Woodmen Valley Fire Protection District
1150 West Woodmen Road, Colorado Springs, CO 80919
719-522-9666 voicemail/fax www.wvfpd.org website
!!! For All Emergencies, Call 9-1-1 First !!!
2014 Tax Refund
Itís been nearly five years since Woodmen Valley Fire Protection District (WVFPD) signed an agreement with the Colorado Springs Fire Department (CSFD) so that the city provides fire and emergency medical services for the District.
As a result of this agreement, and because of state regulations restricting ownership of unused fire assets, WVFPD has sold all of its vehicles and equipment and cancelled its building replacement plans. This has left the District with $245,000 in excess of what it needs to safely meet its obligations. The WVFPD Board of Directors has unanimously decided to return these excess funds to District taxpayers in the form of a one-time tax refund.
Following standard accounting practices, each property owner will receive a pro-rata distribution of the $245,000. The amount will be based on the assessed value of the property as a percentage of the entire value of the combined District property values as calculated by the El Paso County Assessor on June 23, 2014. The check will be distributed to the current property owners, at their address of record, as of June 23, 2014. This refund process is being managed by the Districtís accounting firm, CliftonLarsonAllen (CLA).
Please review the attached Q&A for several frequently asked questions. If you have further questions, please contact WVFPD by emailing us at firstname.lastname@example.org or by calling 719-522-9666.
ALL CHECKS WERE MAILED LAST YEAR. IF YOU
HAVE NOT RECIEVED YOURS, PLEASE CONTACT US AT
OR BY CALLING 719-522-9666.
ALL CHECKS WERE MAILED LAST YEAR. IF YOU HAVE NOT RECIEVED YOURS, PLEASE CONTACT US AT email@example.com OR BY CALLING 719-522-9666.
Questions and Answers
How much will my check be?
Your refund will be based on the assessed value of your property. There are 315 properties in the District and each owner will receive a share of the $245,000 refund based on their El Paso County assessed property value as of June 23, 2014.
Why not a flat rate per property?
Higher-valued properties pay more taxes to the District than lower valued ones. The refund is proportional to the taxes paid in.
I just sold my property. Who gets the check?
The refund goes to the owner of record as of June 23, 2014. There is no practical way for the district to monitor ownership on a day-to-day basis.
Iíve been paying taxes to the District for 10 years. Shouldnít I get a larger refund than my neighbor who just built?
WVFPD, on advice from our accounting firm, CliftonLarsonAllen, has selected the most common way to execute the refund. Only property value is used to calculate the refund, not time paid in. While other methods of refund might be possible, this one has the lowest administrative expense and follows widely accepted accounting practice.
Why didnít you just lower taxes instead?
It would take at least three years to return the money through tax rate reductions -- refunding the money through checks is faster and easier. In addition, our contract with the Colorado Springs Fire Department (CSFD) restricts our ability to change tax rates as they receive funding based on our total tax receipts.
I donít have a house on my property. Will I get a check?
Yes, but because the refund amount is based on the relative assessed value of your property, your check will be smaller than properties with large houses.
Will this leave WVFPD enough money to operate?
Yes. WVFPD has retained sufficient funds to continue operations and handle moderate emergency issues like building damage.
Will WVFPD keep its fire station?
Yes. The WVPFD BOD has decided to keep the fire station for now. Weíd like a little more time with the CSFD agreement before we give up the last viable location for a District fire station.
What if CSFD or WVPFD wants to cancel the service agreement?
The WVPFD Board continually monitors the CSFD relationship. We are very happy with their performance. Their response times have been less than 10 minutes and their yearly cost is less than operating our own volunteer department. CSFD Chief Steve Dubay assures us that their department is very happy with the relationship and sees no reason why CSFD would choose to terminate the contract.
For More Information
If you have questions, please email us at firstname.lastname@example.org, or call us at 719-522-9666.