{"id":1312293,"date":"2019-07-10T21:56:00","date_gmt":"2019-07-11T03:56:00","guid":{"rendered":"https:\/\/www.postindependent.com\/seniors-veterans-should-act-quickly-for-property-tax-savings\/"},"modified":"2019-07-10T21:56:00","modified_gmt":"2019-07-11T03:56:00","slug":"seniors-veterans-should-act-quickly-for-property-tax-savings","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/seniors-veterans-should-act-quickly-for-property-tax-savings\/","title":{"rendered":"Seniors, veterans should act quickly for property tax savings"},"content":{"rendered":"
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Tax deadlines may seem like a long way off, but senior citizens eligible for property tax exemptions need to apply by July 15 to receive a substantial return.<\/p>\n

Colorado provides a tax exemption on half of a property\u2019s actual value \u2014 up to $200,000 for seniors, and 100 percent disabled veterans.<\/p>\n

\u201cIn 2018, qualifying senior citizens and disabled veterans in Garfield County received $986,445 in property tax exemptions,\u201d Garfield County Assessor Jim Yellico said in a press release. \u201cThe state of Colorado covers the total cost of these exemptions through a reimbursement paid to the Garfield County Treasurer.\u201d<\/p>\n

Between the rising property values and tax measures approved at the ballot box, property taxes are going up in Garfield County, Yellico said.<\/p>\n

\u201cProperty values continue to rise in the local real estate market; when combined with voter-approved tax increases, property tax bills are increasing. The senior exemption offers some relief, which is important to our senior citizens and disabled veterans.\u201d<\/p>\n

To qualify for the senior exemption, a person must have turned 65 by Jan. 1 of this year, and must have lived at the property for 10 years. Application forms are available online at garfield-county.com.<\/p>\n

The exemption stems from a 2000 referendum called the Property Tax Exemption for Seniors. Under the referendum, the state of Colorado pays the property taxes on the exempted value.<\/p>\n

Certain veterans may also be eligible for property tax relief. In 2016, voters extended the exemption program to include veterans with service-connected total disability.<\/p>\n

The standard deadline for veterans to apply for the exemption is July 1, but they may file a late application with the Colorado Division of Veterans Affairs and show good cause for the late filing.<\/p>\n

The veteran may be of any age, and must be honorably discharged from military service.<\/p>\n

via:: Post Independent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tax deadlines may seem like a long way off, but senior citizens eligible for property tax exemptions need to apply by July 15 to receive a substantial return. Colorado provides a tax exemption on half of a property\u2019s actual value \u2014 up to $200,000 for seniors, and 100 percent disabled veterans. \u201cIn 2018, qualifying senior […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[160],"tags":[],"class_list":{"0":"post-1312293","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-20 11:02:16","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSKE Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kske","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1312293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/comments?post=1312293"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1312293\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/media?parent=1312293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/categories?post=1312293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/tags?post=1312293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}