I’ve read that there are a number of foreclosures occurring in Delta County. How will that affect property valuations for 2015?

Foreclosures that have occurred after June 30, 2016 will, under Colorado law, have no effect on Tax Year 2017 and 2018 valuations because they occurred after the end of the sales data collection period for this re-appraisal cycle.  For foreclosures that occurred during the data collection period that ended June 30, 2016, the following rules apply:  Under Colorado Constitutional, statutory, and/or regulatory provisions, conveyances of property to a financial institution in a foreclosure process (including Deeds in Lieu of Foreclosure) cannot be considered for valuation analysis and modeling purposes because they are deemed to be non-arms-length transactions.  Conveyances of property from a financial institution to a buyer are to be considered and may be used for analysis and valuation modeling purposes if the Assessor determines that they are valid arms-length transactions.

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1. Will property valuations for tax assessments be changing in Delta County in 2017?
2. I have read that property values are declining. Will this affect the valuation of my property in Delta County?
3. I’ve read that there are a number of foreclosures occurring in Delta County. How will that affect property valuations for 2015?
4. I don’t understand why there should be a property tax at all. It seems like a very unfair tax. Why does it continue to be used?
5. The Colorado property tax seems especially inequitable and unfair—especially to commercial property owners. Why is this?
6. Can you estimate my taxes based on the value of my property?
7. Who makes the rules on property assessment?
8. News media stories have indicated that nearly all taxpayers who contest their assessment get a substantial reduction in value that significantly reduces their tax. Is that true?
9. I think you have the correct value on my property, but I feel my taxes are too high. What can you do about that?
10. I thought the “Taxpayer Bill of Rights (TABOR) Amendment” said that taxes could not go up, yet my valuation has increased. How can that be?
11. I built my house myself. It cost me much less than the value you have assigned to it. Can’t you take my cost into account when you value it?
12. The farmer/rancher next door to me has a much lower value on his land than I do on my residential lot. Why?
13. I am an agricultural landowner with a residence on my land that I do not use as an integral part of my agricultural operation. Why did my property value go up?
14. My business real estate has about the same actual value as my residence, but the tax for the commercial property was more than 3½ times my residential tax last year. Why?
15. What do my property taxes pay for?
16. What records contained in the Assessor’s office are public?
17. How does the Assessor’s Office determine what the selling prices were for real property?
18. An appraiser from your office visited my property recently. Why?
19. How do I know that an individual visiting my property is an appraiser from your office?
20. What do I do if I feel that the information contained in the Assessor’s records is incorrect? What if I have concerns about my valuation?
21. If I request that an appraiser field visit my property, do I have to pay for that individually?
22. I know that there are structures on my property or other properties that you do not have assessed. Why should I tell you about that?