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Assessor reports about $3.7 million net increase in taxable value in flood-affected districts
Summary
Lincoln County Assessor LeeRoy Zamora told commissioners that combined residential and non-residential taxable value in flood-affected districts rose by about $3.7 million from 2025 to the 2026 valuation year, noting continued residential rebuilding and uncertainty about impacts from pending disabled-veteran exemption legislation.
Lincoln County Assessor LeeRoy Zamora presented a valuation analysis for areas affected by the 2025 South Fork flood, reporting the combined residential and non-residential taxable value across affected school districts increased by roughly $3.7 million in the transition from the 2025 to the 2026 valuation year.
Zamora said residential sales and building permits for reconstruction helped limit valuation losses, while commercial (non-residential) activity remained limited. He noted the Assessor's Office has accounted for percentage disabled-veteran exemptions currently on file and discussed the possible effect of pending House Bill 285, which would alter aspects of 100% disabled-veteran property tax exemptions; the office cannot estimate the full impact until the legislation is finalized and exemption applications are processed.
Commissioners asked for updated estimates after the Legislative Session; Zamora agreed to return with revised numbers once assessments and legislation outcomes are clear.
