Special to the Daily
Eagle County’s property value notices have been mailed out. Values went up, for the most part, but won’t reflect the run-up in prices the county’s seen since the summer of 2020.
In Colorado, county assessors’ offices every two years determine the value of all taxable property. That valuation is based on sales of comparable properties. According to state law, months of research into values is distilled to a “snapshot” of values as of June 30. Taxing districts from schools to towns to cemetery districts then use those values to determine their mill levies, which set the tax rate.