We all were shocked to receive our our property tax assessments. Unfortunately, they were calculated at the peak of the market in June, 2008. You have until May 31st to protest.
Beyond that, the only other process available to reduce you tax burden is to contact the the taxing authorities that collect tax dollars based on mill levies. Unless these mill levies are temporarily reduced, your taxes will be higher based on the "valuation windfall". Your property taxes are calculated by mulitplying the assessed value times the mill levy rate.
Many of these taxing districts were voted into existence when times were good. What difference did a few more property tax dollars make? Now, times aren't so good and the taxing districts will receive a 50% property tax windfall while many property owners are trying to stave off foreclosure.
The local taxing authorities are listed below. Make a call and express your outrage. Request that they do the right thing by reducing their mill levy to a reasonable increase of 5%-10%.
Beginning in August and September, new mill levies will be set by the taxing authorities. You might want to contact the Pitkin County Commissioners and the Aspen City Council. The area code is 970.
City of Aspen - 920-5027
Aspen Historical Park/Recreation - 925-3721
Aspen Valley Hospital - 544-1261
Colorado Mountain College - 945-8691
Pitkin County Open Spaces and Trails - 920-5203
Snowmass Water and Sanitation - 923-2056
Town of Snowmass Village - 923-3777
Aspen Fire Protection - 925-5532
Basalt Rural Fire Protection - 704-0675
Carbondale Fire Protection - 963-2491
Snowmass Wildcat Fire Protection - 923-2212
Aspen Village Metro - 925-3475
Buttermilk Metro Water - 925-3475
Crown Mountain Park and Recreation - 963-6030
East Aspen Metro - 544-5114
Five Trees Metro - 925-3475
Gateway Metro - 927-4262
W/J Ranch - 926-6060
Posted by gary on
May 20, 2009 in