No tax hike expected in 2008
I am writing in response to the press release dated Aug. 6, 2008 from the Eagle County Taxpayers for Common Sense. Specifically, I am addressing the first sentence in the release that states “and another expected increase of up to 64 percent payable in 2008.”
This statement is not true. Property values will remain at the same base value (June 30, 2006) for 2008 as in 2007. The only anticipated value changes in Eagle County for 2008 are due to some of the following reasons: property demolition, new construction, additions to existing improvements or the creation of new subdivisions and/or new condominium projects. The Eagle Assessor’s Office mailed 3,937 Notices of Value on May 1, 2008 to inform those specific property owners of the value changes based on those reasons listed above.
The resulting property tax is then determined from mill levies calculated by each of the 82 tax jurisdictions located within Eagle County for tax year 2008. There is no reason to believe that property taxes in Eagle will change as a result of the assessor’s estimated value (emphasis applied) for the 2008 tax year unless a Notice of Value was received from the assessor.
If property owners have questions regarding their property assessment for 2008, they may call the staff at the Assessor’s Office in Eagle at (970) 328-8640 or go online to http://www.eaglecounty.us for property information.