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County denies two Alter Trading business personal-property abatement petitions
Summary
Weld County denied two abatement petitions for Alter Trading Corporation's business personal property (schedules P0000897 and P0006002), with the assessor saying the company misreported acquisition years and that valuation work will continue through the Board of Assessment Appeals process.
Weld County Assessor Jason Marini told the board that Alter Trading Corporation (doing business as Anderson Salvage and another salvage yard) incorrectly reported acquisition years in their declarations, which affected business personal property valuations. The assessor recommended denying both petitions and holding the 2025 values at $25,426,431 (P0000897) and $946,271 (P0006002), noting staff are working with the taxpayer to determine the correct values and that the petitioner may appeal to the Board of Assessment Appeals.
No representative for the taxpayer was present in the room for the first petition; the assessor requested denial to preserve the taxpayer’s right to appeal. Commissioners voted to deny both petitions and the record notes the denials preserve the appeal process.
