What will my taxes be?

The exact amount of taxes is an estimate until the tax rate or mill levies have been certified and approved by the Board of County Commissioners (BOCC). According to Colorado law, each taxing authority must provide their mill levy to the BOCC by December 15th. The Board then certifies the mill levies by December 22nd. In the following January, official tax notices are mailed by the County Treasurer based upon these approved mill levies. Therefore, after January 1 of each year, you can contact the County Treasurer for the exact amount of property tax. The Assessor does not levy or collect taxes, they value your property.

Calculating taxes for Residential Properties:

Actual Value x Assessment Rate = Assessed Value, then Assessed Value x Mill Levy = Tax Amount 


Calculating taxes for Non-Residential Properties:

Actual Value x Assessment Rate = Assessed Value, then Assessed Value x Mill Levy = Tax Amount


Example ~ If you have $1,000,000 actual value of real property and the mill levy is 45, what will the taxes be? $1,000,000 x 0.0715 = 71,500.  71,500 x 0.045 = $3,217.50 tax amount

Show All Answers

1. How do I contact the Assessor's Office?
2. What does the County Assessor do?
3. How is my property value determined?
4. When are properties revalued?
5. What time frame does the Assessor use for sales data when revaluing properties?
6. What will my taxes be?
7. Who sets the assessment rate?
8. What is a mill levy?
9. What is the difference between the assessment date and the appraisal date?
10. What will happen to my value if I improve my property?
11. Will I be penalized if I don't let the Appraiser in when an inspection is requested?
12. What is the Senior Property Tax Exemption in Colorado and how does this affect my taxes?
13. What is the difference between the Assessor and Treasurer?
14. How do I do a title search?
15. How can I find historic values on properties?
16. How do I get access to your database webpage?