Senior Property Tax Exemption - For those who qualify, 50 percent of the first $200,000 of actual value of the property is exempted. Owners of multiple residences may designate only one property as their primary residence. The state will pay the exempted property tax.
Disabled Veteran Property Tax Exemption - For disabled veterans who qualify, 50 percent of the first $200,000 of actual value of the veteran’s primary residence is exempted. Owners of multiple residences may designate only one property as their primary residence. The state will pay the exempted property tax.
Other Exemptions: School-Church-Charitable - Property which is owned and used solely and exclusively for religious purposes, for private schools, or for strictly charitable purposes is exempt, §§ 39-3-106 through 113 and 116, C.R.S. Owners of property which may qualify for exemption as owned and used for religious purposes, a private school, or strictly charitable purposes must file an application with the Property Tax Administrator.