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HomeMy WebLinkAbout981806.tiff &C., rQ - t. : STATE BOARD OF EQUALIZATION 1876.+ Lyle Kyle,Chairman Appointee of Got Roy Romer JoAnn Groff,Vice Chairman Appointee of Got Roy Romer Lisa Weil Designee of Got Roy Romer Bill Schroeder Designee of President of the Senate,Tom Norton Steve Tool Designee of Speaker of the House,Chuck Berry ORGANIZATION: Colorado State Board of Equalization Mary E.Huddleston Property Tax Administrator CONTACT: Joette Riley 1313 Sherman Street, Room 419 Denver, CO 80203 (303) 866-2371 DATE OF NOTICE: September 21. 1998 DATE OF HEARING: October 5, 1998 NOTICE OF PUBLIC HEARING The state board will begin the hearings on Monday. October 5, 1998, at 9:00 a.m. in the Legislative Services Building located at 200 E. 14th Avenue, Hearing Room A, Denver, Colorado. The state board will continue the hearings from day to day as listed below, and continuations as necessary, throughout the week. The issues will be heard in the order listed in this notice. REQUESTS ON EXEMPT PROPERTIES The state board will discuss issues related to the review of exempt properties and the request by the following organizations for waiving their filing deadline: Boulder Masonic Association„ Inc. , AF & AM Black Forest Saddle Club, Inc. Veterans of Foreign Wars, Cucharas Post No. 2643 STATE BOARD OF EQUALIZATION ACTIONS The State Board of Equalization (state board) will conduct hearings to consider the following: The findings, conclusions, and recommendations of Thos. Y. Pickett & Company, Inc. , the annual study auditor, pursuant to 39-9-103(1) and (4) , and 39-1-105.5, C.R.S. ;_kJ kcirkt 1313 Sherman Street, Room 419, Denver, Colorado 80203, (303) 866-2371 981806 Notice of Public Hearing State Board of Equalization September 21, 1998 Page 2 The recommendations of the Property Tax Administrator on the county Abstracts of Assessment, pursuant to 39-9-103(4) and (7) , and 39-9-104, C.R.S. : and Various other issues and reports. The state board will determine: Whether orders of reappraisal will be issued to any county or counties regarding any classes or subclasses of property: Whether adjustments will be made to an abstract of assessment of any county or counties: Whether policy decisions are required on any issues brought before the state board. Introductory remarks and explanation by Thos. Y. Pickett & Company, Inc. regarding audit procedures and the annual study. Discussion and questions of audit procedures by board members. Presentation by interested parties of questions and discussion of audit procedures. ISSUES RAISED BY THE AUDITOR Notice is given that the state board will be determining whether or not improprieties have occurred in the counties and what action, if any, must be taken. Counties are advised that it may be necessary to present evidence that supports their position that no action need be taken by the state board. Assessors who present documentary evidence must bring nine copies of such evidence. The copies will be provided to the five state board members, the representative of the Attorney General 's Office, the court reporter, the auditor, and the Property Tax Administrator. The auditor recommends that the following counties observe DPT guidelines in subdivision discounting: Clear Creek Mineral Grand Montrose Gunnison Prowers 9,y/ o6, Notice of Public Hearing State Board of Equalization September 21, 1998 Page 3 RESULTS OF 1997 ORDERS OF REAPPRAISAL Presentation of the results of the 1997 Orders of Reappraisal by the annual study auditor and the Property Tax Administrator, and recommendations for payback of excess state aid to schools and cost of supervision, if any, for the following counties: Lake County Vacant Land Routt County Irrigated Farm and Dry Farm Agricultural Classifications Hinsdale County Residential , Vacant, Agricultural Improvements, and Commercial/Industrial Property THERE WERE NO 1996 ORDERS OF REAPPRAISAL; THEREFORE, THERE IS NO REPORT REGARDING 1997 PAYBACK OF EXCESS STATE AID TO SCHOOLS, COSTS OF SUPERVISION, OR INTEREST ISSUES REGARDING 1996 & 1997 SBOE ORDERS REGARDING POSSESSORY INTERESTS Whether the following counties are still valuing possessory interests and action by state board if still valuing: Boulder, Clear Creek, Eagle. Grand, Gunnison, Jefferson, Montezuma, Pitkin, Routt, and Summit, OTHER REPORTS Recommendations of the Statutory Advisory Committee to the Property Tax Administrator from its meeting held on September 17, 1998. CONSIDERATION OF THE REMAINING ABSTRACTS OF ASSESSMENT Counties are further notified that it is possible that the state board could issue orders of reappraisal to any or all of the counties to which this notice is given. In addition, the auditor is not recommending that the state board take any action as to any of the counties not identified in this notice. The state board will , however, review the report of the auditor for all counties. Hello