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Assessor reports $19.05 billion total real property value; protests and legislative changes summarized
Summary
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.
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.
Banman said the office received 1,326 appeals this year (a substantial decline from an earlier peak around…
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