Property Tax Exemption for Senior Citizens and Disabled Veterans
A property tax exemption is available to senior citizens, surviving spouses of senior citizens and disabled veterans. For those who qualify, 50% of the first $200,000 in actual value of their primary residence is exempted. The state pays the exempted portion of the property tax.
Note: The General Assembly must approve funding for the senior citizen exemption each tax year. The disabled veteran’s exemption is permanently funded and does not require General Assembly approval each year.
Once an application is approved, the information remains in effect for future years, and the applicant should not re-apply.
Application requirements are as follows:
SENIOR EXEMPTION: This exemption is available to applicants who: a) are at least 65 years of age as of January 1st of the year of application, b) owned their home for at least 10 years as of January 1st of the year of application, and c) occupied their home as their primary residence for at least 10 years as of January 1st of the year of application. Limited exceptions to the ownership and occupancy requirements are detailed in the qualifications section of the application. The senior citizen exemption is also available to surviving spouses of senior citizens who met the requirements on any January 1st after 2001. The application deadline is July 15th each year. The application form is available below, or from the County Assessor’s Office, or from the Division of Property tax website. Completed forms must be submitted to the County Assessor at the following address:
Fremont County Assessor
615 Macon Ave.
Cañon City, CO 81212
Phone (719) 276-7310
DISABLED VETERAN EXEMPTION: This exemption is available to applicants who: a) sustained a service-connected disability while serving on active duty in the Armed Forces of the United States, b) were honorably discharged, and c) were rated by the United States Department of Veterans Affairs as one hundred percent “permanent and total” disabled. VA unemployability awards do not meet the requirement for determining an applicant’s eligibility. The applicant must have owned and occupied the home as his or her primary residence since January 1st of the year of application; however, limited exceptions to the ownership and occupancy requirements are detailed in the eligibility requirements section of the application. The application deadline is July 1st each year. Application forms are available below, or from the Division of Veterans Affairs at the address and phone number shown below, or from http://vets.dmva.state.co.us:8000/?page_id=306. Completed applications must be submitted to the Colorado Division of Veterans Affairs at the following address:
Colorado Department of Military and Veterans Affairs
Division of Veterans Affairs
1355 S. Colorado Blvd., Bldg C, Suite 113
Denver, CO 80222
Phone (303) 284-6077 Fax (303) 284-3163
or visit http://vets/DMVA/State/CO.US:8000
|Exemption Application||Property Tax Exemption Application for Qualifying Disabled Veterans|
|Application Instructions||Property Tax Exemption for Qualifying Disabled Veterans Overview|
|Property Tax Exemption Long Form||Long Form: Property Tax Exemption for Seniors|
|Long Form Instructions||Senior Property Tax Homestead Exemption Instructions|
|Property Tax Exemption Short Form||Short Form: Property Tax Exemption for Seniors|
|Short Form Instructions||Senior Property Tax Homestead Exemption Short Form Instructions|