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72F9448A1342080E87258AA90071B284 Hearing Summary




PUBLIC
BILL SUMMARY For PRESENTATION ON MILL LEVY VARIANCE AND SMOOTHING

JOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAX
Date Jan 19, 2024      
Location LSB B



Presentation on Mill Levy Variance and Smoothing - Committee Discussion Only


01:41:56 PM  
Greg Sobetski and
David Hansen, Legislative Council Staff, presented on the variability of
mill levies across different regions of Colorado and discussed two potential
methods the state could use to smoothe property values over the assessment
cycle.



Their presentation can be found in Attachment A and here:
https://leg.colorado.gov/sites/default/files/images/mill_levy_variance_and_smoothing.pdf.
01:56:46 PM  
G. Sobetski and D. Hansen responded to questions from the commission on actual and assessed values.