To: Board of County Commissioners
Through: P.K. Kaiser, Assessor
Prepared By:
prepared
Ronni Schaffer, Administrative Division, Assessor
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Subject:
title
Approval of Assessor Abatement Recommendations
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Purpose and Request:
recommended action
The purpose of this request is for adoption of a resolution approving the recommendation of the Assessor concerning the abatement listed below.
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Alignment with Strategic Plan: Good Governance - Deliver mandated and essential services with excellence.
Background and Discussion: Pursuant to C.R.S. § 39-10-114, the Assessor shall report to the Board when errors in valuation are discovered, and the Board “shall proceed to abate such taxes.” As required by statute, this abatement has been initiated by the Assessor’s Office on the taxpayers’ behalf to correct errors discovered in valuation. The below abatement is initiated by the Assessor’s Office on the taxpayers’ behalf correcting the error. Petitioner: Two Delta Bravo LLC, parcel number: 034575472, tax year: 2024.
Alternatives: Because the statute requires the Assessor to correct erroneous valuations and states that the Board “shall” abate the taxes levied as a result of those erroneous valuations, there is no viable alternative.
Fiscal Impact: If any abatement is approved, a portion of the taxes collected on the property for which an abatement has been approved will need to be reduced and/or refunded if already paid, along with the payment of statutory interest on the refunded amount as specified in C.R.S. § 39-10-114.
Alignment with Strategic Implementation Strategies: N/A.
Concurrence: N/A.