(1) Property values going upValues used for tax bills rising

By scott miller

EAGLE COUNTY — Calculating values used to determine property taxes is a complicated business. But the simple story behind the most recent round of valuations is that values, and, probably, property taxes, will rise next year.Eagle County Assessor Mark Chapin said that the notices of value recently mailed to property owners show an overall increase. Using median figures, the increase is about 12 percent. Your value can, and probably will, be different.Chapin said down-valley areas have seen the biggest increase since the last notices of value were mailed in May of 2013. Some neighborhoods have gained 30 percent or more …

Source:: Vail Daily Feed