Boulder County senior’s get prop. tax break after all
Senior property tax exemption reinstated
Boulder County, Colo. – The senior property tax exemption has been reinstated for property tax year 2012, payable for taxes due in 2013.
Residents who have been approved for the exemption will see it reflected on their January 2013 tax bill. For those who qualify, 50 percent of the first $200,000 in actual value of the primary residence is exempted from property tax. This results in approximately $500 in savings.
Once an exemption application is filed and approved by the Assessor, the exemption remains in effect until a disqualifying event occurs. The Assessor’s Office maintains records for those who have applied in the past, but residents are encouraged to contact the office and verify their information.
For new applicants, the exemption application must be submitted by July 16. For questions regarding the exemption, please call the Assessor’s Office at 303-441-3530 or view the application forms and instructions at www.BoulderCountyAssessor.org.