Skip to main content

Public Infrastructure Debt & Mill Levy Information

Debt Authorized for Public Infrastructure:  $300,000,000 Aggregate | $80,000,000 per district


Maximum Mill Levy to Repay Public Infrastructure Debt (Debt Service Mill Levy):  50.000 (subject to adjustment)

 

Estimated Property Tax Example

To help illustrate how the District’s mill levy translates into annual property taxes, the example below uses a representative home value of $450,000. Based on the current residential assessment rate of 6.8%, the assessed value would be $30,600. Applying the District’s combined 60.000 mill levy to that assessed value results in an estimated annual District property tax of $1,836.

Since this information was originally established, legislative changes have adjusted the residential assessment rate. The District’s mill levy may also be adjusted, if necessary, to remain revenue neutral.

This example is provided for informational purposes only. Actual property taxes will vary based on a home’s market value, assessed valuation, changes in assessment rates, and other taxing authorities included on a property tax bill. For an estimate specific to your property, please consult the County Assessor or County Treasurer.

The image shows a property valuation table with actual value, assessment rate, assessed valuation, and property tax calculations.


 

Types of Revenue Used to Repay Public Infrastructure Debt:
Ad Valorem Property Taxes
Other Sources Authorized by Law & as the District May Determine
Fees, Rates, Tolls, Penalties & Charges

 

For more information regarding property taxes, please visit the Colorado Property Tax Map, launched by the Department of Local Affairs (DOLA) in May 2025


Detailed property-specific property tax data may be found on your respective County Assessor's website.

 

You can also find us on the Colorado Division of Local Government (DOLA) Information System.