General Tax Information

Real Property Tax Formula
Actual Value X assessment rate X (Mill Levy / 1000) = Tax Dollars
Current Residential Assessment Rate is 7.96%
Commercial Assessment Rate is 29%

Business Personal Property Tax Formula
Actual Value X assessment rate X (Mill Levy / 1000) = Tax Dollars
Current Business Personal Property Assessment Rate is 29%

Mill Levy
Each individual Taxing Authority such as:
  • Schools
  • County
  • City
  • Fire Department
  • Water and Sanitation District
  • Recreation District
  • Any other Special Districts
Sample Breakdown (Wheat Ridge)
  • County: 24.346
  • School: 49.053
  • Wheat Ridge: 1.7860
  • Urban Drainage and Flood Cont. District: 0.5320
  • Urban Drainage and Flood C So. Platt: 0.0650
  • Wheat Ridge Fire District: 4.4000
  • Wheat Ridge San. District: 0.5830
  • Total: 80.7650