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The tax statement disclosure is an accurate accounting of how your property tax dollars will be disbursed to the taxing authorities.
The total tax rate for El Paso County Government is .007947.
Colorado State law requires the County to share its revenue for the Road and Bridge Fund with the city or town when the property is located within a city or town. The current disclosure reflects the amount of the tax levy being shared with the city or town.
Taxing authorities (schools, special districts, cities/towns, public library, and the County) utilize the taxable (assessed) value to set tax rates. A taxpayer can have input in the amount of taxes due on his/her property. Watch for notices of budget hearings held annually in the fall, attend budget meetings of the taxing authorities in your area, and vote when there are elections which could affect your property taxes.
The TAX AMOUNT column indicates the distribution of your tax dollars to the taxing authorities. Late payment interest is disbursed to the taxing authorities based on their percentage of the total tax liability.
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