Routt County Treasurer Tax Information
Collection and disbursement of taxes, tax roll certification, payment due dates, interest calculations, tax statements, payment options, and specific ownership tax distribution in Routt County.
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Presentation Transcript
Tax Collection /Disbursements Lane Iacovetto Routt County Treasurer
Tax Roll The Tax Roll is certified by the Assessor to the Treasurer no later than January 10 of each year. 39-5-129
Tax collection Colorado Statutes dictate how to collect taxes. Tax Statement 39-10-103 (1) Payment Due Dates 39-10-104.5 Interest Calculation 39-10-104.5
Tax Statement Mail or send electronic notification as soon as possible after January 1st Total of current year taxes payable Actual Value and Assessment Value Statement on moving Manufactured Home w/out permit Statement on failure to received notice shall not preclude collection by Treasurer Statement desiring receipt for payment- person shall request receipt List mill levies and taxes for districts within county. 39-1-121 Statement on SB 25 Taxpayer may request electronic copy. See Tax Statement Presentation Quadrennial 2023
Payment Due Dates Option to pay: One full payment by April 30th or Two half payments due last day in February and June 15th There shall be no installment payment of taxes totaling less than $25.00 - April 30th due date. 39-10-104.5 USPS Postmark On or before due date= no penalty If the date for filing a tax payment falls on a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day.
Interest Calculation Interest of 1% accrues on the 1stday of the following month, except in June, interest is accrued on June 16th If tax statement is mailed LATE- interest accrues 30 days after mailing date. Portions of the month are counted as a whole
Specific Ownership Tax Distribution What is Specific Ownership Tax?? The Specific Ownership Tax was enacted in 1937. SOT or SO Tax, is assessed on motor vehicles annually and is calculated based on a vehicle s value and age. Exemptions are made by statute for government vehicles, agricultural machinery, mobile homes, and vehicles owned by military personnel and certain veterans. There are five types of SOT Class A, B, C, D and F
How is Specific Ownership Tax Calculated? Distribution of SOT is calculated per CRS 42-3-107 (24) (a) Each January, the Treasurer of each county shall calculate the percentages that the dollar amount of ad valorem taxes levied in the Treasurer's county during the preceding calendar year for county purposes and for the purposes of each political and governmental subdivision located within the boundaries of the Treasurer's county were of the aggregate dollar amount of ad valorem taxes levied in such county during the preceding calendar year for said purposes. The percentages so calculated shall be used for the apportionment between the county itself and each political and governmental subdivision located within its boundaries of the aggregate amount of specific ownership tax revenue to be paid over to the Treasurer during the current calendar year.
To calculate the SOT distribution for Routt County for the distribution year take the total taxes from the prior years (prior tax year) tax abstract (=$62,528,002.00), less the $2,034,508.00 gross revenue for any district who do not receive SOT CRS 42-3-107 case law N. Colo. Water Conservancy Dist. v. Witwer, 108 Colo. 307, 116 P.2d 200 (1941). The total taxes pertinent from previous year is $62,528,002.00-$2,034,508.00= $60,493,494.00. For an example, I will use Sunlight Metro District because it is fairly easy to find on the above graphic. Of the total taxes Sunlight Metro receives gross revenue of $24,562.93 or 24562.93/60493494 or 0.0406026% of the total SOT.
How do you demonstrate transparency regarding SOT Distribution ?
I hand calculate SO Tax and verify against Tyler calculations. I email the master sheet with a spreadsheet that the taxing authorities can plug the total monthly SOT in and it calculates what they should see on their tax notice. This also has a direct link to the tax abstract so the authorities can hand calculate themselves if they would like. Every Month I send the total SOT amount to the tax authorities in my monthly email and they can cross check the distribution. Some school districts like to combine their bond SOT to disburse into their general, you can do this easy in Tyler system.
