El Paso County Treasurer Discusses Unique Roles as Tax Collector and Public Trustee

In a recent interview, El Paso County Treasurer Chuck Broerman shed light on his dual roles as both the county's treasurer and public trustee, emphasizing their distinct yet impactful functions for the community.

As treasurer, Broerman serves as the chief tax collector for approximately 380 municipalities and special districts, including fire districts and school districts. He highlighted the importance of this role in ensuring that essential services are funded efficiently, stating, "We are able to deliver that service very economically for each of those entities so that they can provide the essential services that our citizens want and need." This role is crucial for maintaining the financial health of local services that residents rely on daily.

In addition to his responsibilities as treasurer, Broerman also acts as the public trustee, a role unique to Colorado. This position was integrated into the treasurer's office about six years ago and serves as a mediator in foreclosure situations. Unlike other states where such matters are handled through the courts, Colorado's public trustee acts as a go-between for borrowers facing financial difficulties and lenders. Broerman explained, "We serve that role. We do the foreclosures... to make sure that all actors are working in the best interests of both." This function not only helps manage foreclosures but also facilitates the joyful moment when homeowners receive their deed of trust after paying off their mortgage.

Broerman's insights into these roles highlight the vital services provided by the treasurer's office, which directly impact the lives of El Paso County residents. As the community continues to navigate economic challenges, the work of the treasurer and public trustee remains essential in supporting both local governance and individual homeowners.