Centennial Citizen January 11, 2024

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An edition of the Littleton Independent

WEEK OF JANUARY 11, 2024

VOLUME 23 | ISSUE 6

Why South Suburban Parks and Rec is lowering tax rate

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INSIDE THIS ISSUE

Move comes despite ability to increase take

DEMS APPOINT REP AFTER DICKSON RESIGNS P6

BY NINA JOSS NJOSS@COLORADOCOMMUNITYMEDIA.COM

Following spikes in property valuations across the Front Range, the South Suburban Park and Recreation District has decided to lower its property tax rate for this year. Because property valuations have skyrocketed, the decreased rate may not actually mean lower tax bills for homeowners. And overall, the district, which provides everything from golf courses to playgrounds to metro area residents south and west of Denver, expects to receive millions more in tax revenue than it did last year. But instead of collecting the maximum that it could, the district is giving its residents a break in a move that bucks South Suburban’s trend of increasing tax rates since 2021. The district gained the power to do that when voters approved a 2019 measure allowing it to up its property tax rate, also known as a mill levy, incrementally to offset losses of revenue linked to statemandated property tax assessment

The Board of Directors meets at the South Suburban Sports Complex at 4810 E. PHOTO COURTESY OF SOUTH SUBURBAN PARKS AND RECREATION DISTRICT County Line Rd. in Highlands Ranch.

rate reductions. South Suburban, which formed in 1959, is a regional provider of parks and recreation services. The special district manages recreation centers, indoor sports facilities, golf courses, playgrounds, parks and trails in its 46-square mile area, which includes portions of Arapahoe, Douglas and Jefferson Counties. In 2023, taxpayers paid about $8.43 in taxes to the district per $1,000 of assessed property value, according to the district’s budget. This year, the rate is lower, at $8.32

VOICES: 14 | LIFE: 16 | CALENDAR: 19

per $1,000 of assessed property value. This means a house valued at $500,000 will pay about $279 in taxes to the district in 2024. The mill levy is made up of several smaller mill levies that go towards different parts of the district, such as operations and debt service. The portion of the mill levy that is decreasing is that which goes toward the district’s debt. Since valuations increased, the district could afford to lower the debt service mill levy and still get the

GOVERNOR WARNS OF ‘INSECT APOCALYPSE’ P7

POP CULTURE Sweet treats to eat

P22

CENTENNIALCITIZEN.NET • A PUBLICATION OF COLORADO COMMUNITY MEDIA

TRYING OUT DRYING OUT

Dry January attracts sober curious P16


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Centennial Citizen January 11, 2024 by Colorado Community Media - Issuu