“Property tax bills on the way” plus 1 more |
| Posted: 03 Feb 2011 10:41 AM PST The Arapahoe County Treasurer's Office was to begin mailing property-tax notices on Jan. 24, but only property owners who pay taxes directly — not through a mortgage company — will receive a notice unless they have requested one. "Since Arapahoe County is joining other counties in providing tax notices electronically, we want to make sure all property owners are aware of this change," Treasurer Sue Sandstrom said. Instead of mailing about 218,000 notices as the county has done in past years, the treasurer will be sending roughly 100,000 in 2011. That will save the county approximately $40,000 in paper and postage expenses, according to the treasurer. "But, we also want to let all property owners know they have the option to take advantage of e-notices, or opt in to receive a paper copy if they prefer," she added. Last October, the treasurer's office notified nearly 115,000 property owners that they will receive their tax bills electronically in 2011 because the Colorado Legislature passed a law authorizing counties to do so.Historically, the tax bills have been mailed in January to all property owners. The bills cover taxes for the previous year. The treasurer's office also sends the tax information to mortgage lenders, but Sandstrom said property owners are the ones who are ultimately responsible and may want to follow up with their lender to make sure their taxes have been paid. Included with the 2010 tax bill is a yellow insert offering property owners the opportunity to discontinue paper copies of their tax bills. All property owners will be able to access an electronic version of their tax notices at co.arapahoe.co.us/departments/tr in early February. For more information, call 303-795-4550. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
| Walmart wins tax case in Mercer County Posted: 03 Feb 2011 10:26 AM PST Walmart has won a property tax appeal case in Mercer County. The ruling was handed down recently by the Mercer County Board of Review. The case centered on the retail chain's 2010 assessment. The Aledo property's assessed value was being tripled from $467,000 to $1.2 million, meaning the fair market value would rise from just more than $1.2 million to $3.6 million. But Walmart challenged the increase last month, which was reversed to the lower figure following a Jan. 26 hearing with the Board of Review. Mercer County Supervisor of Assessments Don St. Germaine Jr. said the Mercer Township assessor increased the value based on repairs and roof improvements to the store. "After the board had received the evidence from Walmart, which was basically other Walmarts in the state of Illinois that were operating, and looked at a square foot basis of assessment to try to get equity, they set the value back to the 2008 Board of Review decision, which was that $467,000 number," St. Germaine said. A notice has been sent to the taxing districts notifying them of the ruling. They have 10 days to contest it. If the assessed value would have stayed at $1.2 million, the increase would have amounted to an additional $40,000 in tax revenue for the City of Aledo's TIF district. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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