WEEK OF DECEMBER 28, 2023
VOLUME 21 | ISSUE 35
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INSIDE THIS ISSUE
OO-DE-LALLY
A new coffee shop comes to town P4
Homes sit in the Castle Pines area in August. Homeowners are facing steep increases in their property tax bills around the Denver PHOTOS BY ELLIS ARNOLD metro area, an issue that officials in Douglas County have called attention to over the last several months.
Local officials want to provide small cut in impending hike BY ELLIS ARNOLD EARNOLD@COLORADOCOMMUNITYMEDIA.COM
Setting up a potential legal battle with the state, Douglas County officials publicly objected to a state entity’s move that rejected their efforts to provide a small cut to the impending spike in homeowners’ property tax bills. The county plans to challenge
the state’s decision. It’s an issue of “usurping local control,” said Commissioner Abe Laydon during a Dec. 19 news conference in Castle Rock. Douglas officials framed the state’s move — a unanimous action by a five-person board that includes three Democrats and two Republicans, according to one member — as political. Local taxes are in the spotlight after homeowners around the Denver metro area checked a notice from their county assessors this spring and saw
Dream Big Dreams...
that their home value had jumped by sometimes shocking amounts. Driven by a costly real-estate market, those home values — as calculated for tax purposes — have spiked since the last time homeowners received notices of value two years ago. In Douglas County, residential properties faced increases between 30% and 60%, with a median of 47%. The high increase in property values means families’ property tax bills could jump up next year.
2023 REWIND A look at the year in photos
P6-9
FINANCIAL ADVICE Preparing for the new year
P10
SEE TAX, P2
Special CD Rate
5.66% APY Term
Special CD Rates ** Term * Term Or 2.74% APY 2.33% 16APYMonth 27 Month
* 10 Month
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120 S. Wilcox, Castle Rock ♦ (303) 660-4001
*Annual Percentage Yield (APY) and interest rate of Certificate of Deposit (CD) may change after account opening. Fees could reduce earnings on the CD. A penalty may be imposed for early withdrawal. *The CD is automatically renewed into a Standard 9 month CD with current rate at renewal. *The Annual Percentage Yield is current as of June 20, 2023.
Annual Percentage Yield (APY) and interest rate for Certificate of Deposit (CD) may change after account opening. Fees could reduce earnings on the CD. A penalty may be imposed for early withdrawal. *To open the CD, $1,000 minimum opening deposit is required. The CD is automatically renewed into a Standard 12 month CD with current rate at renewal. **To open the CD, $1,000 minimum opening deposit is required. The CD is automatically renewed into a Standard 24 month CD with current rate at renewal. The Annual Percentage Yield is current as of 11/22/018.
VOICES: 10 | LIFE: 12 | CALENDAR: 15
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