Real Colorado property tax reduction on the ballot in 2024

Real Colorado property tax reduction on the ballot in 2024

I wrote last week about proposition HH to eliminate Tabor under the guise of property tax relief.  It is a bit ironic that it was just announced that there is a new property tax initiative that qualified for the 2024 ballot, initiative 50.  The new initiative would...
Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Property taxes in Colorado are off the charts with many seeing an increase of 40% plus in the last assessment which is considerably higher than any inflation measure.  Lawmakers took up the cry from voters with a vengeance coming up with a solution that not only makes...
Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Hopefully many of you on this list took the time to appeal your Colorado property taxes.  I absolutely did!  For my appeal, I filed the formal appeal and also spoke with the assessor to discuss.  I got my letter this week and the assessor refused to adjust the value...
New lawsuit could void Colorado property tax relief

New lawsuit could void Colorado property tax relief

The ink was not even dry on the new proposal to reduce property taxes and radically alter Tabor that is supposed to go to voters in November when a lawsuit was filed.  Although, many legislators are acting surprised, the lawsuit was so obvious based on how the bill...
Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming majority...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new proposal? ...