DOLA submits preliminary CO Residential Property Tax Assessment Rate Study
Denver, CO – Friday January 13, 2017 – Today the Department of Local Affairs’ (DOLA) Division of Property Taxation submitted their preliminary findings for the Colorado Residential Property Tax Assessment Rate Study to Governor John Hickenlooper, the State Legislature and the State Board of Equalization. This initial information is based on current estimates of property values supplied to the Division by the sixty-four county assessors of the state. An updated report will be provided in April after Counties have completed the bulk of their valuations.
This study is required under Colorado Statute, § 39-1-104.2(6) C.R.S., and is produced biannually under the supervision of the State’s Property Tax Administrator, JoAnn Groff.
To read the complete document, visit: http://bit.ly/2jMthRa