Assessor reports $19.05 billion total real property value; protests and legislative changes summarized
Assessor Larry Banman reported a total real-property valuation of $19,054,144,940 and explained assessment-rate mechanics (school rate 7.05%, other taxing entities 6.25%). He said 1,326 appeals were filed, provided protest and account counts, and summarized the expiration of earlier statewide residential/commercial reductions and forthcoming legislative changes affecting next year's valuations.
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County Assessor Larry Banman, accompanied by Deputy Deb Lynn Bloom, presented the annual valuation report required by statute. Banman said total real-property value for Grand County is $19,054,144,940; residential assessment rates for schools are set at 7.05% of actual value and other taxing entities are using a 6.25% assessment rate this cycle.
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