Hello Jeffco Taxpayers,
In 2020, HB20-1421 was passed, giving cities and counties the option to defer, suspend or reduce accrued interest on delinquent property tax payments for any period between June 15 and October 1, 2020. HB20-1421 benefited Jefferson County taxpayers and businesses who were struggling financially in the midst of the COVID-19 economic downturn to receive some options for payment and avoid a tax lien sale. It also benefited the counties who chose to adopt this policy by allowing them to increase their rate of collection and be better able to disburse funds to the districts (school, fire, cities, urban drainage, etc…) as budgeted.
Currently, as of June 10, 2021, Jefferson County is approx. 8% lower in property tax collections than in 2020. As you know, many counties, including Jefferson County, have just adopted the “All Clear” pandemic status on May 16, 2021. Many taxpayers are still struggling to pay their property taxes. Several counties have received substantially less than the average year with many individuals and businesses still struggling to recover from the effects of COVD-19.
SB21-279 mirrors the intent of HB20-1421, with no substantive changes. The bill allows a county, through a conferral by the board of county commissioners and requiring consent of the county treasurer, to temporarily reduce, waive, or suspend delinquent interest payments for property tax payments for any period between June 16, 2021, and September 30, 2021.
In an effort to collect delinquent property taxes and to make special districts and the County whole with regards to collections and distributions, I will be waiving delinquent property tax interest from June 16 through September 15, 2021 to encourage property owners to pay their delinquent property taxes in 2021.
There is still a declared emergency in Colorado and not everyone is recovering at the same speed fromCOVID-19. This one-year-only measure will help taxpayers get caught up in 2021 and avoid a tax lien sale.
Please click on the link below for the full June/2021 update.