As a real-estate owner within the small Town of Breckenridge, Colorado, your property taxes help to fund many services for the mountain community. In fact the Town of Breckenridge heavily relies on this type of revenue to provide not only services, but to build and maintain facilities, and also for the signature community events that inspire people to relocate to Breckenridge CO homes.
If you own Breckenridge CO real estate with a market value of $500,000, in 2007 you paid $241.59 in property taxes.
That money feeds into a variety of funds including the following:
- $39.80Â Repay financing for recreation facilities
- $36.93Â Public safety
- $20.46Â Street maintenance including snow removal
- $25.91Â Recreation
- $19.17Â Transit operations
- $99.32Â General governmental operations
Sales tax collected during shopping sprees is similarly distributed. For every $100 of merchandise that you purchase, $8.28 is paid to sales taxes. And that money goes to the following:
- $3.72Â State and County
- $0.50Â Open space
- $0.12Â Attainable housing
- $0.07Â Marketing
- $0.71Â Public safety
- $0.50Â Recreation
- $0.39Â Street maintenance
- $0.37Â Transit operations
- $1.90Â General governmental operations
High in the Rocky Mountains of Colorado, the Town is a remnant of the 1800s Gold Rush. The Town’s historic Victorian-style real estate and modern luxury homes reach out from the pedestrian-friendly Main Street. Vail Resorts opened a world-class ski resort here, creating just the right mix of charm and excitement. There is a population of 3,300 full-time residents and it swells to 35,000 during the winter season. Festivals, concerts, competitions, symphonies, boutiques and fine dining, art shows and theater contrast to the outdoor adventures of mountain bikers, hikers, hunters, mountaineers, kayakers, skiers, and fly fishers.Â
Contact Jonna Beardsley at (970) 453-2200 or (800) 774-7970 for friendly and professional real-estate assistance in the area.
