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Colorado's New Transparency Web Site Shows How Individual Tax Dollars are Spent at www.Colorado.gov/taxtracks

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DENVER - (BUSINESS WIRE) - Colorado State Treasurer Cary Kennedy today launched a first-of-its-kind new service on the Colorado Department of Treasury Web site that shows Coloradans how their individual tax dollars are being spent and encourages citizens to provide feedback about whether they agree with the state's financial decisions.

"Government can only be accountable if taxpayers can see what they are buying and how much they are paying for it," said Kennedy.

The interactive Web site, called Colorado Tax Tracks, available at www.colorado.gov/taxtracks, gives people detailed information on an individual or family basis about how their state tax dollars are being used. Citizens can enter their income and the system instantly provides an interactive report that estimates how much they spent to support different state services. Information is broken down so that taxpayers can see how their tax dollars are allocated to nearly one hundred functions of government from clean drinking water inspections to disease control.

Visitors to the Web site then have the opportunity to vote on whether they agree with how funds are collected and spent.

"Taxpayers need to know if they are getting value for their tax dollar," said Kennedy. "When people pay taxes, they are buying a service and benefit for their community. Colorado Tax Tracks shows taxpayers what they pay and what they buy for their money."

About Colorado.gov

Colorado.gov is the official Web site of the state of Colorado and a collaborative effort between the Statewide Internet Portal Authority (SIPA) and Colorado Interactive, LLC, to help Colorado government entities Web-enable their information services. SIPA is responsible for Colorado.gov. Colorado Interactive operates, maintains, and markets Colorado.gov and is part of eGovernment firm NIC's (NASDAQ: EGOV) family of companies.

About SIPA

The Statewide Internet Portal Authority (SIPA) was created by an act of the Colorado State Legislature in 2004. The mission of SIPA is to provide efficient and effective services for citizens through the use of modern business practices and innovative technology solutions. Additional information is available at www.colorado.gov/sipa.

About NIC

NIC Inc. is the nation's leading provider of official government portals, online services, and secure payment processing solutions. The company's innovative eGovernment services help reduce costs and increase efficiencies for government agencies, citizens, and businesses across the country. NIC provides eGovernment solutions for more than 3,000 federal, state, and local agencies that serve 97 million people in the United States. Additional information is available at http://www.nicusa.com.

Colorado.gov
Dan Morrison, 303-534-3468 x101
dan@www.Colorado.gov
or
Statewide Internet Portal Authority
John D. Conley, 303-866-3992
jconley@www.Colorado.gov


 
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