Vail Valley tax bills are in the mail |

Vail Valley tax bills are in the mail

Chris Outcalt
Eagle County, CO Colorado

EAGLE COUNTY, Colorado ” Property tax bills mailed to some Eagle County, Colorado residents this month may look a lot like they did last year.

The county kept its mill levy ” the amount of money a taxpayer must pay for every $1,000 of assessed value on their property ” the same in 2008 as it was in 2007 and, barring a unique circumstance, only re-assesses property in odd-numbered years. Property is re-assessed in even number years if it is significantly altered.

“For most of the properties, the value is going to be the same in 2007 and 2008,” said Mary Kessler, Eagle County assessment manager. “The reason why taxes may have gone up is the mill levy.”

The assessors office projected the county would receive $183,230,198 for 2007 taxes paid in 2008 and $187,667,208 for 2008 taxes paid in 2009.

Despite the county keeping its mill levy the same, some towns did increase theirs ” one reason for the increase in projected revenue.

Between 2007 and 2008, Eagle’s mill levy increased 1.314. Vail raised its mill levy from 4.690 to 4.979 ” a .289 increase.

In addition to towns, metropolitan districts also have mill levies. There are about 80 different taxing entities in the county, said County Assessor Mark Chapin.

The county’s total assessed taxable value for 2007 was $3,155,583,110. The 2008 number is $3,187,469,090 ” a difference of about $32 million.

The increase is mostly a result of new construction or construction that was only partially completed, Kessler said.

“When people are building houses, one year they might have been 10 percent done, and then we pick up all that new construction,” she said. “In my mind that was an OK number.”

Between 2005 and 2006 ” the last time taxes weren’t affected by reappraisals ” the jump in total assessed value was more than $75 million.

The actual value of property as appraised by the county is not the number that’s taxed. The county’s appraisal is adjusted by a percentage determined by the state before the mill levy is applied to it. This year, for residential property, that number was 7.96 percent. The number is different for commercial property.

The county has already re-appraised property for taxes in 2008 that will be paid in 2009.

“We’ve been going out for months and months,” Kessler said.

Residents can appeal the property valuation determined by the county. Visit for instructions on how to appeal the county’s assessment.

Staff Writer Chris Outcalt can be reached at 970-748-2931 or

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