It is the duty of the Assessor to make a fair and equitable assessment of all property in El Paso County. Taxes are distributed equally in accordance with the value of each taxpayer’s property.
The percent of actual value of all residential property is determined by the State Legislature. For 2022 and 2023, it is set at 6.95%. Commercial, vacant land, Industry, oil and gas, and lodging properties are valued at 29%, renewal energy production is valued at 26.4%, agricultural property is valued at 26.4%, and multi-family housing is valued at 6.80%.