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File #: 24-207    Version: 1
Type: Resolution Status: Passed
File created: 3/28/2024 In control: Board of County Commissioners Business Meeting
On agenda: 4/9/2024 Final action: 4/9/2024
Title: Approval of BAA Stipulations
Attachments: 1. Board Summary Report, 2. Stipulations Chart, 3. Resolution

To:                                                               Board of County Commissioners

 

Through:                                          Ronald A. Carl, County Attorney

 

Prepared By:

prepared

Gina Garran, Paralegal

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Subject:

title

Approval of BAA Stipulations

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Purpose and Request:

recommended action

The purpose of this request is for the adoption of a resolution approving the identified Board of Assessment Appeals (“BAA”) stipulations.

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Background and Discussion: Pursuant to C.R.S. § 39-8-102, the Board, in its role as the County Board of Equalization (“CBOE”), annually reviews assessed property valuations and corrects “any errors made by the assessor, and, whenever in its judgment justice and right so require, it shall raise, lower, or adjust any valuation for assessment in the assessment roll to the end that all valuations for assessment of property are just and equalized within the county.” These stipulations settling property tax protests filed with the BAA are a result of agreements reached between the taxpayers and the County to change the valuations for assessment as noted, in an effort to further the goal of ensuring that all valuations for assessment are just and equalized. The attached table details the BAA docket numbers and changed valuations upon which the taxpayers and County have reached agreement for the reasons and tax years noted.

 

Alternatives: The protests could proceed to the BAA for a decision, but this would involve additional time and expense for the County and the taxpayer that could otherwise be avoided. 

 

Fiscal Impact: Reduction in the amount of property taxes collected for the noted properties.

 

Alignment with Strategic Plan:

                     Be fiscally sustainable

                     Provide essential and mandated service

                     Be community focused

 

Concurrence: The CBOE Appeals Coordinator, the County Assessor, and the County Attorney all support this request.

 

Resolution:  A draft resolution is attached.