Residents of Parker Fire District to See Lower Tax Bill

By
Real Estate Agent with Bandy Homes

The Parker Fire District Board of Directors at their November meeting made a big decision that should results in the residentsof Parker seeing their property tax bill lowered.  The board cut the levy assessment by one mil at their November meeting. They were able to do so as a result of innovative budget cuts along with more than expected revenues.

Dan Qualman , Fire chief said, “Rather than keep more money than we needed, we decided to give the money back to the residents.” Residents of Parker Fire District have been paying 13.978 mils a year in property taxes and with the new budget cuts residents will now pay 12.978 mils.  At the same time the district is moving to fully consolidate with South Metro Fire Rescue.  Each mil in tax rate is equal to $1 of property tax for every $1,000 of your property’s assed value.

If you have a home in the Parker Fire District that is valued at $300,000 then your assessed value would be $23,880. With the new tax savings the property owner should see a drop of $23.88 on their taxes.

Since 2008 Parker Fire District and South Metro Fire Rescue have been working together under an intergovernmental agreement with plans to be completely consolidated by 2016.

“The department is working diligently to get our budget to the place where we can sustain a 9.25mil levy beyond 2015,” Qualman said.

In an effort to cut the budget the Fire District has eliminated or not filled over 33 positions since 2008.

If you are in the market sell or buya home in Parker, contact theBandy Team. We would be delighted to help you buy or sell a home in Parker, and the surrounding Denver area.

Until Next Time,

Marianne Bandy

The Bandy Team

RE/MAX Professionals - Denver, CO

"From Our Heart to Your Home"

720-870-0862

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