Democrats will ensure more Grand County property tax increases | SkyHiNews.com
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Democrats will ensure more Grand County property tax increases

To the Editor:

“Sticker shock” (Jan. 23) was a very interesting article. However, it failed to make the most important point regarding property taxes.

The appraised value of a property does not, in and of itself, raise the amount of tax.

The amount of the mill levy multiplied by the assessed value will yield the tax amount.

Traditionally, when assessed values increase, the mill levy will be decreased to yield taxes at or slightly above the prior year’s tax. Last year the Democratic legislators and newly elected Democratic Gov. Bill “Tax” Ritter, gave us all a tax increase by freezing the mill levy amounts (an option for most school districts). Property taxes can only go up and, as the county has seen, dramatically.

One can only get ready for more of the same from Denver and the Democrats.

Don Biggs

Boulder/Gore Lakes


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