Let’s look at senior property-tax break

Heading into the 2012 session of the Colorado General Assembly, it looked likely that debate over the state’s budget was going to stall over restoration of the senior property-tax exemption. The exemption, which provides senior citizens who’ve owned and lived in their homes for at least 10 years relief on half of the first $200,000 of their home’s value, had been suspended for the last three years because of the state’s budget difficulties.

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