Value all real and personal property within Pueblo County for tax purposes, and maintains, keeps, and gathers all property records in Pueblo County (ownership, legals, lot sizes, etc).
Value all real and personal property within Pueblo County for tax purposes.
Maintain, keep, and gather all property records in Pueblo County (ownership, legals, lot sizes, etc).
In Person, Phone or Fax: May 1, 2022 – June 1, 2022
By Mail: Must be postmarked by June 1, 2022
2022 is a intervening year in the State of Colorado.
The protest period for 2022 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 inaccurate or unfair.
This year was a busy year for new House and Senate Bills regarding Valuation changes. Below are a few that will make some valuation and taxation changes.
Mobile Home Property Tax Sales Notice and Exemption:
This bill exempts any titled mobile home or titled manufactured home with an Actual Value equal to or less than $28,000 from property taxation. The exemption is for tax years commencing on or after January 1, 2022.
2023 and 2024 Property Tax:
Short version, every residential improved property will receive a reduction in value of $15,000. Commercial improved property will receive $30,000 reduction in value. All Assessment Rates will be lowering as well.
Controlled Environmental Agricultural Facility as Agricultural Property:
Agricultural equipment and personal property is exempt in a CEA facility- but the burden is on the property owner to claim an exemption for personal property tax.
Sole purpose of the CEA facility is to grow crops for human or livestock consumption. A facility Cannot grow marijuana.
Residential Real Property Tax Classification:
Adds nursing homes to the definition of Residential Real Property regardless of a patient’s length of stay.
A nursing home has to be licensed by CDPHE and meet the definition of a nursing care facility per CDPHE regulations.
Senior Housing Income Tax Credit 2022-2023.
If a senior does not qualify for Homestead Exemption they can apply for an income tax credit of $1,000.
Property Tax Administrative Procedures:
Requires an assessor to include an estimate of taxes or range of estimated taxes.
Requires any valuation sent to the owner of any real property to alert the property owner to the process of requesting an abatement if they do not make a timely objection to their property’s valuation. Likewise, any notice of valuation sent to the owner of commercial property must include contact information for the relevant County Assessor and a specific statement directing the owner to contact the County Assessor if needed for information on how the property was valued.
Requires an assessor who discovers any error that impacts the valuation of a class or subclass of property to recommend to the County Board of Equalization an adjustment to the class of subclass of property to correct the error.
Protest Period will be extended to June 8th.
Regulate Tiny Homes Manufacture Sale and Install:
This bill adds “tiny houses”, which have received an installation insignia from the Division of Housing, to the definition of “residential improvements”. The Division of Housing shall implement rules establishing standard for the manufacturing of tiny houses by July 1, 2023.
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.