Form 13551 online Fort Collins Colorado 2023-2025

Form 13551 online Fort Collins Colorado: What You Should Know

Larimer County government will rely on a small percentage of tax revenue on non-essential expenses in 2025 to make up for other funding cuts. Read this, check your local paper for details. The 2018-19 Sales Tax Account Estimator is available for download. Jan 22, 2025 — A tax cut package approved in the legislature and signed into law late last week will save Larimer County taxpayers at least 6 million for the upcoming fiscal year. This will reduce total tax collections by approximately 1 percent. In the short term, this decrease is offset by the sales taxes paid by the county, but the county would have comparable tax collection trends over the long term if the tax cuts were never enacted. The County's top 10 tax brackets are: 3.5% for income from 75,000 to 100,000, and 3.8% for income from 100,000 to 150,000 15% for income from 150,000 to 187,000, and 17.9% from 187,000 to 226,000 15% for income from 226,000 to 250,000, and 18.9% from 250,000 to 289,000 35% for income from 289,000 to 332,000, and 39.5% from 332,000 to 376,000 This cut would reduce the County's County General Fund spending by roughly 19.2 million for the 2018 fiscal year. In comparison, the 2014-15 county spending plan included a 10 percent increase in County General Fund spending that is projected to exceed the County's General Fund revenues by 5.3 million for the 2018 fiscal year. The County Budget and Economic Development Committee heard the State of Colorado's revised budget proposal​ Tuesday, and the budget includes a new tax cut and two other tax reductions that have been long requested by county leaders. “If enacted, this will save the public purse some money, ​ and will be a necessary first step for county government to regain its financial footing,” said Larimer County Commissioner Dave Shaver, in prepared testimony. “​This increase in sales taxes will help our County attract more residents to our community and increase our tax revenue to pay for programs such as police and fire protection.

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