
Colorado has something special called the TABOR refund that is released each year. However, in the last several years, taxpayers have seen unusually large payouts. The 2026 cycle looks different, though. There will be smaller refunds and tighter expectations for future years moving forward. TABOR is tied directly to state revenue limits, and this year’s numbers reflect slower economic growth and reduced surpluses. All of that being said, here is what you need to know about the latest changes to the TABOR refund.