based on the eligibility criteria.
How will the eligible senior receive the refund?
Refunds are initiated through direct deposit or by paper checks. It depends on how taxes were filed.
Can seniors with low or no income still get the refund?
Yes, seniors with little or no taxable income may still qualify if they filed taxes and meet residency requirements.
When will the refund be issued?
The refund is typically distributed in the second half of the year, but as of now, there has not been any announcement of official dates.