In April, Colorado county assessors warned property owners that unprecedented gains in home values over the past two years -- spikes of 33% to 47% across metro counties -- would lead to record-setting valuations and significantly higher property taxes
An unprecedented number of metro Denver homeowners challenged their surging property valuations this month, leading some counties to struggle to review all of the appeals by state-mandated deadlines.
It’s still too early for homeowners to know the exact impact on their tax bills because the various county commissions, school boards, fire districts and other taxing authorities have not set their annual millage rates. The new tax bills will come in January after rates are set in December.
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