If I have a mortgage, why do I get the tax bill?
According to Colorado law CRS
39-10-103, the property tax bill is mailed during the month of January to the
owner of record as their name and mailing address are listed on the Tax Roll.
Your mortgage company does not receive a copy of the property tax bill. Most
mortgage companies perform their own research on the property taxes for which
they are responsible. You may send them a copy of your bill, if it is so
I paid my taxes and my mortgage company also paid.
If you and your mortgage
company submit payment, the Treasurer will process the FIRST payment received
and return the subsequent payment to the last paying party. We do NOT hold or
apply additional funds.
If I move what do I do?
Please send a written request
for address change to either the Pitkin County Assessor or the Pitkin County
Treasurer. It should contain the owner's signature.
When and where do I make payments?
Make checks payable in U.S.
funds to the Pitkin County Treasurer. Mail the payment to Pitkin County
Treasurer, 506 East Main Street, Suite 201, Aspen, Colorado 81611. If paid in
installments the first half payment is due February 28, and with the second
half is due by June 15. Or, if paying in full, the payment is due April 30. To
pay by credit card visit www.officalpayment.com
or call 1-800-2PAY-TAX. (Use Jurisdiction Code 1607).
I just bought the property. Why did I get the tax bill
for the whole year?
In most cases closing
settlement statements will reflect an exchange of debits and credits between
buyer and seller. The seller is usually charged for their share of the property
taxes and the buyer is given credit for the same amount. This makes the buyer
liable for the full tax year amount.
What if I can't pay on time?
According to Colorado law,
interest of 1% per month after the due date is calculated and added to the tax
amount due. The interest rate chart is printed on the reverse of each tax bill.
Please contact the Pitkin County Treasurer at (970)-920-5170 for the correct
How are taxes determined?
The valuation of the property
is determined by the Pitkin County Assessor using the guidelines established by
Colorado Statutes. The taxing authorities use the assessed value to determine
their mill levies. A mill is 1/10th of a penny or $1.00 revenue for each
thousand dollar of assessed valuation. The assessed value for each property is
multiplied by the total mill levy for that taxing district to determine the
total tax amount due.
Why do I have to pay taxes?
Taxes pay for local
government services. Your tax money supports and provides the following:
schools, police and fire protection, water and sewer, libraries, hospital,
roads, and special improvement districts.
What do you mean by Real and Personal?
Real Property is considered
to be permanently fixed in nature (land and improvements on the land). Personal
Property is generally a portable or moveable item such as equipment or
furniture used in the production of income
Are there any senior tax relief programs?
Yes, a Tax Deferral Program
is available to senior citizens, whereby the state of Colorado pays the taxes
on your residence and holds a lien on your property until it is sold, or
changes are made to your qualifications. There is an interest rate associated
with the deferral, which is set by the state. In 2002 it is 5%. An individual
must be 65 or older as of January 1st of the year claimed. Please contact the
Pitkin County Treasurer's Office, 506 East Main Street - Suite 201 - Aspen,
Colorado 81611 for further information.
There is a Senior Property Tax Exemption in Colorado. For information, please
contact the Pitkin County Assessors Office - 506 East Main Street - Suite 200,
Aspen, Colorado 81611 (970) 920-5160.
There could be other tax
breaks for qualifying senior property owners. Please contact Pitkin County
Senior Services at (970) 920-5432 for further information.
What are Special Assessments?
In Pitkin County the special
assessments associated with some of the taxes are for the burying of utility
lines by the City of Aspen and for special road improvements within the Pitkin
Food Tax Rebates
Food tax rebates are issued
by the City of Aspen and Town of Snowmass Village for qualifying residents.
Please contact the City of Aspen Finance Department at (970) 920-5040.
Real Estate Transfer Tax
The City of Aspen and the
Town of Snowmass Village collect Real Estate Transfer Tax on property conveyances
within their boundaries. Please contact the City of Aspen Finance Department at
(970) 920-5040 or the Town of Snowmass Village Finance Department at (970)
What is the sales tax rate?
Please contact the Pitkin
County Finance Office at (970) 920-5220.
What about the Use Tax?
For information regarding the
Pitkin County Use Tax, please contact the Pitkin County Finance Office at (970)
What about tax abatements?
Tax abatement petitions are
completed by the property owner and are filed with the Pitkin County Assessor
for his recommendation, scheduled for hearing by the Pitkin County Treasurer's
Office. The Pitkin County Board of Commissioners will consider the Petitions.
After the decisions are made at the Board meeting, the petitions if granted,
are forwarded to the State of Colorado Division of Property Taxation for
further action. Refunds, if approved are issued by the Pitkin County Treasurer.
How do I protest my taxes?
You can protest the valuation
of your property. For information please contact the Pitkin County Assessors
Office at (970) 920-5160.
Where can I obtain Federal and State Income tax forms?
Forms can be obtained at the
Pitkin County Library - 120 North Mill Street - Aspen, Colorado 81611 (970)
Where can I obtain information about other recorded
liens existing against my property?
Please contact the Pitkin
County Clerk and Recorder’s Office (970)920-5180
What is a deficiency bid?
A deficiency bid occurs when
the foreclosing lender submits a written bid for an amount less than owed. The
foreclosing lender may elect to sue the homeowner, or anyone else who signed
the original promissory note (loan papers), for the amount of the deficiency
(the amount owed minus the amount of the bid). Bidding at the Public Trustee
sale on properties that have deficiency bids begins at one dollar over the
lender bid amount. In most cases lenders file deficiency bids because the
adjusted fair market value of the property is less than the amount owed to