Written by: Christopher Pike - Ouray County News
Posted by: Erin Eddy - Ouray Realty and Investments
www.ourayland.com
www.ridgwayland.com
January 28, 2009
OURAY — Despite plummeting real estate prices in many parts of the nation, property taxes in Ouray County will likely remain the same, some may see an increase.
So said Ouray County Assessor Susie Mayfield in a recent report to the Board of County Commissioners. "Tax bills will show a slight increase because the values did not change," said Mayfield.
Mayfield told commissioners that property notices will be mailed the first week of May and assessed valuations will reflect values through June 30, 2008.
Mayfield said reasons for no anticipated declines are due to a combination of a more stable mortgage economy in this area, and the time frame when the valuations are conducted. She said Ouray County joins most counties throughout the Western Slope who report that property values are not expected to decrease, partly due to the fact that the Western Slope does not have the same level of foreclosures like the Front Range counties, which has been large in scope and well publicized.
"Mesa County is not seeing a drop in sales prices, and until that is shown, there won't be a reduction in assessed valuation there either," Mayfield said. "All of the Western Slope counties want to put together press releases in the form of an informational campaign notifying those land owners that their real property values will not decrease. We're all seeing the same trends."
Revaluations are made every odd year, and Mayfield, and some declines in value may be reflected through June 30, 2010, when her department finishes its next review process. At that time there could be data as evidence of declining values beginning with the tumultuous period beginning in last year's third quarter, when the nationwide banking credit crash occurred.
Another reason that some valuations will be less in certain communities is because some mil levies have changed. Mayfield explained that the mil levy varies when some communities or government districts are subject to the Taxpayers Bill of Rights (TABOR). Mayfield said under TABOR, a mil levy cannot increase without a vote.
Mayfield said last week that the Assessor's office does not make valuations based upon an individual property, but rather a "mass appraisal as part of our data analysis."
She explained that Log Hill Mesa property values may vary, for example, depending upon whether the lot or the residence is located on the edge of the escarpment or in the interior of the mesa.
Commissioner Keith Meinert jokingly encouraged Mayfield to make a mass mailing, (and) "do anything we can do to explain the voodoo calculations that you all go through and that people should not anticipate seeing a reduction in property values and may even see an increase."
For information go to the Assessor's Office link on the county website (www.ouraycountyco.gov).
Thursday, January 29, 2009
Friday, January 16, 2009
Ouray Ice Festival
ICE FESTIVAL – Spectators crowded the viewing decks during Saturday’s ice climbing competition in Ouray.
Mouse’s Chocolates was packed Saturday afternoon during the Ouray Ice Festival. The Variety Store was deserted.
Just how much the annual Ouray Ice Festival helps the town’s winter economy depends on who you talk to, but it’s good overall, said Jennifer Loshaw, director of the Ouray County Resort Association.
“It seemed like the climbers spent a lot more time in town and being part of the community,” she said. “I think it was great. A lot of people came out here with the intention of it being their vacation.”
Loshaw volunteered at the Ouray Ice Park Saturday and said the festival seems to be attracting a wider range of people, from senior citizens to young couples with babies.
The Ice Festival has been a big boost to Ouray’s winter economy, which Loshaw said extends past the festival.
“A lot of people had a lot of questions for me and it seem like a lot of the Chicks with Picks folks are staying all month,” she said.
Even though the festival doesn’t bring the throngs of tourists who come during the summer months, Bob Wilson of Ouray V&S Variety Store said having extra people in town always helps.
“We get some of it, but if you knew the sport, their equipment is so expensive,” he said. “An ice pick can cost from $200 to $600 or $700 so they don’t have a lot to just go out and blow.”
Most sales go to hotels, restaurants and service stations, he said, “but they help us, too.”
Ouray Liquors had a very good weekend during the festival, said Matt Genuit, which was “as good if not better than last year.”
Mayor Bob Risch said he was pleasantly surprised by the turnout.
“We thought it might be down this year, but it turned out to be better than expected, from readings from some of the meals at the Community Center,” he said.
Motels in town were packed, said Maria Ziemba of Best Western Twin Peaks motel.
