Tag: mill levies

Breckenridge: Town blasts newspaper for ‘misleading’ story

Breckenridge, Colorado, viewed from the overlook on Ski Hill Road.

‘Tax hike’ headline spurred angry phone calls from residents; 2012 tax bills will go down after mill rate adjustment

By Bob Berwyn

SUMMIT COUNTY — Breckenridge officials took the unusual step of issuing a press release to correct information in a Nov. 9 Summit Daily New story originally headlined “Revenue dip has Breckenridge eyeing tax hike.”

In the online version, the newspaper used this headline: “Breckenridge gives initial green light on mill rate increase.”

After the story appeared, town officials started receiving phone calls from residents and property owners concerned about a possible tax hike, said town communication director Kim Dykstra-DiLallo. The town issued the statement to make it clear to residents and property owners that the council is not proposing a tax increase, which under Colorado law, can only occur with voter approval. Continue reading “Breckenridge: Town blasts newspaper for ‘misleading’ story”

Summit County: Property tax rates start to dip

Look for a small drop in your property tax bill, coming soon in the mail.

Expired school mill levy, commercial property tax rate adjustments lead to decline

By Bob Berwyn

SUMMIT COUNTY — Property tax bills will tick down a notch starting this month, thanks to the expiration of a school district mill levy and a small decline in some other tax rates across the county.

All that will add up to about $100 less in taxes per $500,000 of value when tax bills go into the mail this month, according to county assessor Beverly Breakstone. While voters approved a new school district mill levy in November, it is smaller than the one that expired at the end of the year. Continue reading “Summit County: Property tax rates start to dip”