In May of this year, the governor signed HB 1001 into law. The basics of this measure are that the county assessor will report to the county treasurer a list of structures or property that was determined to be destroyed (not just damaged). The county treasure then confirms the report and forwards it to the state treasurer. The state treasurer will issue a warrant to the county treasurer to either credit or refund the remaining tax liability for the property for the year it was destroyed. The property owner does not need to sign up or apply for this credit in any separate process.
For the 2013 flood the first report will be submitted to the Treasurer's office on July 1 and will be processed from there. That is the extent of the measure as we currently. We have not received any further direction from the state and are working to prepare the data based on the language in the final bill. View the bill language
The Assessor's office has worked to identify the impact of the 2013 flood as it relates to property assessments. For destroyed and severely damaged structures, adjustments were figured for the 2013 tax year. These adjustments were only for properties where the structure was destroyed or damaged to the point of demolition. These adjustments impacted the property tax bill that is payable in 2014 because property taxes are paid in arrears. Properties that saw less severe impact and those where the access to the property is still an issue are have been reviewed for the 2014 tax year. Impacted property owners were a notice of valuation on May 1, 2014. The values on our website were also be updated at that time. Protests may be filed through June 2, 2014. If you did not receive your notice of valuation, please review the full notice on our website. Protest forms are also available online or you may stop in our main office during the protest period. The Assessor staff will also be taking appeals in Estes Park on Wednesday, May 14 through Thursday, May 15 at the Estes Park Larimer County Building at 1601 Brodie Avenue Conference Room. Office hours there will be 8:30 a.m. to 4 p.m.
Property owners with questions are encouraged to contact the Assessor's office directly.
More information can be found at the Assessor's website: