Owners of taxable personal property, such as business furnishings and equipment, can challenge the La Plata County assessor’s valuation of their property through June 30.
The value determined by the assessor is based on information submitted on a Personal Property Declaration Schedule. If people have failed to file a declaration schedule, the value is determined using the “best information available.”
Taxpayers who disagree with their personal property valuations may object by mail or in person through June 30. Once an objection has been filed, the assessor will review the account and mail a Notice of Determination by July 10.
If a person disagrees with the assessor’s decision, he or she may file an appeal with the county Board of Equalization. The appeal to the county Board of Equalization must be postmarked or hand-delivered by July 2. The county board will notify, by mail, the hearing date, time and place a person can present evidence to support his or her case. The county board will conclude hearings and render decisions on Aug. 5.
The county board must mail a decision within five business days of the date of its decision. If the county board adjusts the value of a property, the tax bill received next January will be based on the adjusted value.
If a person disagrees with the county board’s decision, he or she may file an appeal with the State Board of Assessment Appeals or the district court, or request a binding arbitration hearing within 30 days of the county board’s mailed decision.
For more information, call 382-6231.