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Are there any programs to help Senior Citizens with their tax burden?

April 26, 2017citizens help Programs Senior tax

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Are there any programs to help Senior Citizens with their tax burden?

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Yes, a Tax Deferral (delay) Program is available to senior citizens, whereby the State of Colorado pays the taxes on your residence and holds a lien on your property until it is sold, or changes are made to your qualifications. The annual percentage rate set by state statutes is 7%. An individual must be 65 or older as of January 1st of the year claimed. Please contact the Treasurer’s Office at (970) 498-7027, or via e-mail for further information. Also, the Senior Citizens Property Tax Work-Off Program provides senior residents of Larimer County an opportunity to temporarily work for Larimer County and, in turn, reduce the burden of their property tax bills. The program has been in existence since 1981 and is funded by the Larimer County general fund dollars. The Human Services Department offers this program, as well as, other programs for the senior citizens of Larimer County. See the Office on Aging.