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Notice of valuations out next week – Yuma Pioneer

From the Yuma County Assessor’s Office
Yuma County property owners can expect above-average valuation increases when they receive price advice on or about May 1, 2023.
All homes must be valued using the 18-month home sales price from January 1, 2021 to June 30, 2022, and the value of unsold properties must be adjusted up or down based on the sales price. there is.

Most homes saw an increase, but depending on where you live, some homes saw more than others. Overall, the average growth rate of housing in Yuma County averaged 29.5%. Commercial properties also he increased by 17%. Vacant land in the county increased by 36% and agricultural land increased by 13%. Industrial was the only category to drop -1%.
Of course, your percentage can be higher or lower than average depending on where you are in the county.
The Colorado legislature has offered a discount of $15,000 per home and $30,000 on commercial real estate for the 2023 tax year. These values ​​will not be reflected in the assessment notice, but will be applied prior to the 2023 tax bill being sent. January 2024.
Also new this year, all assessors will be required to include an “estimate” of the tax payable on their notices. There was also a change in valuation. Housing rates rose from 6.95% in 2022 to 6.765% in 2023. Agriculture will rise from 29% to 26.4% and commerce from 29% to 27.9%.
The appraisal firm is solely responsible for establishing value only, not tax. Factory taxes are established by county commissioners, school districts, and boards of various taxable entities such as fire departments, hospitals, towns, and cemetery districts. It is not yet determined what the factory tax will do, as the taxable entity is not taxable. Set factory dues for 2023 by December based on the final assessment summaries that you send to each entity.
There are several ways to save tax. There are exemptions for Senior Citizens, Veterans and Gold Star spouses. Veterans and Gold Star spouses apply through the Department of Veterans Affairs, while seniors may apply through our office. The senior citizen must be 65 years old as of January 1, own her home as her primary residence, and have lived there for at least 10 years. This waiver will waive half of your first $200,000. If you have any questions, please feel free to contact us.
This year we have a new date for protests. From May 1, 2023 he is until June 8th. Call, visit in person, mail a protest form, or email ctaylor@co.yuma.co.us.

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