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The Gallagher Amendment was an amendment to the Colorado Constitution enacted in 1982 and repealed in 2020 concerning property tax.It set forth the guidelines in the Colorado Constitution for determining the actual value of property and the valuation for assessment of such property. [1]
a description of the map's place of official recording (e.g., recorded in the files of the County Engineer). The legal description of a 2.5-acre (10,000 m 2 ) property under the Lot and Block system may be something like; Lot 5 of Block 2 of the South Subdivision plat as recorded in Map Book 21, Page 33 at the Recorder of Deeds .
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
Real estate and personal business property are taxable in Colorado. [20] Real property is assessed by a professional assessor to determine its actual value. The state legislature sets the assessment rate of 29% for commercial property, 7.15% for residential. The actual value is multiplied by the assessment rate get the assessed value.
The City and County of Denver is the most densely populated Colorado county, with a population density of 4,674 residents per square mile (1,805/km 2) as of 2020, while Hinsdale County is the least densely populated county, with a population density of 0.71 resident per square mile (0.27/km 2).
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