C.R.S. Section 39-2-114
Reappraisal

  • when
  • procedures

(1)

Whenever the administrator petitions the state board of equalization for its order of reappraisal of any class or subclass of taxable property for the following taxable year, the administrator shall send a copy of such petition to the assessor of the county in which such class or subclass of taxable property is located. The petition of reappraisal shall include the reasons for such reappraisal, and the administrator has the duty to establish to the satisfaction of the state board of equalization the need for such reappraisal. The state board of equalization shall conduct a hearing on such petition, at which hearing the assessors shall attend and shall give such testimony and present such evidence as the state board of equalization may require.

(2)

At the hearing on the petition for reappraisal, the affected county assessor shall have the opportunity to appear, to produce testimony and evidence, and to cross-examine witnesses. The decision of the state board of equalization shall be delivered in writing no later than the close of business on November 15.

(3)

If such reappraisal is ordered by the state board of equalization, the property tax administrator shall direct the staff of the division of property taxation, working jointly with the assessor of such county, to reappraise such property, and the value so determined shall be the actual value of the taxable property in such county for the next taxable year. The results of the reappraisal shall be filed with the property tax administrator no later than the close of business on the last working day in May of the year in which the reappraised values shall be effective, and a copy thereof shall be filed with the assessor.

(4)

The affected assessor, board of county commissioners, town, city, school district, or special district, or any taxpayer resident therein, or any of them, may appeal the reappraised value to the state board of equalization by petition filed with the state board of equalization no later than the tenth day of June next following. Upon appeal, the assessor and any other petitioner shall have the right to appear, produce testimony and evidence, and cross-examine witnesses.

(5)

The state board of equalization may affirm, rescind, or modify the reappraised values appealed, and shall enter its written order thereof no later than the first day of July next following.

Source: Section 39-2-114 — Reappraisal - when - procedures, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-39.­pdf (accessed Oct. 20, 2023).

39‑2‑101
Division created - property tax administrator 39‑2‑102
Qualifications 39‑2‑103
Exercise of power 39‑2‑104
Oath of office 39‑2‑105
Seal 39‑2‑106
Employees - compensation 39‑2‑107
Office - hearings 39‑2‑108
Rules and regulations 39‑2‑109
Duties, powers, and authority - definition 39‑2‑110
Annual school for assessors 39‑2‑111
Complaints 39‑2‑112
Assessor to appear - when 39‑2‑113
Administrator may intervene 39‑2‑114
Reappraisal - when - procedures 39‑2‑115
Review of abstracts of assessment - recommendations 39‑2‑116
Approval of tax abatement or refund 39‑2‑117
Applications for exemption - review - annual reports - procedures - rules 39‑2‑118
Recommendations to governor 39‑2‑119
Annual report 39‑2‑120
Powers of property tax administrator 39‑2‑121
Enforcement of orders 39‑2‑122
Notice prior to injunction 39‑2‑123
Board of assessment appeals created - members - compensation 39‑2‑124
Executive director to furnish employees and clerical assistance 39‑2‑125
Duties of the board - board of assessment appeals cash fund - creation - accelerated appeal cash fund 39‑2‑126
Delaying effect of decision - when 39‑2‑127
Board of assessment appeals meetings - proceedings - representation before board 39‑2‑128
Board of assessment appeals may issue orders 39‑2‑129
Advisory committee to the property tax administrator created 39‑2‑130
Membership of the advisory committee - terms - compensation - meetings 39‑2‑131
Function of the committee - notice of proposed changes - property tax materials - definition
Green check means up to date. Up to date

Current through Fall 2024

§ 39-2-114’s source at colorado​.gov