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FLOOD00213
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Last modified
11/23/2009 10:50:40 AM
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10/4/2006 9:09:13 PM
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Floodplain Documents
County
Statewide
Community
State of Colorado
Title
Water Rights Determination Systems Study CWCB
Date
5/6/1988
Floodplain - Doc Type
Educational/Technical/Reference Information
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<br />MU3lUKtt'UK I /1;1'. <br /> <br />" <br /> <br />. <br /> <br />. <br /> <br />., <br /> <br />" <br /> <br />MEMORANDUM <br /> <br />March 15, 1988 <br /> <br />TO: Members of the 56th General Assembly <br /> <br />FROM: <br /> <br />Senator Ted Strickland, Chairman, Colorado Legislative <br />Counc i 1 <br /> <br />SUBJECT: Report on Cost of Annual Property Tax Assessments <br /> <br />******* <br /> <br />The following <br />Legislative Council <br />General Assembly. <br /> <br />report has been approved by the Colorado <br />and is submitted to the members of the 56th <br /> <br />* * * * * * * <br /> <br />As required under Senate Bill 88, 1987 session, the Legislative <br />Council submits the following report to the 56th General Assembly <br />concerning the cost of implementation of annual property tax <br />assessments and methods of funding these costs. A recommendation is <br />also submitted concerning a review of the accuracy of assessments for <br />properties subject to state assessment -- public utilities and <br />ra il roads. <br /> <br />The statutory requirement for this report is as follows: <br /> <br />39-1-104.1. Implementation costs annual <br />revaluation. During the 1988 session, the general assembly <br />shall consider making an appropriation of state moneys for <br />the 1988-89 fiscal year to reimburse counties for the actual <br />and reasonable costs of implementing section 39-1-104 (10.3) <br />for the property tax year 1989 and, in addition, shall <br />consider alternative methods of funding the costs of annual <br />assessments. The amount of actual and reasonable costs of <br />such implementation shall be estimated by the state board of <br />equalization and the legislative council after verifying <br />reports by counties estimating the amount of such costs for <br />each county. The state board of equalization shall report <br />its estimate to the general assembly by March 15, 1988. Any <br />appropriations made pursuant to the provisions of this <br />section shall be made to the state board of equalization to <br />be used to reimburse counties for such actual and reasonable <br />costs incurred in said implementation. The legislative <br />council shall evaluate alternative methods of funding the <br />costs of annual assessments and shall report its findings to <br />the general assembly not later than March 15, 1988. <br /> <br />-1- <br />
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