Arapahoe county tax increase

[Ah Pook]

Do some homework. Find 4 properties similar to yours, with recent sales less than what your increase is. It's called comps and, if provable, can reduce your tax bill.

Mine is an eclectic property. Every year my X emails me with a tax increase. The comps are totally out of whack. I tell her to call the Co assessor to prove her valuation with like comps. Tax bill is always reduced.

[eddiememphis]

This state is lost what are these leftists democrats gonna do when they chase out all the tax payers, and only all the low life dopers are left.

Tax the rich, man.

Fast track to California style socialism. The wealthy subsidise the poor and everyone in the middle gets out.

Hey Baileyguns! You are about to get a bunch of new neighbors in Oklahoma.

[BladesNBarrels]

Exactly. The legislature allowed the property tax limit repeal on the ballot because they were so freaking mad there was a limit to how much money they could steal from us.

The property tax limit was in the actual Colorado constitution. And our dumbass friends and neighbors voted to repeal it.

And those same people are so dumb they won't even realize they voted this on themselves. And they'll vote for the same kinda shit next time then complain when the state gets even worse.

This!
We were warned at the time of the election that there would be unintended consequences if we eliminated the cap on increases.
The Colorado Legislature was aware of the increases coming during the entire 2023 Session, but could not even talk to each other, much less be proactive to prevent this increase.
The assessments were made in June, 2022, at the height of the real estate pricing.
Protests are the way to go, but the Assessors are stuck with the comps from June, 2022, and they can not factor in foreclosures as was proved during the last recession.
We do not learn from history, so we are bound to repeat it.

[CHA-LEE]

I read the news article and am trying to wrap my head around it..... The Tax increase is going to be in the 30% - 50% range and then an Emergency Fund was setup (Using our Tax dollars) to offset less than 10% of that increase for the few people to scramble for assistance. WTF!!! If they know this increase is going to create a scenario where people can't afford to pay it and are forward thinking enough to setup an Emergency Fund to help some people, then why even do the insane increase in the first place?

The other thing I don't get is how the counties property value assessments never go down in any tangible manner. I have lived in the same house since 2000 in Parker and have only seen significant valuation increases and very few reductions and that was even through the 2008 housing bubble burst that dramatically reduced everyone's home value. This county property valuation situation has always been biased in their favor but this is insane.

[hollohas]

The government NEVER willingly gives money back to the people.. we'll never see a valuation decrease.

The government only takes.

[eddiememphis]

The government NEVER willingly gives money back to the people.. we'll never see a valuation decrease.

The government only takes.

I disagree. The valuation may decrease. For instance in a prolonged recession. The counties are required to reassess every odd numbered year.

At which point, the tax rate will increase.

[kidicarus13]

Like gas prices... takes a month to decrease $0.30/gal, but overnight gas will increase $0.35/gal.

[funkymonkey1111]

Mine went up 25% in Arapahoe.

[BushMasterBoy]

This is probably a sign the whole system will collapse. My tax in 2006 was $348, now it is $812. I called 911 a few months ago, I waited 5 minutes for dispatch to answer. There are always warning signs.

[arbol]

Ya vote for Government, and you get, Government.

-John