What You Need to Calculate Property Tax Revenue Limits
For Budget Year 2025 (Tax Year 2024), you will need the following in order to calculate revenue property tax revenue limits.
Preliminary 5.5% Limit
Final 5.5% Limit
Preliminary TABOR Limit
Form Number | Description | Budget Year |
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DLG 53a | Blank Property Tax Revenue Limit Calculations Worksheet - Excel spreadsheet | 2025 |
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DLG 57 | Certification of Valuation By County Assessor (dated August 2024) | 2025 |
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DLG 70, if applicable | Base revenue amount: your government’s policy or precedent that defines the base property tax revenue that will be increased by the allowed TABOR percentage. If this base amount is the actual amount of property tax levied in the prior year (2023 Tax Year / 2024 Budget Year) you will find the amount on Form DLG 70, Certification of Tax Levies for Non-School Governments | 2024 |
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n/a | The Denver Aurora Lakewood Consumer Price Index (“CPI”) for 2024. Official forecasts of the Denver Aurora Lakewood CPI are available from two state agencies: the Office of State Planning and Budgeting and Legislative Council. You can also view this forecast information on the DOLA website. Please remember these are forecasts only. You will need to adjust your calculation of the 2025 budget year TABOR limit in spring 2025 when the federal government releases the actual CPI for 2024. This will also be posted on the DOLA website by March 2025. | |
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Final TABOR Limit
Form Number | Description | Budget Year |
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DLG 53a | Blank Property Tax Revenue Limit Calculations Worksheet - Excel spreadsheet | 2025 |
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DLG 53a | Initial Property Tax Revenue Limit Calculations Worksheet that you completed, see above table | 2025 |
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DLG 57 | “Re-Certification” or “Revised Certification” or “Amended Certification” of Valuation By County Assessor (final, dated Nov/Dec 2024) | 2025 |
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