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County treasurer outlines third-party installment service to avoid legislative mandate costs
Summary
Garfield County Treasurer introduced a third-party tax-installment escrow option—already used by some Colorado counties—that would let taxpayers pay property taxes in installments without the county operating as the banker; the service is underwritten by Huntington National Bank and charges modest per-payment fees.
Garfield County Treasurer Carrie (last name not specified in the record) briefed commissioners on a third-party escrow service designed to allow property owners to pay property taxes in installments without imposing operational costs on county government. The treasurer said she and peers in El Paso and Larimer counties worked with the county's tax processor, which already serves 49 Colorado counties, and that the processor can operate an opt-in third-party escrow to create installment plans for taxpayers. "Technically, we could already do that. We have something in place that could do…
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