We Value Colorado!
The Delta County Assessor’s office is dedicated:
- To "Value Delta County" with the highest standards of professionalism;
- To use the broadest application of proper methods, techniques and standards available to discover, list, classify and value real and personal property within Delta County;
- To comply with the Constitution, Statutes, and Regulations of the State of Colorado for property assessment;
- To disseminate information to the public so they might acquire a better understanding of the appraisal and assessment process;
- And to provide quality service to our customers in a respectful, equitable, and fiscally responsible manner.
- Who sets the tax rate or mill levy?
Tax rates (mill levies) are determined by each taxing authority (County, Cities and Towns, School Districts, Fire Departments, Water and Sanitation Districts, and others) in the fall of each year. These authorities provide services to you and are listed on your annual tax notice.
Amendment I, the Tabor Amendment, was approved by the voters in 1992 and restricts the ability of taxing authorities to raise tax rates or revenue without voter approval. Some tax authorities have chosen to provide temporary tax credits, which allow the tax districts to maintain its official mill levy and not exceed revenue limits.
- I thought the “Taxpayer Bill of Rights (TABOR) Amendment” said that taxes could not go up, yet my valuation has increased. How can that be?
The TABOR Amendment restricts the total amount of revenue growth and individual taxing entity (a cemetery district, for example) is allowed each year. This is computed by each entity utilizing a formula that takes into account inflation, new construction in the taxing entity’s boundaries, and other factors. The Amendment does not restrict the amount that an individual’s taxes may change, nor does it place a specific percentage limitation on any individual’s tax change. The Amendment does state that mill levies cannot be raised by a taxing entity without an election, except for very special circumstances. It also specifies that improved residential property must be valued using the market approach to value only.
- Why is vacant land and commercial assessed at 27.9%, and residential at 6.765%?
The differences in assessment rates between residential homes and other types of property is the result of an amendment to the Colorado Constitution (known as the Gallagher Amendment) approved by the voters in 1982, which limited the residential share of the property taxes. Historically, the State Legislature adjusted the residential assessment rate each year to meet Gallagher statutory requirements. However, In 2020, Amendment B to the Colorado Constitution repealed the part of Gallagher that dictated how assessment rates were set. Now rates are set by state legislature annually. Rates cannot be increased without a vote of the people, but they can be decreased.