EPCAD 2021 Industrial Personal Property Tax Protest Summary
In El Paso County, industrial property represents 5% of the county's tax base. Refineries, chemical processing, manufacturing, and fabrication are among the industrial properties. These owners protested 60% of the total value in 2021, $1 B out of $3 B in 2021. The proportion of protested accounts is higher, but they are not reviewed at the judicial level as often; only 2% of protests are appealed. Comparatively, 27% of multifamily appeals and 16% of commercial/BPP appeals are escalated to the courts.
Plant owners in the chemical and manufacturing industries can afford professional representation. When you enroll in O'Connor's Property Tax Protection Program™ today, we offer equal representation to commercial and residential property owners, without a flat fee, no upfront costs, and no cost unless we lower your taxes.
EPCAD Industrial Property Tax Summary
|Market Value Industrial Real Property||$1,178,757,515.00|
|Market Value Industrial Personal Property||$1,897,866,170.00|
|Number Industrial Real Property Property Tax Protests||124|
|Number Industrial Personal Property Property Tax Protests||131.00|
|$ Value Industrial Real and Personal Protested||$1,848,709,823.00|
|# Lawsuits Filed for Industrial on ARB Values||6.00|
|ARB Value of All Lawsuits Filed for Industrial||NA|
|$ Reduction Property Tax Lawsuits for Industrial Current Year||$55,770,668|