Real Estate Tax Assessments

Today I spoke with a few of my friends about their property tax assessments.

Jefferson County recently sent out their assessments for this year.  Ours went up by a ridiculous amount and I had to ask a few of my friends whether they had seen similar increases.  They all reported the same thing.  Their assessments were raised by $50,000, $60,000, even $150,000 from the previous year.

Needless to say, we are all going to appeal.

The question is – why?  Given what we all know to be a major drop in real estate values, why would Jefferson County have picked this year to increase our assessments by such large amounts.

We all came to the same conclusion – they need the money….  I think this is also why there are so many police cars out their handing out speeding tickets.  They need the revenue.  And they are taking it out on us.

1 Comment so far

  1. ellen on May 20th, 2009 @ 7:48 pm

    It’s the same in Denver. The assessor is a bit arrogant (last time round the gentleman was more – oh, gentlemanly. It’s clear (we’ll let you know after the reappeal to board of equalization) the huge amount our home is worth will be retained for tax, yet not sale/purchase, purposes. Gotta love these bureaucrats – even Hickenlooper, the previously well-known entreprenuer:)



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