City & County of Denver v. Board of Assessment Appeals

I concur that provisions of article 1 of Colorado’s General Property Tax Act, §§ 39-1-101 to -121, 16B C.R.S. (1982 and 1992 Supp.), contemplate the application of a rule that taxes all the interests in taxable property no matter how they are divided. I further concur that the Board of Assessment Appeals (BOAA) may properly consider “actual” or “contract” rent payable under an existing lease when it determines the actual value of property for ad valo-rem tax purposes. I dissent, however, to the majority’s affirmance of the Colorado Court of Appeals’ judgment, because the BOAA order affirmed…