Colorado

There have been a number of controversies concerning the tax-exempt status of YMCAs around the nation, most recently in Kansas, where for-profit health clubs contended that they were no different than YMCAs and deserved YMCA-like tax exemptions. Although the “C” in YMCA stands for “Christian,” the notion of a YMCA as a religious entity doesn’t seem to have been much of a consideration. But it has apparently been an issue in Colorado, where earlier this month the Colorado Board of Assessment Appeals approved a full property tax exemption for religious use to the YMCA of the Rockies. Read More

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Larimer County commissioners have decided to appeal the decision by the Board of Assessment Appeals on Friday that granted the YMCA a religious property tax exemption. Read More

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Centennial City Council has increased the tax exemption for business personal property to $100,000, an attempt to make life easier for existing businesses and attract new ones. Read More

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There’s a new person to loathe when your property taxes increase again (yes. that’s right. they NEVER decrease) Read More

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Morgan County is preparing to fight Safeway Inc. in Colorado over the value of its property. Read More

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Tax breaks are coming to a number of Colorado small businesses and ride-sharing-app services Uber Technologies and Lyft will continue to operate, thanks to bills that Gov. John Hickenlooper signed into law on Thursday. Read More

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Two days before a trial de Novo was scheduled to be heard by District Court Judge Martin Gonzalez, the plaintiffs proposed a settlement agreement with the Saguache County Assessor and County Board of Equalization over the reassessment of their properties in the Town of Crestone and some parcels in the Baca Grande subdivision. According to Elaine Johnson, one of the property owners bringing the action, the “case resulted in a very favorable settlement for the owners two days before the start of trial.” Read More

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 While in Colorado last week, U.S. Sen. Michael Bennet emphasized the need to reinstate funding for the Payment in Lieu of Taxes, often called PILT payments. Read More

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 Federal foot-dragging could mean millions in lost revenue for Eagle County, and could gut the county’s community grant program. Read More

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Storm Mountain Ranch owners failed in their appeal to keep agricultural tax status for the building envelopes of their luxury homes but succeeded in reducing the valuation of that land. Read More

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Property tax appeals in which Dillard's claimed its Longmont store had been "overvalued" by Boulder County can be used as evidence in a hearing to set the store's value now, the Boulder County District Court ruled Tuesday. Read More

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Efforts to place Initiative 22 on the upcoming November ballot and its $1 billion push to flush the state's school finance system with new cash and raise state income taxes have district officials on the Western Slope scrambling to determine just how the new legislation – the first major attempt to overhaul the state’s school finance rules in two decades – will impact local districts. Read More
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Looking for a good show now that your favorite TV program is on summer hiatus? Why not watch the “Is There a Tiff About TIF?” program sponsored by the League of Women Voters of Larimer County? Read More

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Many property owners in Delta county were surprised to see their assessed valuation plummet this year, some by as much as 20%. The county's valuation came in $23 million less than last year, for a total just shy of $300 million. The county relies on a portion of these property taxes for just two percent of its operating budget, but that still amounts to a significant amount of money. Read More

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Larimer County is sending out nearly 9,000 delinquent property tax statements for the property tax year 2012, payable in 2013, this week. Read More

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