ASSESSORS

• In Je erson County, median single-family residential values increased by 37%, the county said in a news release.

• Arapahoe County’s assessor, PK Kaiser, announced the county will see almost a 42% increase in residential values.

• Broom eld saw a median value increase for single-family residential of 41%, according to Broom eld County’s assessor.

How does that all stack up with property value jumps in recent years?

Er meyer recalls talking about median increases that were “largely in the 20s” in Denver in 2015, 2017 and 2019.

“Douglas County, we had 30% increases in the 1997 reappraisal as well as the 1999 appraisal. at felt monumental at the time,” Damisch said. “What we’re looking at this year is that’s at the low end.”

Apartment renters e ected

While property tax discussions often focus on homeowners, the spike in values could also a ect renters in apartments — sometimes called “multifamily” buildings — though it’s unclear by how much.

Asked whether apartment landlords will raise rent because of increases in property tax bills, Damisch said they may try, “but they can only do what the market allows.”

“And taxes is just one of their cost streams,” Damisch said, adding that landlords have seen increased labor and insurance costs as well.

Er meyer noted: “We’ve seen some historic increases in multifamily in the past that haven’t been met with immediate rent spikes.” e median total property value change for apartment buildings is 20% in Je erson County, according to a news release.

In Douglas County, the median increase in multifamily property values is 25%. “Multifamily” includes fourplexes and above in Douglas’ data, Damisch said.

Growing pains

In an expensive real-estate market, it seems like new property developments pop up constantly around metro Denver.

A common concern from existing residents is that new developments will cause their property values to drop. But market forces keeping property values high can also elicit fears of high property tax bills.

Asked about the tension between those two concerns, Damisch acknowledged it’s a di cult question.

“Growth has always been, in Douglas County, one of the hottest topics. We’ve had thousands of people moving in for a few decades,” Damisch said. “Once they get here — myself included — they don’t like the growth.”

Er meyer pointed to the shortage of housing in general around the state.

“I don’t think you could disconnect what we’re talking about today from that particular fact,” Er meyer said. “ at’s one of many, many things that contribute to property (values).”

Lawmakers may step in It’s the job of county assessors’ o ces to establish accurate values of homes and other properties to determine how much property owners will owe government entities in taxes — a process meant to ensure that the amount of taxes people pay is fair and equitable.

( e assessor doesn’t set the tax rate but determines the value of the property that the tax rate then gets applied to. Local government entities like counties and school districts set the tax rates. Property tax rates are o cially called “mill levies.”) e law requires the assessors to value properties every two years in June. e property valuation homeowners will soon receive is based on June 2022 data, near the recent peak in the real-estate market.

So even though home prices have declined since then, property values re ect last year’s exceptional highs.

Also at play is a number called the “assessment rate,” another factor that helps determine how much in property taxes a person owes. The state legislature sets the assessment rate.

JoAnn Gro , Colorado property tax administrator, said she “can pretty well guarantee” that the property tax information homeowners receive next week won’t be accurate.

“It’s because your legislature isn’t immune to what’s going on right now,” Gro said. “ ere’ve been lots of discus- sions … about providing some additional property value adjustment.”

“I truly expect to see some adjustments and some relief in 2023,” she added.

She also advised the public “to watch every one of your taxing jurisdictions that’s going to have conversations about setting their mill levy.”

Colorado ranks lower

Despite the public concerns over property taxes, Gro noted that “we still have one of the lowest obligations of property taxes of any state.”

Nationally, Colorado has relatively low residential property taxes, according to an analysis by the conservative Tax Foundation. Colorado ranked 47th in property taxes paid as a percentage of owner-occupied housing value in 2020, according to the foundation.

And while businesses pay more, their taxes still appear to be lower than the national average, according to the Colorado Sun. Colorado had the 17th best “State Business Tax Climate” for 2020, according to the Tax Foundation. Colorado had the 14th best “property tax rank” for businesses in 2020, according to the foundation.