“We had a couple of cancellations, but somebody else would scoop them up,” she said. “The town was packed and it seems like everybody had a nice time and that’s what it’s all about.”
At the Ouray Victorian Inn, new owner Brian Lisk said he couldn’t draw comparisons to last year, but his hotel was full during the festival.
Business was brisk all weekend at Ouray Mountain Sports, which sells ice climbing equipment, outdoor clothing and supplies, but as an employee said, “We’re in the ice climbing business.”
The Ice Festival also figures in planning for the future, said Joyce Linn, chair of the Community Development Committee, the economic arm of the city council.
Linn said she would like to see the festival last longer, or see a winter carnival begun that would add even more appeal during the winter months.
The true measure of the festival is its long-term impacts, said festival director Erin Eddy.
“I think the biggest thing is the indirect impact of all the media has written about Ouray,” Eddy said. “It brings attention to a little town with an advertising budget of only about $85,000 a year. The more people talk about us, the better the little businesses will do, and that allows a lot of us to continue to live in Ouray.”
Attendance was down slightly from last year, he said, but fundraising during the festival was consistent with past years.
“The money we raised is where it’s always been and that’s really positive,” he said.
Written by: Gus Jarvis - Ouray County Watch
Posted by: Erin Eddy - www.ourayland.com and www.ridgwayland.com
Mouse’s Chocolates was packed Saturday afternoon during the Ouray Ice Festival. The Variety Store was deserted.
Just how much the annual Ouray Ice Festival helps the town’s winter economy depends on who you talk to, but it’s good overall, said Jennifer Loshaw, director of the Ouray County Resort Association.
“It seemed like the climbers spent a lot more time in town and being part of the community,” she said. “I think it was great. A lot of people came out here with the intention of it being their vacation.”
Loshaw volunteered at the Ouray Ice Park Saturday and said the festival seems to be attracting a wider range of people, from senior citizens to young couples with babies.
The Ice Festival has been a big boost to Ouray’s winter economy, which Loshaw said extends past the festival.
“A lot of people had a lot of questions for me and it seem like a lot of the Chicks with Picks folks are staying all month,” she said.
Even though the festival doesn’t bring the throngs of tourists who come during the summer months, Bob Wilson of Ouray V&S Variety Store said having extra people in town always helps.
“We get some of it, but if you knew the sport, their equipment is so expensive,” he said. “An ice pick can cost from $200 to $600 or $700 so they don’t have a lot to just go out and blow.”
Most sales go to hotels, restaurants and service stations, he said, “but they help us, too.”
Ouray Liquors had a very good weekend during the festival, said Matt Genuit, which was “as good if not better than last year.”
Mayor Bob Risch said he was pleasantly surprised by the turnout.
“We thought it might be down this year, but it turned out to be better than expected, from readings from some of the meals at the Community Center,” he said.
Motels in town were packed, said Maria Ziemba of Best Western Twin Peaks motel.
“We had a couple of cancellations, but somebody else would scoop them up,” she said. “The town was packed and it seems like everybody had a nice time and that’s what it’s all about.”
At the Ouray Victorian Inn, new owner Brian Lisk said he couldn’t draw comparisons to last year, but his hotel was full during the festival.
Business was brisk all weekend at Ouray Mountain Sports, which sells ice climbing equipment, outdoor clothing and supplies, but as an employee said, “We’re in the ice climbing business.”
The Ice Festival also figures in planning for the future, said Joyce Linn, chair of the Community Development Committee, the economic arm of the city council.
Linn said she would like to see the festival last longer, or see a winter carnival begun that would add even more appeal during the winter months.
The true measure of the festival is its long-term impacts, said festival director Erin Eddy.
“I think the biggest thing is the indirect impact of all the media has written about Ouray,” Eddy said. “It brings attention to a little town with an advertising budget of only about $85,000 a year. The more people talk about us, the better the little businesses will do, and that allows a lot of us to continue to live in Ouray.”
Attendance was down slightly from last year, he said, but fundraising during the festival was consistent with past years.
“The money we raised is where it’s always been and that’s really positive,” he said.
