The Sandoval County Commission will approve 2017 property tax rates this week—and county taxpayers will be pleased to know those rates are lower than they have been in many years.
These lower rates are due largely to two specific factors:
• Sandoval County voters decided in last year’s election to discontinue the 4.25 mill levy going to local hospitals
• The Sandoval County Assessor’s office completed a county-wide property reappraisal project that added many new properties to the tax rolls, thus allowing rates across the county to be reduced.
“The employees in the assessor’s office worked extremely hard on this multi-year reappraisal project,” said Christie Humphrey, chief deputy assessor, “but we couldn’t have done it without unwavering support from the county commission. Don Chapman, the commission chairman, was a staunch supporter from the start and always realized the importance of this work.”
Taxpayers’ savings as a direct result of the lower tax rates will range from $106.10 to $177.60 per $100,000.00 of full property value, depending on its location within the county.
“Those of us who work in the assessor’s always knew it was important to have our records reflect the true value of property across the county,” Humphrey said. “It’s nice to see the hard work that has gone into that effort start to pay off for the citizens of Sandoval County.”
The county commission is expected to approve the tax rates at its regular meeting on Thursday, September 21, 2017.