Colorado Springs Property Tax May Increase Due To Infrastructure Costs

Due to the ongoing infrastructure costs for future subdivisions, Colorado Springs property tax rates might increase. With the main tool for building new infrastructure, Metro districts have collectively issued $660 million in debt and could reach $1 billion if all bonds close. Carl Schueler is now the comprehensive planning manager. Nancy Henjum, a councilwoman in the […]

KE Andrews

November 8, 2021

Colorado Votes Down Proposition 120

The local government in Colorado has been busy, and one of the measures on the ballot this year was Proposition 120. This proposal would have lowered the property assessment in the state and reduced the upcoming year’s property taxes. Government officials were surprised when the measure was voted down on Election Day this year. Early […]

KE Andrews

October 21, 2021

Colorado Property Assessment Ratio – SB-293 and Prop 120

Even though the property assessment ratio in Colorado is already among the lowest in the nation, there are proposals in place that could drop them even lower for some people. That is exactly what Proposition 120 might do if it is approved by voters. Specifically, this proposition applies to those who live in multi-family housing. […]

KE Andrews