In 2006, Colorado voters approved Referendum E, amending section 3.5 of article X of the Colorado Constitution. The amendment and subsequent legislation expanded the senior property tax exemption to include "qualifying disabled veterans."
For disabled veterans who qualify, 50 percent of the first $200,000 of actual value of the veteran’s primary residence is exempted. The state will reimburse the county treasurer for the lost revenue. The exemption is effective January 1, 2007, on property tax bills sent beginning in 2008. Owners of multiple residences may only designate one property as their primary residence.
The application deadline is July 1, of the year for which you are seeking the exemption. The exemption must be applied for only once, and it remains in effect for future years until a change in the status of your property requires the exemption to be removed.
For additional information, please read the Property Tax Exemption for Disabled Veterans brochure published by the State of Colorado. If you have questions, please contact the Assessor's Office at 970-400-3650 or visit us at 1400 N 17th Avenue, Greeley.