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Colorado property owners to face astronomical tax increases next year

Big jump in home values during pandemic will result in bigger tax bills absent relief

Houses dot the landscape at Colorado's ...
A private plane crashed on Emerald Mountain just after midnight on Friday as it was looking to land in Steamboat Springs. Four people died in the crash. (Thomas Peipert, The Associated Press)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Colorado homeowners, no longer protected by the Gallagher Amendment, face an unprecedented increase in their property taxes next year as the run-up in home prices during the pandemic works its way into the tax base.
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