Property Tax Distribution 39-10-107 All taxes collected by the treasurer shall be apportioned, credited, and distributed to the state, county and the several towns, cities, school districts, and special districts within the county on the tenth day of each month for all taxes collected during the immediately preceding month Exceptions: If the amount of taxes collected for the month equals less than $100 the treasurer may elect to distribute the amount on a quarterly basis. If the amount of taxes collected for the month equals less $50 the treasurer may elect to distribute the amount on an annual basis. Amounts distributed shall be reduced by Abatements, refunds and Treasurer s fees Special School Distributions- On or before the 24th day of in March, May and June Treasurer shall make an additional payment to the school district(s), which payment shall consist of all taxes collected through the 20th day of the respective month or through the 18th day if the population is less than 5,000. See CRS 39-10-107(3) A statement detailing collections must be supplied by the 10th of each month
Special Assessments Delinquent charges and assessments certified to the County (Treasurer) will be collected in the same manner as property taxes, pursuant to 31-20-105, 31-20-106, 31-25-531 and 32-1-1101, Colorado Revised Statutes. Fees for Collection Cities and Towns/Municipalities A 10% collection fee (retained by the Treasurer) is added to the certified amount due from the property owner. A 1% Treasurer's fee is collected at the time of distribution to the municipality. C.R.S.30-1-102(1)(c) Fees: C.R.S. 30-1-102; Collection Authority: C.R.S. 31-20-105, 106 Special Districts Accounts must be minimum six months delinquent. A minimum charge of $150.00 must be certified for collection. C.R.S. 32-1-1101e A 30% collection fee (retained by the Treasurer) is added to the certified amount. A Treasurer's fee of 1% is collected at the time of distribution to the district. C.R.S.30-1-102(1)(c) Fees: C.R.S. 32-1-1101
Payment in Lieu of Property Taxes (PILT) Payments in Lieu of Taxes (PILT) are Federal payments to local governments to help offset losses in property taxes due to the existence of nontaxable Federal lands within their boundaries. PILT payments help local governments carry out such vital services as firefighting and police protection, construction of public schools and roads, and search-and-rescue operations. PILT payments are made annually for tax-exempt Federal lands administered by Department of the Interior agencies, including the Bureau of Land Management, the National Park Service, the U.S. Fish and Wildlife Service, and the Bureau of Reclamation. In addition, PILT payments cover Federal lands administered by the U.S. Forest Service, the U.S. Army Corps of Engineers, and the Utah Reclamation Mitigation and Conservation Commission. PILT payments are one of the ways the Federal Government can fulfill its role of being a good neighbor to local communities.
Delinquent Personal Property Tax 39-10-109 After June 15, all persons delinquent in the payment of taxes on personal property shall be notified by mail of the amount of delinquent personal property taxes and interest due and owing Payment of the unpaid personal property taxes and interest thereon must be paid by August 31; publication of such delinquency will be made during the month of September. 39-10- 110 After the first day of October, the Treasurer shall enforce collection of delinquent taxes on personal property A Distraint Warrant is a document that is served by the sheriff, indicating the amount due and date to be paid by, stating property is not to be removed or destroyed. If the taxes are still not paid, the property could be seized, advertised and sold at an advertised sale
Delinquent Manufactured Home 39-10-111 After the first day of October, the Treasurer shall enforce collection of delinquent taxes on manufactured homes. Once advertisement is completed, Distraint Warrants are prepared on any manufactured home units that remain unpaid. Those Distraint Warrants may be submitted to the Sheriff s office for service of process
Delinquent Tax Statements 39-11-101 Except as provided in 39-2-117(I)(a) applications for exemptions no later than September 1 of each year, the Treasurer shall send a notice by mail, at the person s last-known address, to each person by whom taxes for the previous year are known to be due and unpaid. See Quadrennial 2023 Presentation #14 Delinquent Notices
Reports Monthly Reports Treasurer presents a monthly report to the commissioners Semiannual Reports 30-25-111 (2) Published January and June of each year Year End Uncollected Personal Property and Mobile Homes 39-10-114 (2) State reports of all abated, refunded, cancelled taxes
Treasurers Fees 30-1-116 - When any officer negligently or willfully fails to collect any such fee, the same shall be charged against his or her salary. Fee percentages will depend on your county classification. 30-1-102. TOWN AND CITY TAXES: 1% OR 2% (depends on classification) SCHOOL TAXES: (General Fund) % (Bonds) Negotiable TAXES OF EVERY OTHER KIND: Depends on classification 1%-1 %-2%-3%- 5% MONEY OTHER THAN TAXES: 1% https://www.e-ccta.org/Forms/Treasurer/Fee%20Schedule%20Revised%208-5-20.pdf
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