What can a district buy for a BILLION dollars?

One of the many signs that metropolitan districts are open to abuse and not designed to serve public interests is that the "voters" during the early years of metropolitan districts are approving ballot measures (with almost always 100% approval rates) that rarely (if ever) would be approved by the voters living within the boundaries of any other governmental entity. Specifically, newly created metro districts typically are submitting ballot measures to "voters" requesting voter authorization to borrow hundreds of millions (and in some cases billions) to fund the construction of public infrastructure in subdivisions designed for less than 1,000 homes targeting middle-class homeowners and such ballot measures are passing with 100% voter approval rates. In addition, the amount of debt requested on these ballot measures typically far exceed the amount required to install public infrastructure within these metro districts. Only North Korea reports similar approval rates as Colorado metro districts when it comes to "voters" authorizing their governments to exercise extreme governmental powers.

Colorado International Center Metro District No 3 (CICMD3) is one example of a metro district that possesses extreme taxation and borrowing authority despite none of the homeowners living in the 658-single family home neighborhood in Aurora ever participating in the election that occurred prior to the construction of any homes authorizing CICMD3's taxing and borrowing authority. In 2004, the "voters" of CICMD3 approved ballot measures authorizing CICMD3 to borrow up to $4.8 billion to fund public infrastructure projects and to levy up to $20 million in property taxes per year to fund CICMD3's operations and public services. (With homeowners now in control of CICMD3's board, CICMD3's annual budget to fund operations and services is about $500,000 - far less than the $20 million annual tax authority granted by past "voters".)

The construction of streets, parks, water lines, sewer lines, perimeter fencing and walls, etc for residential neighborhoods (whether 200 homes or 1,000 homes) does not cost anywhere close to $1 billion. Legitimate taxpayers and voters would not (and never have) authorized such excessive spending by their local and state governments.

For perspective, below is a list of construction projects far more costly and complex than metro district-funded streets, water lines, sewer lines and parks in Colorado residential neighborhoods.