Abstract of assessment
The abstract report is the final tabulation of valuation, revenues, and levies produced each year as a result of the Assessor’s duties.
It is the duty of the Assessor to evaluate all property on a fair basis in accordance with Colorado State Statutes. All real and personal property, not exempt by law, is subject to taxation. It is the duty of the owner of such property to see that it is listed with the Garfield County Assessor.
These values are then certified to all local government taxing entities by the Assessor. The levies are determined and certified by each taxing entity to the Board of County Commissioners.
These levies are then delivered to the Assessor to be compiled and extended to the properties.
After the Assessor prepares the tax roll, it is delivered to the county Treasurer for collection.
It is the goal of this office to help the taxpayer in the understanding of property tax. If you have any questions regarding the value of your property or the valuation process, the Assessor’s office is always ready to assist and serve you.
Property tax information
Beginning in 2025, residential property will have two assessment rates. One assessment rate will be used to calculate local government assessed values and the other rate will calculate school district assessed values.
- Actual value x assessment rate = assessed value
- Assessed value x mill levy/1000 = tax bill
2025 Assessment rates*
• Residential – School 7.05% Local Governments 6.25%
• All other classifications including Vacant Land, Commercial, Industrial, Natural Resources, and Personal Property – 27%
• Oil & Gas production – 87.5%
*The above rates will not be finalized until after October, by the Legislature.
Property tax due dates
- 2024 taxes are due and payable on January 1, 2025
- First half of taxes become due on February 28, 2025
- Second half taxes become due on June 15, 2025
- If no first half tax payment is made, total tax is due by April 30, 2025