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Weld County accepts 2025 abstract of assessment; assessor says new state law and higher school assessment rate will likely raise residential tax bills
Summary
Weld County accepted its 2025 abstract of assessment, recording a gross taxable value of $20,177,869,660 and a net county taxable value of about $19.7 billion after $455 million in urban renewal diversions; the assessor warned a 2024 state law that set a different assessment rate for schools will likely increase residential tax bills.
Weld County commissioners on Wednesday accepted the county's 2025 abstract of assessment, a state report that finalizes taxable values the county will use to notify local governments and school districts.
Weld County Assessor Brenda Donas told the board the county's gross taxable value for 2025 is $20,177,869,660, "an increase from 2024 of 2.5%." She said the net taxable value for the county is "approximately $19,700,000,000" after about $455 million in diversions tied to urban renewal and downtown development authorities.
Donas said a change in state law enacted in the 2024 legislative session created separate assessment rates for local governments and for schools. As a result, she said, the total assessed value attributed to school districts for 2025 is approximately $20.7 billion, about $500 million higher than the county's net value.
"It feels like we are keeping two sets of books for every property," Donas said, describing additional staff workload and new checks the office must run to produce both county and school district values for each property. She warned this change makes some errors harder to catch and increases the assessor's workload.
Donas told commissioners the effect of the higher residential assessment rate for schools means the county is "anticipating a tax bill increase as a result of increasing the residential assessment rate for schools." Commissioners thanked the assessor and her staff before moving to accept the abstract.
Commissioner Maxey moved to accept the abstract; Commissioner Ross seconded the motion and the board approved it by voice vote.
What happens next: once accepted, the assessor's office will notify the county's local governments and school districts so they can finalize budgets and report mill levies and revenue by Dec. 15, the assessor said.
