Weld County to send out property valuations
May 2, 2015
Weld County residents will find in their mailboxes soon their notices of valuation, which are used to calculate property taxes to be paid next year.
The notices will be mailed via postcard, and more detailed Notice of Valuation will be posted online at http://www.weldgov.com under the Property Portal section. Specific property information, including characteristics and sales history also are found in the Property Portal section, according to a news release from the Weld County Treasurer's office.
The value on the Notice of Valuation should reflect market value as of June 30, 2014, except for agricultural land, the release stated. Residential properties, which include single-family homes, homes on agricultural land, multi-family properties, condominiums, and manufactured homes, were appraised using market sales from Jan. 1, 2013, through June 30, 2014. By state law, it is illegal to consider any market information that occurred after June 30, 2014, in the 2015 valuations, the release stated.
The values shown on the valuation represent market conditions as of June 2014, not current conditions, the release stated. Adjustments cannot be made based on current market conditions, which will be taken into account in the next re-appraisal in 2017, the release stated.
The Notice of Valuation is the first step in the process of developing the actual tax dollars due on the property, the release stated. Taxing authorities, such as the county, cities, fire districts and school districts will use the assessed value in establishing their budgets and mill levies or tax rates in December. The taxes that are based on the new 2015 valuations will not be due until 2016.
If the property owner disagrees with the value, they may protest the value during May 2015. The best way for property owners to protest their values is to mail, fax (970) 304-6433 or e-mail firstname.lastname@example.org their protest to the Assessor's Office.
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Property owners should include any pertinent information regarding their estimate of the property value with the protest material. Only information from 2013 and the first six months of 2014 can be included, the release stated. Protests must be postmarked or electronically filed by midnight on June 1. Instructions for completing a written protest are included with the Notice of Valuation or may be found on the county's website.
In person protests will be scheduled by appointment only between 8:30 a.m. and 4 p.m. Call (970) 353-3845 to schedule an appointment. Appointments will be scheduled at the Assessor's Office in Greeley.
Decisions on each protest will not be completed until June 30.
After May 1, 2015, property owners may review property values and characteristics data on the Internet at http://www.weldgov.com under the Property Portal link.