§ 39-5-128 — Certification of valuation for assessment

Colorado § 39-5-128

• Jurisdiction: Colorado
• Title 39: Taxation
• Art.: Valuation and Taxation

Text

(1) (a) No later than
August 25 of each year, the assessor shall certify to the department of education,
to the clerk of each town and city, to the secretary of each school district, and to
the secretary of each special district within the assessor's county the total
valuation for assessment of all taxable property located within the territorial limits
of each such town, city, school district, or special district and shall notify each such
clerk, secretary, and board to officially certify the levy of such town, city, school
district, or special district to the board of county commissioners no later than
December 15. The assessor shall also certify to the secretary of each school district
the actual value of the taxable property in the district.

(b) Repealed.

(1.5) Along with the certification required by subsection (1) of this section,
the assessor shall also provide:

(a) The aggregate value of exempt business personal property specified in
section 39-3-119.5 (3)(a)(I) for the property tax year commencing on January 1, 2021,
within the territorial limits of each town, city, school district, or special district; and

(b) The amount calculated under section 39-3-119.5 (3)(c)(I) for the estimate
of the aggregate value of exempt business personal property for each property tax
year beginning with the property tax year commencing on January 1, 2022, within
the territorial limits of each town, city, school district, or special district.

(2) Repealed.

(3) (a) If the valuation for assessment for all or part of any such political
subdivision has been divided for an urban renewal area, pursuant to section 31-25-107 (9)(a), any certification under this section must be based upon that portion of
the valuation for assessment under section 31-25-107 (9)(a)(I) so long as the division
remains in effect.

(b) If the valuation for assessment for all or part of any such political
subdivision has been divided for a county revitalization area, pursuant to section 30-31-109 (13)(a), any certification under this section must be based upon that portion
of the valuation for assessment under section 30-31-109 (13)(a)(I), so long as the
division remains in effect.

Legislative History

Source: L. 64: R&RE, p. 705, � 1. C.R.S. 1963: � 137-5-28. L. 67: p. 950, � 19. L. 75: (3) added, p. 1278, � 6, effective July 16. L. 76: (1) amended, p. 687, � 5, effective July 1. L. 86: (1) amended, p. 1030, � 15, effective January 1, 1987. L. 87: (1) amended and (2) repealed, p. 1411, �� 14, 15, effective April 22. L. 88: (1) amended, p. 1288, � 20, effective May 23. L. 89: (1) amended, p. 1457, � 12, effective June 7. L. 93: (1) amended, p. 1689, � 6, effective June 6. L. 94: (1) amended, p. 807, � 10, effective April 27. L. 96: (1) amended, p.115, � 2, effective March 25. L. 2021: (1.5) added, (HB 21-1312), ch. 299, p. 1795, � 7, effective July 1. L. 2023, 1st Ex. Sess.: (1) amended, (SB 23B-001), ch. 1, p. 11, � 11, effective November 20. L. 2024: (3) amended, (HB 24-1172), ch. 387, p. 2682, � 17, effective August 7.