2024 San Juan County CO Abstract of Assessment
2024 San Juan County Colorado
Abstract of Assessment: What Property Owners Need to Know
Overview
The 2024 San Juan County Abstract of Assessment provides an in-depth look at property valuation, tax revenues, exemptions, and key deadlines for property owners in the county. This annual report, prepared by the Assessor’s Office, outlines how property taxes are assessed and distributed across various sectors, including residential, commercial, and public utilities. Here’s a breakdown of the key takeaways for property owners.
Property Assessments: Where Your Tax Dollars Go
San Juan County’s total assessed taxable value for 2024 is $73,362,974, with an additional $69,206,094 in exempt properties. Here’s how property types contribute:
- Residential: $23,470,143
- Commercial/Industrial: $18,795,273
- Vacant Land: $13,964,931
- Patented Mining Claims: $14,517,744
- Public Utilities: $2,614,800
Property Tax Revenue Streams
- School District #1: 38% of tax revenue
- San Juan County General Fund: 45%
- Town of Silverton: 13%
- Durango Fire Protection District: 3%
- Southwest Water Conservation District: 1%
2024 Mill Levies by Tax Area
- Town of Silverton: 47.089 mills
- South County: 44.729 mills
- Remainder of the County: 36.529 mills
Formula for Calculating Property Taxes: AssessmentRate×MillLevies/1000=PropertyTaxesAssessment Rate × Mill Levies / 1000 = Property Taxes
For 2023-2024, there are temporary deductions:
- Residential properties: $55,000 per parcel
- Commercial buildings: $30,000 per parcel
These deductions reduce taxable values before assessment rates are applied.
Property Tax Exemptions: Who Qualifies?
San Juan County offers property tax exemptions for seniors, disabled veterans, and surviving spouses of veterans. The state covers the exempted portion, but funding is subject to legislative approval.
Senior Citizen Exemption
- Eligibility: At least 65 years old as of January 1, owned and occupied the home for 10+ consecutive years.
- Benefit: 50% exemption on the first $200,000 of actual value.
- Application Deadline: July 15, 2024.
Disabled Veteran & Surviving Spouse Exemption
- Eligibility: Veterans with 100% permanent disability, or surviving spouses of qualified veterans.
- Benefit: 50% exemption on the first $200,000 of actual value.
- Application Deadline: July 1, 2024.
Gold Star Spouse Exemption
- Eligibility: Surviving spouses of “Gold Star” Veterans.
- Benefit: 50% exemption on the first $200,000 of actual value.
- Application Deadline: July 1, 2024.
Apply for exemptions online or visit the San Juan County Courthouse at 1557 Greene St, Silverton, CO.
Important 2025 Deadlines for Property Owners
- January 1: Property assessment date
- February 28: Half of property tax payment due (if paying in installments)
- April 30: Full property tax payment due (unless first half was paid by February 28)
- June 16: Second half of property tax payment due
- July 1: Application deadline for Disabled Veteran & Gold Star Spouse Exemptions
- July 15: Application deadline for Senior Citizen Exemption
- November 19: Tax lien sale for unpaid 2024 property taxes
Property Tax Deferral Program
San Juan County allows eligible senior residents (65+) and active-duty military personnel to defer property tax payments through a state-funded loan.
- Who Qualifies? Homeowners who have paid prior years’ taxes and meet income requirements.
- How It Works: The State Treasurer pays the deferred taxes, which become a lien on the property accruing interest.
- Application Deadline: April 1, 2025.
Paying Your Property Taxes
- Online: San Juan County Treasurer’s Office
- By Mail: Send checks to San Juan County Treasurer, PO Box 368, Silverton, CO 81433
- Phone: 970-387-5488
- Email: treasurer@sanjuancolorado.us
To avoid penalties, ensure payments are on time—either in full by April 30 or split into two payments (February 28 & June 16).
Final Thoughts
The 2024 San Juan County Abstract of Assessment serves as an essential guide for property owners. With tax revenue supporting schools, public services, and local infrastructure, understanding how assessments are calculated and where tax dollars go helps residents navigate their responsibilities. If you qualify for exemptions or deferrals, be sure to apply before the deadlines to take full advantage of tax relief programs.
Stay informed, meet deadlines, and ensure your property taxes are managed efficiently!
📌 For more details, visit San Juan County’s official site. Or view the official mailer they sent out, available here as a PDF: