Property Tax FAQs

Property tax notices are mailed as soon as possible after the first of each year. If you do not receive your notice by the end of January, contact the Treasurer's office.

If your property lies within the boundaries of the Morgan County, you will pay your property taxes to the Morgan County Treasurer. Taxes may be paid at the Treasurer's office or online.

Property taxes may be paid in full or by halves without interest by the following dates.
Full Payment Deadline: April 30
First Half Deadline: February 28
Second Half Deadline: June 15
If a deadline falls on a weekend or a holiday, the next business day will be considered timely payment.

You owe tax on your property whether you get a tax notice or not. If you are not sure if you owe tax, please check with the Treasurer's office.[/collapsed]

State law requires that the notice be mailed to the property owner. Most mortgage companies get their tax information from a private tax service or directly from the county. If you feel your mortgage company needs a copy of the tax notice, you may mail them a copy with your next payment.

In order to conserve tax dollars, the Morgan County Treasurer will not be sending second half notices. You should mark the June 15th deadline on your calendar.

Property taxes help pay for local government services, such as the following:
Public Schools; Police, Sheriff, and Fire Protection; City and County Roads; Water and Sewer lines; Public Libraries; Recreation and Parks; Public Health; Human Services

Property taxes paid after the deadlines accrue interest at the rate 1% per month. Delinquencies are normally advertised during the months of September and/or October. If at all possible, you should try to pay the tax by the end of August in order to avoid the publication charges. Remember that the next year's taxes will be coming due the first of the year. Make every effort to keep from falling behind on the payment of your property taxes because you could ultimately lose your property. To calculate the interest due, refer to the Interest Chart below, check online), or contact the Treasurer's office.

Required Date of Payment Last Day of February June 15 April 30
Month Paid Half Tax Option Full Tax Option*
  1st Installment 2nd Installment  
March 1% - -
April 2% - -
May 3% - 1%
June 1 - 15 4% - 2%
June 16 - 30 4% 1% 2%
July 5% 2% 3%
August 6% 3% 4%
September 7% 4% 5%
October 8% 5% 6%
November 9% 6% 7%
December 10% 7% 8%
*Total taxes less than $25.00 must be paid using the Full Tax Option.

A Certificate of Taxes Due is a certification that all property taxes have been paid on a property except those shown on the certificate as still due. This assures the purchaser of the certificate that there will be no hidden surprises such as prior year delinquent taxes not shown on the tax rolls. If such a case occurs, Morgan County will take care of any taxes that were omitted from the certificate. Statutory Reference: 39-10-115, Colorado Revised Statutes

Property taxes are calculated by multiplying the assessed value times the mill levy for the taxing area. The assessed value is a percentage of the actual value of your property (for more information concerning valuation for taxation, contact the Morgan County Assessor). The mill levy for the taxing area is the combination of the separate mill levies for each taxing authority whose boundaries encompass your property.

Example:
   $11,550 (Assessed Value)
x .099512 (Mill Levy Total - usually expressed as 99.512)
$ 1,149.36 Property Tax

Actual values are determined by the Assessor. Assessed values are derived from the actual values using formulas set by the Colorado Legislature.

The mill levy is the tax rate used to calculate the tax bills of individual properties within a taxing area (or district). Each taxing authority determines how much revenue they need from property taxes and divides that by the total assessed value of the properties within their boundaries as supplied by the Assessor.

Taxing authorities, including schools and fire protection districts, levy property taxes in an amount necessary to meet budget needs for the following year. If you want to have a voice in the amount of taxes you will be asked to pay, you should try to attend public budget hearings and get involved in the process.

Yes, The State of Colorado currently has three programs to assist senior citizens in paying their property taxes.

  1. The Tax Deferral program. A person who is sixty-five years of age or older or who is a person called into military service on January 1 of the year in which the person files a claim under this section may elect to defer the payment of real property taxes. To exercise this option, the taxpayer shall file a claim for deferral with the treasurer of the county in which the taxpayer's homestead is located. The claim shall be filed after January 1 and on or before April 1 of each year in which the taxpayer claims the deferral. If approved, the State Treasurer will pay the taxes for that year and attach a lien to the property. The lien will accrue interest at a rate set by statute and will become due and payable upon the sale of the property or the death of the applicant. Applications may be obtained from the Morgan County Treasurer. You may also download the form from the State Treasurer's website. Statutory Reference: §39-3.5-101 et seq., Colorado Revised Statutes
  2. The Senior Property Tax Exemption program. A "Qualifying disabled veteran" (an individual who has served on active duty in the United States armed forces, including a member of the Colorado National Guard who has been ordered into the active military service of the United States, has been separated therefrom under honorable conditions, and has established a service-connected disability that has been rated by the United States department of veterans affairs as one hundred percent permanent and total disability pursuant to a law or regulation administered by the department) or a Qualifying Senior (a homeowner who was 65 years or older on January 1st, has owned the property for more than 10 years as of January 1st, and resides in the home) can apply for this exemption. Applications are made to the Morgan County Assessor. Once you have qualified, the exemption will be applied to the actual value of your property up to 50% or a maximum of $100,000.00. Then, as long as the program is funded, the State of Colorado will pay the property tax on the exempted portion. Applications can be obtained from the Morgan County Assessor, (970) 542-3512, or online from the Colorado Property Tax Administrator. Statutory Reference: §39-3-201 et seq., Colorado Revised Statutes
  3. The Property Tax/Rent/Heat Rebate program. This is administered through the Colorado Department of Revenue State Income Tax system and is based on your income. If you are a full-year Colorado resident, 65 years of age or older, disabled, or a surviving spouse 58 years of age or older, you may qualify for the Property Tax/Rent/Heat Rebate and/or the Property Tax Deferral described above. Qualified applicants can receive a rebate of their property tax and of their heating expenses paid during the year, either directly or as part of their rent payments, by filing the Property Tax/Rent/Heat Rebate Application Form 104PTC. For more information, follow this link to the Colorado Department of Revenue web page, or check with the person who does your income tax preparation.