assessor - faq

   

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What is the formula for calculating taxes?

Current Actual Value x Assessment Rate* = Assessed Value

Assessed Value x Tax Rate (Mill Levy) = Estimated Property Tax

*Current Assessment Rate (2006 and 2007) is projected to be 7.96% for residential property and 29% for all other property. The Colorado State Legislature adjusts the residential assessment rate in reappraisal (odd- numbered) years.

ACTUAL VALUE X ASSESSMENT RATE X MILL LEVY = ESTIMATED PROPERTY TAXES.

Who sets the tax rate of mill levy?

Tax rates (mill levies) are determined by each taxing authority (County, City, School District, Fire Department, Water & Sanitation District & Recreation District) in the fall of each year. These authorities provide services to you and are listed on your last tax notice.  Amendment 1, known as the Tabor Amendment approved by the voters in 1992, restricts the ability of taxing authorities to raise tax rates or revenue without voter approval. Some tax authorities have chosen to provide temporary tax credits, which allows the tax district to maintain its official mill levy and not exceed revenue limits.

How do I change title or name of ownership on my property?

The title on property can be changed via a recorded deed. The Assessor’s Office is an "office of record," which means changes in ownership or property boundaries are done based on recorded deeds, surveys, subdivision plats & other documents pertaining to ownership.  Deeds must be recorded at the Clerk & Recorder’s Office before the Assessor’s records can be modified to reflect any changes.

Should I bring you a copy of the recorded deed?
It isn’t necessary to mail or bring us a copy of the recorded deed. The Assessor’s Office accesses all recorded documents from the Clerk & Recorder’s Office that concern ownership changes.
What if I change my address?

It is the responsibility of the property owner to notify the Assessor’s Office of any change in mailing address. To protect the taxpayer from an erroneous address change, the address used by the Assessor’s Office will not be changed without the property owner’s written consent.  For your convenience, you may download an address change form from this site, complete & mail. Every year, many people don’t receive the notices we send because they have not kept us advised of their changed addresses.

Can I pre-pay my taxes?

It is necessary to contact the La Plata County Treasurer’s Office at  (970) 382-6352 or at: P O Box 99 Durango, CO 81302.

When are the tax bills mailed?

Please contact the Treasurer's Office (see above).

What should I do if I don't receive a tax bill or my taxes aren't paid?

Please contact the Treasurer's Office (see above).


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