A property tax exemption is available for citizens who are 65 or older, and who have owned and lived in their home (as their primary residence) for at least 10 years prior to January 1 of the year in which he or she applies. The Colorado legislature, not the City and County of Denver, controls the amount of the exemption, and all citizens who have been approved for the exemption in 2018 or in any prior year should see a reduction in the property tax bill they received in January, 2019.
The application must be filed by July 15 of the year for which exemption is requested. Filing will be considered timely if the application is postmarked no later than July 15. Under no circumstance will an exemption be allowed for any property taxes assessed prior to the year in which the qualified individual first files an exemption application.
If you already applied for this exemption in a prior year and were approved, you do not need to apply again. However, any changes in property ownership or occupancy must be reported within 60 days of the change. Please contact us with any questions.