Richard J. Maxcy and Jennifer Maxcy 26895 County Road 21 Elizabeth, Colorado 80107

Property: A parcel located in the NE¼ of Section 20, Township 9 South, Range 64 West of the 6th P.M., LSP 220486, Parcel 2, Elbert County, Colorado, and also known as 26895 County Road 21, Elizabeth, Colorado, and Parcel No. 9420100366

Property Owner/Address: Joel C. Wendler P.O. Box 1357 Elizabeth, Colorado 80107

Property: A parcel located in the E½ SW¼ NW¼ and SE¼ NW¼ of Section 20, Township 9 South, Range 64 West of the 6th P.M., Elbert County, Colorado, and also known as 3631 Lonesome Rock Road, Elizabeth, Colorado, and Parcel No. 9420200022, containing 60 acres more or less

Property Owner/Address: Jason M. Karren 2171 Summit Street Franklin, Colorado 80116

Property: A parcel located in the NE¼ of Section 20, Township 9 South, Range 64 West of the 6th P.M., LSP 220486, Parcel 1, Elbert County, Colorado, and also known as 26707 County Road 21, Elizabeth, Colorado, and Parcel No. 9420100365

Property Owner/Address: Koehler Family Living Trust P.O. Box 1615 Elizabeth, Colorado 80107

Property: A parcel located in the NE¼ of Section 20, Township 9 South, Range 64 West of the 6th P.M., LSP 220486, Parcel 3, Elbert County, Colorado, and also known as 26703 County Road 21, Elizabeth, Colorado, and Parcel No. 9420100367

All interested parties may appear at such hearing to show cause in writing why such

Petitions should not be granted.

BY ORDER OF THE BOARD OF DIRECTORS OF THE ELBERT FIRE PROTECTION DISTRICT. ELBERT FIRE PROTECTION DISTRICT

By: /s/ John Wood, Chair

Legal Notice No. 24995

First Publication: May 4, 2023

Last Publication: May 4, 2023

Publisher: Elbert County News

Bids and Settlements

Public Notice

Kiowa Water & Wastewater Rate Study

Kiowa Water and Wastewater Authority (Authority) is seeking a professional water rate consultant to design a progressive and defensible water rate study for a small customer service base of 357 metered accounts (314 single family, 27 commercial, 13 government, and 3 school). Goals of the rate study are to ensure the Authority continues to have the financial resources needed to meet their budget, maintain their infrastructure, grow their distribution system, explore new technologies and implement a capital improvement plan through conducting a study of its current service fees.

Bidders may obtain the Request for Proposal packets at the Kiowa Town Hall located at 404 Comanche Street, Kiowa, CO 80117 or at https:// townofkiowa.colorado.gov/projects

Legal Notice No. 24997

First Publication: May 4, 2023

Last Publication: May 4, 2023

Publisher: Elbert County News

Public Notice

TOWN OF KIOWA, Colorado

Comprehensive Plan Update

Request for Proposals (RFP)

The TOWN OF KIOWA, CO is seeking the assistance of a professional economic development or management consultant for the development of a comprehensive plan for the Town’s economic development and capital improvement efforts.

Bidders may obtain the Request for Proposal packets at the Kiowa Town Hall or at https://townofkiowa.colorado.gov/projects.

Legal Notice No. 24996

First Publication: May 4, 2023

Last Publication: May 4, 2023

Publisher: Elbert County News

Notice to Creditors

Public Notice

NOTICE TO CREDITORS

Estate of PEGGY JEAN CRAIG, a/k/a PEGGY J. CRAIG, a/k/a PEGGY CRAIG, Deceased Case Number: 2023PR30025

All persons having claims against the abovenamed estate are required to present them to the personal representative or to the District Court of Elbert County, Colorado on or before August 27, 2023 or the claims may be forever barred.

Donald J. Craig, Personal Representative 24400 County Road 77 Calhan, CO 80808

Legal Notice No. 24992

First Publication: April 27, 2023

Last Publication: May 11, 2023

Publisher: Elbert County News

Public Notice

NOTICE TO CREDITORS

Estate of Alice Anna Chrisco, Deceased Case Number 2023PR30015

All persons having claims against the above named estate are required to present them to the personal representative or to the District Court of Elbert County, Colorado on or before August 27, 2023, or the claims may be forever barred.

Dwane A. Chrisco, Personal Representative 9512 Rockingham Drive Peyton, CO 80831

Legal Notice No. 24993

First Publication: April 27, 2023

Last Publication: May 11, 2023

Publisher: Elbert County News

PUBLIC NOTICE

NOTICE TO CREDITORS

Estate of Marlene Leona Reynolds, Deceased Case Number: 2023 PR 9

All persons having claims against the abovenamed estate are required to present them to the Personal Representative or to the District Court of Elbert County, Colorado on or before August 28, 2023, or the claims may be forever barred.

Dennis A Reynolds Personal Representative 330 Apache Road Gunnison CO 81230

Legal Notice No. ECN1000

First Publication: April 27, 2023

Last Publication: May 11, 2023

Publisher: Elbert County News ###