If on January 1, you own, lease or borrow business personal property with a total market value greater than $50,000, the assets must be reported to our office no later than April 15, 2024. Pursuant to § 39-3-119.5, the personal property minimum filing exemption (“threshold” exemption) amount for tax year 2024 is $50,000 or less in total actual value.
Owners who disagree with the value have the opportunity to object on or before July 1. Once an objection has been filed, the assessor will review your account and mail you a Notice of Determination by July 10. If you disagree with the assessor's decision, you may file an appeal with the county board of equalization. If you disagree with the county board's decision, you may file an appeal with the State Board of Assessment Appeals or the district court, or you may request a binding arbitration hearing within 30 days of the county board’s mailed decision.
All of the declaration schedules are available on the State's website in PDF format. The correct declaration schedule depends on the type of property being reported to the county assessor.
The completed forms and supporting information should be submitted to:
San Juan County Assessor
PO Box 596
Silverton CO 81433