Property Tax Exemption for Senior Citizens and Veterans with a Disability Senior Citizens in Colorado Property Tax Exemption
The senior property tax exemption is available to senior citizens and the surviving spouses of senior citizens. The state reimburses the local governments for the loss in revenue. When the State of Colorado’s budget allows, 50 percent of the first $200,000 of the actual value of the qualified applicant’s primary residence is exempted.
Applications for the property tax exemption must be mailed or delivered to your county assessor’s office. Applications should not be returned to the Division of Property Taxation. Applications sent to the incorrect address or agency may delay or cause problems with processing your application.
Property Tax Exemption for Senior Citizens and Veterans with a Disability