Gov. Jared Polis and Colorado legislative leaders announced a deal Monday to provide property tax relief to homeowners and businesses while limiting the hit to school funding.

Lawmakers have exactly a week to move the bill through both chambers of the Colorado General Assembly, where Republicans have slowed the movement of bills to a crawl with extended floor debates.

That bill would place Proposition HH on the November ballot. Then Colorado voters would need to give their approval.

“What really ...