May is Property Tax Dispute Month
2015 is a reappraisal year in the State of Colorado.
The protest period for 2015 valuations will begin May 1st of this year and will continue for the entire month of May. You can still protest your valuation at that time. A protest is not a complaint about higher taxes. It is an attempt to prove that the estimated market value placed on your property is either in accurate or unfair
Pursuant to Colorado State General Property Tax Law, the duty of the Assessor is to “discover, list, and value” all real property. The Assessor’s Office is required to appraise all real property and to estimate the value for ad valorem taxation purposes.
Land and Improvements: Colorado statute define Improvements as “all structures, buildings, fixtures, fences, and water rights erected upon or affixed to land, whether or not title to such land has been acquired.” 39-1-102(7), C.R.S.
The Personal Property Tax: The Colorado personal property tax is a levy on personal property used in a business or organization. The procedure for applying this tax is similar to that used for real property. The Assessor estimates a value for the property and consolidates the levies; the Treasurer then mails a tax bill to the property owner.
Protest Period : In Person, Phone or Fax: May 1, 2015 – June 1, 2015 By Mail: Must be postmarked by June 1, 2015 source: http://county.pueblo.org/government/county/assessor
Rick’s Note: In the end it is up to you to prove to the Pueblo County Assessor’s office the value of your home.
Tagged: Home Ownership, Property Tax