Colorado officials push to save property tax breaks for seniors
The state reimburses local governments for lost revenue only when the budget allows, currently facing a $1.2 billion deficit and failing to provide funds.
4 States Where Homeowners Can Expect a Property Tax Increase
"Interestingly, 23.4% of properties saw their tax bill go up from 2023 to 2024 without their assessment value increasing, suggesting a tax rate hike independent of home valuation."