Q: When are property taxes due in Eagle County for the current fiscal year?
A: Property taxes are due in two equal installments: March 2nd and June 15th. You can pay the full amount by April 30th if you prefer. Taxes become delinquent if not paid by June 15th for the first half or July 31st for the second half.
Q: What tax credits are available and do I need to apply?
A: The main credit is the Senior Homestead Credit, which reduces taxes on 50% of the first $200,000 of actual value for qualifying seniors. This credit requires annual application by July 1st. Disabled veteran credits may also be available. Contact the Eagle County Assessor at (970) 328-8610 for applications and eligibility requirements.
Q: How does the Homestead Credit work?
A: The Senior Homestead Credit doesn't reduce your home's market value but instead provides a tax credit that reduces your actual tax bill. It applies to 50% of the first $200,000 of your home's actual value, subject to available state funding. You must apply annually by July 1st.
Q: When are properties reassessed in Eagle County?
A: Colorado law requires properties to be valued annually, with Eagle County conducting assessments each year. Assessment notices are typically mailed in early May, and you have 30 days from the notice date to appeal if you disagree with the valuation.
Q: What are the penalties for late property tax payments?
A: Interest begins accruing at 1% per month on any unpaid balance after the due dates. Properties with taxes delinquent for three years may be subject to tax lien sale proceedings.
Q: Can I pay my property taxes online?
A: Yes, Eagle County offers online payment options through their website. You can pay by electronic check or credit card, though credit card payments may include processing fees.
Q: Why did my tax bill increase if I haven't made improvements?
A: Tax increases can result from rising property values, increased mill levies approved by voters, or new special district taxes. Even without improvements, your home's assessed value may increase due to market conditions.
Q: What special districts might affect my property taxes?
A: Common special districts in Eagle County include fire protection districts, library districts, water and sanitation districts, and metropolitan districts. Each has separate mill levies that appear on your tax bill. Contact the Eagle County Assessor to determine which districts serve your specific property.