The money will help homeowners pay their mortgages, homeowner association fees or liens, utilities, delinquent property taxes and homeowner’s insurance
property taxes
Posted inHousing
Coloradans can defer payment on a big chunk of their rising property tax bill. Here’s how to do it.
The legislature passed a bill in 2021 allowing Coloradans to defer payment on any increase in their property tax bill over 4% by making it a lien against their home
Posted inNews
Colorado’s high-stakes property tax battle ends dramatically as opposing sides agree to embrace $700M reduction
Colorado’s property tax arms race ended Friday morning after conservative and liberal groups moved to withdraw the ballot measures they were pursuing for the November ballot that would have dramatically altered the tax code. Democratic leaders in the legislature, meanwhile, vowed not to pursue an opposing ballot initiative that would have prevented property tax changes […]
Posted inEconomy, Housing, News, Politics and Government
Property tax arms race involving Colorado power players grips Capitol as fragile deal starts to deteriorate
A property tax arms race involving some of the state’s most powerful people is unfolding behind the scenes at the Colorado Capitol in the final days of the 2022 lawmaking term, jeopardizing a fragile deal unveiled this week. The deal, backed by the governor and negotiated over several weeks, would reduce projected property tax increases […]
Posted inNews
Colorado governor, lawmakers unveil plan to slash property taxes by $700M to head off business group’s ballot measure
Colorado property owners would get a $700 million break on their rising tax bills over the next two years under a plan unveiled Monday by Gov. Jared Polis and state lawmakers that’s aimed at preventing a business group from pursuing an even larger reduction in November. The legislature, in a deal reached in the final […]
Posted inBusiness, Economy, Housing, News, Politics and Government
Colorado Democrats aim to quickly pass property tax relief to head off ballot measure from business group, conservatives
The debate over how to tackle rising property taxes is poised to dominate the final days of Colorado’s 2022 legislative session, as Gov. Jared Polis, Democratic lawmakers and Colorado Concern, a deep-pocketed business organization, hastily negotiate a plan to provide relief that’s sufficient but that doesn’t also deny local governments billions in future funding. With […]
Posted inBusiness, Economy, News, Politics and Government
Colorado’s taxable home values could skyrocket in 2023
The taxable value of Colorado homes is expected to rise dramatically in 2023, according to the most recent forecast by the General Assembly’s economists – and not just in the white hot Front Range and mountain resort real estate markets. As families flee high housing prices in those areas, they’re pushing up prices on Denver’s […]
Posted inOpinion, Opinion Columns
Zornio: Colorado’s 2021 elections are too important to skip. Here are my picks
It’s the best time of year in Colorado: yellowing aspens, cool mountain air and ballots arriving effortlessly by mail. As a state, we feature one of the most robust vote-by-mail systems in the nation. Regrettably, off-cycle elections can still see a drop in turnout, and sometimes lead to changes that may not otherwise reflect the […]
Posted inHousing, News, Politics and Government
Property taxes would more than triple for Colorado short-term rental owners under statehouse proposal
Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals. The proposal would tax vacation homes like hotels and motels, which are subject to a higher assessment, on the days they […]
Posted inEconomy, Growth, Housing, News, Politics and Government
Proposition 120: Voters will decide if Colorado property taxes will go down — at least for some
Colorado’s residential property taxes are already among the nation’s lowest, but a measure on the 2021 statewide ballot would drop them ever lower — for some. Proposition 120 would, if approved by voters, reduce the property tax assessment rates for multifamily housing to 6.5% from 7.15% starting in 2022. If you owned affected property valued […]