72F9448A1342080E87258AA90071B284 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For PRESENTATION ON MILL LEVY VARIANCE AND SMOOTHINGJOINT COMMITTEE COMMITTEE ON COMMISSION ON PROPERTY TAXDate Jan 19, 2024 Location LSB B Presentation on Mill Levy Variance and Smoothing - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/E6865BDEC78E...$File/Attachment A.pdf?OpenElement Attachment A.pdf 01:41:56 PM Greg Sobetski and David Hansen, Legislative Council Staff, presented on the variability of mill levies across different regions of Colorado and discussed two potential methods the state could use to smoothe property values over the assessment cycle. Their presentation can be found in Attachment A and here: https://leg.colorado.gov/sites/default/files/images/mill_levy_variance_and_smoothing.pdf. 01:56:46 PM G. Sobetski and D. Hansen responded to questions from the commission on actual and assessed values.