The Colorado Legislature recently passed a bill that grants county treasurers the authority to waive delinquent interest between June 15, 2020, and October 1, 2020, for 2019 taxes payable in 2020. This is similar to two previous executive orders signed by Governor Jared Polis that waived interest through April 30, 2020.
Based on this new legislation, Larimer County Treasurer Irene Josey will waive delinquent interest for any taxpayer who still owes current year property taxes beginning on June 16, 2020. Taxpayers may submit payment until September 30, 2020 without penalty of delinquent interest.
Interest on delinquent property tax payments from prior years and redemption interest on property tax liens are excluded from this waiver.
Beginning October 1, 2020, interest will accrue at the statute-mandated 1% per month and be subject to advertising and distraint fees as scheduled. The Larimer County Tax Lien Sale will remain scheduled for November 19, 2020. All property taxes must be collected to meet the budgetary requirements of all certified taxing authorities. The annual tax lien sale is held to collect these unpaid taxes.
Treasurer Josey encourages those who are able to pay their property taxes before the waiver ends to please do so. The timely receipt of property taxes is essential to the effective delivery of services to you by our county health department, fire districts, cities, towns, and special districts and local law enforcement agencies.
If you have any questions or concerns, please contact the Treasurer’s Office via email at lctreasurer@larimer.org or by phone at 970-498-7020. Information is also available on our website at http://www.larimer.org/treasurer.