Written by: Gus Jarvis - Ouray County Watch
Posted by: Erin Eddy - www.ourayland.com and www.ridgwayland.com
Ouray Real Estate Values
Despite Economy, Property Values Not Expected to Decline
OURAY – With the housing market in shambles, property owners in Ouray County might have hopes that their property value will drop after this year’s state mandated valuation and thus lowering their 2010 property taxes. Ouray County Assessor Susie Mayfield said on Monday that probably won’t be the case.
“A majority of Western Slope counties are expecting them [property values] to stay the same or go up” Mayfield told the Ouray County Commissioners at their meeting on Monday. “The Western Slope has not had major foreclosures like the Eastern Slope counties have had. Because of oil and gas, Mesa County is not seeing a drop is sales prices and neither are any resort communities.”
Mayfield told the commissioners in her report that officials from Western Slope counties are getting together and planning an informational campaign to notify property owners that they shouldn’t expect property values to decrease. Every odd year, county assessors across the state must perform a state mandated revaluation of every property within the county. The revaluation is based on an analysis of market sales during the timeframe of Jan. 1, 2007 through June 30, 2008.
Once the revaluations are complete, a Notice of Valuation indicating the change in actual value of a property will be mailed to its owner the first week of May 2009. This new value will be used in the calculation of property taxes owed in January 2010.
“Just because they are just sitting out there on the market, it doesn’t mean their values are going to drop,” she said. “We expect to get some phone calls.”
Mayfield said she is exploring various possibilities for informing taxpayers about this year’s revaluation and what to expect. Commissioner Keith Meinert said it might be worth mailing information to owners in Ouray County to make sure the process is clear.
“If you thought it would be helpful to do a mass mailing, I think it would be worth the expense to get the message out there properly,” Meinert said. “Anything we can do to explain the voodoo calculations that you all go through and that people should not anticipate seeing a reduction in property values and may even see an increase.”
Tax payers in Ouray County can expect the 2008 abstract of assessment and levies in their mailbox in the next few weeks.
Written by: Gus Jarvis of the Ouray County Watch
Posted by: Erin Eddy
www.ourayland.com
www.ridgwayland.com
OURAY – With the housing market in shambles, property owners in Ouray County might have hopes that their property value will drop after this year’s state mandated valuation and thus lowering their 2010 property taxes. Ouray County Assessor Susie Mayfield said on Monday that probably won’t be the case.
“A majority of Western Slope counties are expecting them [property values] to stay the same or go up” Mayfield told the Ouray County Commissioners at their meeting on Monday. “The Western Slope has not had major foreclosures like the Eastern Slope counties have had. Because of oil and gas, Mesa County is not seeing a drop is sales prices and neither are any resort communities.”
Mayfield told the commissioners in her report that officials from Western Slope counties are getting together and planning an informational campaign to notify property owners that they shouldn’t expect property values to decrease. Every odd year, county assessors across the state must perform a state mandated revaluation of every property within the county. The revaluation is based on an analysis of market sales during the timeframe of Jan. 1, 2007 through June 30, 2008.
Once the revaluations are complete, a Notice of Valuation indicating the change in actual value of a property will be mailed to its owner the first week of May 2009. This new value will be used in the calculation of property taxes owed in January 2010.
“Just because they are just sitting out there on the market, it doesn’t mean their values are going to drop,” she said. “We expect to get some phone calls.”
Mayfield said she is exploring various possibilities for informing taxpayers about this year’s revaluation and what to expect. Commissioner Keith Meinert said it might be worth mailing information to owners in Ouray County to make sure the process is clear.
“If you thought it would be helpful to do a mass mailing, I think it would be worth the expense to get the message out there properly,” Meinert said. “Anything we can do to explain the voodoo calculations that you all go through and that people should not anticipate seeing a reduction in property values and may even see an increase.”
Tax payers in Ouray County can expect the 2008 abstract of assessment and levies in their mailbox in the next few weeks.
Written by: Gus Jarvis of the Ouray County Watch
Posted by: Erin Eddy
www.ourayland.com
www.ridgwayland.com
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