Mill Levies, Tax Areas, & Special Districts
Mill Levies
A “mill” is a monetary term that means one one-thousandth (1/1000) of a dollar.
A mill levy, sometimes called a tax rate, is used by local governments to convert assessed value into property tax. Taxing entities generally express their tax rates in terms of mill levies. It is the ratio between the property tax revenue needed, and the total assessed value of the property located within the boundaries of the taxing entity's jurisdiction.
Since a mill levy is a tax rate, if a taxing entity sets its mill at 15.000, that means they collect $0.015 of every dollar of assessed value.
Summit County Government’s Mill Levy
The Summit County Government mill levy for 2023 is 19.809.
68% of the mill levy was voted on and approved in an election by the voters of Summit County.
Only 32% of the mill levy goes to the General Fund. Here is how the 19.809 mills are distributed.
General Funds = 6.271 mills
Road and bridge fund, library fund, etc.
Voter Approved Funds = 13.538 mills
Mandated funds passed by voters, including Strong Future, Safety Fast, Safety First fund programs like wildfire mitigation, public safety, open space, childcare, housing, behavioral health, facilities, and more.
Total 2023 Mill Levy = 19.809
|
Town |
2022 Assessed |
Mill Levy |
Property Tax Revenue |
|
Town of Blue River |
$55,136,360 |
12.290 |
$677,626 |
|
Town of Breckenridge |
$728,572,750 |
5.070 |
$3,693,864 |
|
Town of Dillon |
$111,888,030 |
3.083 |
$344,951 |
|
Town of Frisco |
$257,564,650 |
.0798 |
$205,537 |
|
Town of Silverthorne |
$281,094,650 |
0.0 |
$0 |
|
Town of Montezuma |
$2,603,010 |
3.188 |
$8,298 |
Town Mill Levies
Most Towns receive a higher percentage of sales tax revenue than the County or other special districts, and so their mill levies are lower, since they do not need to collect as many property tax dollars in order to fund their programs and services.
Special Districts
Special Districts are local governments, which include counties, municipalities (cities and towns), school districts, and other types of government entities such as "authorities" and "special districts."
Colorado law limits the types of services that county governments can provide to residents, so, special districts are created to fill the gaps. The majority of districts draw their boundaries in unincorporated county land, but residents of a municipality may be included in one or more districts.
Special Districts are all taxing entities that may levy a tax on properties.
Other Districts & Levies
To the right, you can find a list of all other districts, or taxing entities, in Summit County, Colorado, including the valuation of the property within their district in 2022, their mill levy, and associated revenue collection. Click the chart to enlarge it.
|
District Name |
2022 Assessed |
Mill Levy |
Property Tax Revenue |
|
Alpensee Water District |
$4,228,840 |
50.000 |
$211,442 |
|
Alpine Metropolitan District |
$5,710 |
0 |
$0 |
|
Breckenridge Mountain Metro District |
$59,544,810 |
24.500 |
$1,458,848 |
|
Breckenridge Mountain Metro District, Sub-A |
$3,047,680 |
65.000 |
$198,099 |
|
Buffalo Mountain Metro District |
$79,315,620 |
15.000 |
$1,189,734 |
|
Colorado River Water Conservation District |
$2,458,966,100 |
0.501 |
$1,231,942 |
|
Colorado Mountain College (CMC) |
$2,449,685,940 |
4.085 |
$10,006,967 |
|
Copper Mountain Consolidated Metro District |
$97,834,410 |
20.612 |
$2,016,563 |
|
Corinthian Hills Metro District |
$9,289,340 |
7.912 |
$73,497 |
|
Dillon Valley District |
$30,722,290 |
0 |
$0 |
|
East Dillon Water District |
$79,162,880 |
2.498 |
$197,749 |
|
Fourth North Business Improvement District |
$898,440 |
16.000 |
$14,375 |
|
Fourth North Metropolitan District No. 1 |
$269,550 |
66.000 |
$17,790 |
|
Fourth North Metropolitan District No. 2 |
$134,770 |
66.000 |
$8,895 |
|
Fourth Street Business Improvement District |
$5,584,770 |
16.000 |
$89,356 |
|
Fourth Street Metropolitan District |
$451,580 |
66.000 |
$29,804 |
|
Frisco Sanitation District |
$277,070,910 |
0 |
$0 |
|
Hamilton Creek Metropolitan District |
$10,699,370 |
40.00 |
$427,975 |
|
Heeney Water District |
$1,984,450 |
6.960 |
$13,812 |
|
Kremmling Memorial Hospital District |
$25,471,060 |
7.045 |
$179,444 |
|
Lower Blue Fire Protection District |
$11,273,640 |
3.194 |
$36,008 |
|
Mesa Cortina Water and Sanitation District |
$15,370,050 |
0 |
$0 |
|
Middle Park Conservation District |
$2,458,966,100 |
0 |
$0 |
|
Middle Park Water Conservancy |
$2,458,966,100 |
0.046 |
$113,112 |
|
Red, White & Blue Fire Protection District |
$1,096,463,290 |
9.250 |
$10,142,285 |
|
South Maryland Creek Ranch Metro District |
$18,268,300 |
64.696 |
$1,181,886 |
|
Summit Fire and EMS |
$1,283,365,050 |
13.826 |
$17,743,805 |
|
Summit School District RE-1 |
$2,449,685,940 |
18.871 |
$46,228,023 |
|
Swan’s Nest Metropolitan District |
$8,218,820 |
19.000 |
$156,158 |
|
Timber Creek Water District |
$6,745,480 |
9.437 |
$63,657 |
|
Upper Blue Sanitation District |
$937,726,180 |
0 |
$0 |
|
West Grand School District #1-JT |
$9,280,150 |
29.991 |
$278,321 |
|
Willow Brook Metropolitan District |
$6,782,390 |
93.455 |
$633,848 |