Proceeds of sales

1 rule

All net proceeds from the sale, lease, or other disposition of such real estate so conveyed to the county by the treasurer shall be paid to the treasurer of such county, and the treasurer shall distribute said proceeds to the various taxing jurisdictions in which such real estate is situated in the same proportion that the ad valorem taxes levied by each taxing jurisdiction in the preceding calendar year bears to the total of all ad valorem taxes levied on such real estate in the preceding calendar year.

in view

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Encodings · 1

real_estate_disposition_proceeds_for_taxing_jurisdictionCO 39 § 39-11-145 · derived

C.R.S. § 39-11-145

name: real_estate_disposition_proceeds_for_taxing_jurisdiction
kind: derived
entity: TaxingJurisdiction
dtype: Money
period: Year
unit: USD
source: C.R.S. § 39-11-145
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-11-145
          excerpt: >-
            in the same proportion that the ad valorem taxes levied by each
            taxing jurisdiction ... bears to the total
versions:
  - effective_from: '0001-01-01'
    formula: >-
      net_proceeds_from_real_estate_disposition

      *
      ad_valorem_taxes_levied_by_taxing_jurisdiction_in_preceding_calendar_year

      / total_ad_valorem_taxes_levied_on_real_estate_in_preceding_calendar_year

▸rulespec code

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statutes/39/39-11-145.yaml

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Rules

real_estate_disposition_proceeds_for_taxing_jurisdiction

Derived

source: C.R.S. § 39-11-145

- name: real_estate_disposition_proceeds_for_taxing_jurisdiction
  kind: derived
  entity: TaxingJurisdiction
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. § 39-11-145
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-11-145
            excerpt: >-
              in the same proportion that the ad valorem taxes levied by each taxing jurisdiction
              ... bears to the total
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        net_proceeds_from_real_estate_disposition
        * ad_valorem_taxes_levied_by_taxing_jurisdiction_in_preceding_calendar_year
        / total_ad_valorem_taxes_levied_on_real_estate_in_preceding_calendar_year

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