County leaders, residents worry about property taxes

Many wait for Polis’ plan

BY ELLIS ARNOLD EARNOLD@COLORADOCOMMUNITYMEDIA.COM

Some Colorado homeowners reaped the bene ts of skyrocketing home prices in recent years, selling homes for much more than they paid to buy them. But for those who stay put, there’s a drawback: When home prices rise, so do families’ property tax bills.

And this May, property owners in Douglas County could be in for a shock. Property values — as determined for tax purposes — could rise by around 40% to 50% on average, one of the county’s elected leaders says.

“If you had a tax bill last year that was $6,000, next year in 2024 you’ll pay $9,000 unless the legislature does something to control our state,” she said. “We have come together to look at our successes and take on our challenges. I have some concerns on how this one-size- tsall approach is going to work.”

Warren-Gully said with 13 cities and towns in Arapahoe County,

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