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KUNC is among the founding partners of the Mountain West 做窪惇蹋 Bureau, a collaboration of public media stations that serve the Western states of Colorado, Idaho, Nevada, New Mexico, Utah and Wyoming.

Mountain West lawmakers seek property tax relief as home values soar

A skier skis down a mountain that overlooks a snow covered downtown Aspen, Colo.
Andrew Wilz
/
AP
A skier enjoys the mountains above Aspen, Colo. where residential and commercial properties are some of the highest in the West.

做窪惇蹋 brief: 

State officials around the Mountain West are looking to provide property tax relief to residents as they struggle with the increasing costs of living in the region.

Property tax formulas depend on where you live, but the amount is generally based on the value of your home. In the Mountain West, those yearly bills are getting larger as demand to live in the region keeps rising and .

In Wyoming, property taxes in 2021. State Sen. Mike Gierau, D-Jackson, recently testified that the issue is acute in resort areas and other highly desirable communities.

I'm talking about counties that are surrounding our national parks, counties that are getting historic growth, he said.

In Idaho, property taxes have risen about 65 percent just in the past five years, .

Coloradans are facing what the Denver Post as "unprecedented and unsettling" property tax hikes as the median prices of homes in Front Range communities and mountain towns soar.

Gierau said the bills are a growing burden especially for lower-income folks and older residents on social security.

Our teachers, our firefighters, first responders people that are working every day that are struggling at their kitchen table with their issues, their costs, right now, he said.

Thats why Wyoming lawmakers for low- and middle-income homeowners. Montana recently passed a similar but broader measure, . A would also provide relief. Some Colorado lawmakers .

This story was produced by the Mountain West 做窪惇蹋 Bureau, a collaboration between Wyoming Public Media, Nevada Public Radio, Boise State Public Radio in Idaho, KUNR in Nevada, the O'Connor Center for the Rocky Mountain West in Montana, KUNC in Colorado, KUNM in New Mexico, with support from affiliate stations across the region. Funding for the Mountain West 做窪惇蹋 Bureau is provided in part by the .

Copyright 2023 Wyoming Public Radio. To see more, visit .

Will Walkey