Certification of Values to Taxing Entities

Related Information

Data Used to Determine Revenue

The data certified by the assessor to a taxing entity is used by the entity to determine such information as the amount of revenue that can be generated from the taxable property within its boundary, the maximum revenue and spending increase over the prior year’s revenue and spending, and the mill levy needed to generate the desired revenue.

Each year, taxing entities are required to develop a budget for the upcoming year. Once the projected expenses have been determined and the budget is finalized at a public hearing, revenue must be generated to fund the expenses. Most taxing entities derive some of their operating revenue from property tax. The data furnished by assessors is essential to the process.

    Tax Increment Financing

    The Colorado General Assembly has authorized the use of a form of financing known as "tax increment financing" by urban renewal authorities (URA) and downtown development authorities (DDA) in the State of Colorado.

    Tax increment financing (TIF) provides a method whereby certain types of public improvements intended to promote urban redevelopment may be financed through the issuance of tax exempt revenue bonds. It involves the creation of a special fund comprised of increases in ad valorem property taxes or municipal sales taxes, or both such taxes, generated within the tax increment financing area. The increases in such taxes presumably occur as a result of the expenditure of bond proceeds. The increases in tax proceeds are then pledged to pay debt service on the bonds.

    Boulder County—2013 Summary of TIFs

        2013
    Base
      2013
    Increment
    Lafayette Old Town URP   $9,369,597   $3,086,574  
    South Boulder Road Revitalization Area   $4,522,248   $229,057  
    LAFURP TOTAL   $13,891,845   $3,315,631
     
     
    Longmont GID       $2,352,200  
    Longmont Downtown Development Authority       $8,383,046  
    LGTDDA TOTAL   $26,922,717   $10,735,246
     
     
    Boulder Urban Renewal Authority 9th & Canyon
     
      $2,358,220   $9,497,809  
    Highway 42 Revitalization Area URP
     
      $28,868,313   $2,285,864  
    Nederland Downtown Development Authority
     
      $3,715,761   $1,213,377  
    Superior Town Center   $27,620   $4,922 (new this year)

    Jerry Roberts, Assessor

    Meet the Assessor

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    Contacts

    Assessor

    Main: 303-441-3530
    Alternate: 303-441-4830
    Fax: 303-441-4996
     
    Mailing Address
    Main: PO Box 471
    Boulder, CO 80306-0471
     
    assessor@bouldercounty.org
     
    bouldercountyassessor.org
     
    Business Personal Property
    Main: 303-441-3316
    Fax: 303-441-1783
     
    Mailing Address
    PO Box 1759
    Boulder, CO 80306-1759

    Boulder

    1325 Pearl St., 2nd floor
    Boulder, CO 80302
    Map & Directions
    Hours: 8 a.m.-4:30 p.m. M-F

    Longmont

    529 Coffman Street, Suite 120
    Map & Directions
    Hours: 8 a.m.-4:30 p.m.
    Mondays ONLY

    Lafayette

    1376 Miners Dr., Unit 105
    Map & Directions
    Hours: 8 a.m.-4:30 p.m.
    Tuesdays ONLY

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