Admin 100: Introduction to Assessment Mid-Class Review

Assessors are bound by law to follow the procedures, steps, and rates as published in the ARLs.

A subdivision plat is an accurate drawing or map that shows the houses in a neighborhood and includes a certification.

Which class is REQUIRED for you to pass in order to get your ad valorem license?

Define circumference.

Which is not a principal meridian in Colorado?

What is the acreage of a rectangle that is 15 feet wide by 30 feet long?

The first digit of a subclass code is 3. What class of property is this parcel in?

For what shape does this formula calculate an area?

How many square feet are in an acre?

What is the decimal equivalent of 123 mills?

Which test measures the relationship between the assessor's actual value and the sales price?

When numbering the sections in a township, which corner contains section 1?

How many acres are in the N 1/2 NW 1/4 of a section?

Which of these legal descriptions contains the most acreage?

What is the appraisal date for property tax years 2019 and 2020?

For tax years 2019-2020, personal property is exempt if the total value equal to or less than what amount?

What three choices does a taxpayer have to appeal the CBOE's decision to?

What are the three sources of law within Colorado?

Colorado was formed as a state with 17 original counties, but now has how many counties, 143 years later.

How many acres are in a quarter section of land?

How does the assessor discover ownership changes in real property?

For a religious organization to obtain an exemption on a property after buying it, they must do what?

If the assessed value in a district is $9.75M and it needs $25k in revenue for the budget. What does it levy?

The radius is the distance from the center of the circle to any point on the perimeter.

Why must assessor's appraisal staff be licensed within two years of being hired?

By what date must the Real Property NOV be mailed?

A house was sold by a family then turned into a law office May 12th. What should the classification be for this year?

In the sales comparison approach, the sales have to be time-adjusted to the assessment date for each tax year

How many acres are in the NE 1/4 SE 1/4 of a section?

At what level of government is the property tax system administered (who assesses and collects the tax)?

Who determines the value of public utilities?

What is an economic principle found in all three approaches to value?

There is no state-wide rounding procedure for actual value, assessed value, taxes, area. etc.

Counties should not collaborate or ask other counties how they do things - only ask the DPT.

Even though this year is a leap year, the treasurer will still prorate tax bills as if there were 365 days.

In metes and bounds descriptions, what does the term "metes" mean?

To inform you of current events, law changes, notices, and other things affecting assessors, what does the PTA do?

What amendment created Colorado's floating assessment rate?

What amendment limited the amount of taxes state and local governments can collect and spend?

A store on a residentially-zoned lot has an actual value of $100k. The mill levy is 107. What is the tax due?

Which form that lists the individual county's assessed values by class and subclass is due on August 25 of every year?

The two year reassessment cycle was created by

What taxing entity receives the largest share of property tax revenue?

Which system of descriptions is based on baselines, principal meridians and township lines?

What two groups of individuals have been granted the ability for an exemption on their primary residence?

What is (arguably) the most important work product that your office generates?

The certification of values is sent on August 25th to . . .

The PTA designs the forms/notices your office sends out and uses, and must approve any custom designed forms for content

What percentage of property tax revenue funds state government?

When is the Abstract of Assessment due to the Property Tax Administrator?