County valuation is up

By: 
Alexis Barker, NLJ News Editor

Weston County will again see an increase in assessed valuation, according to Assessor Kara Lenardson, who reported that preliminary numbers show an increase of approximately $10 million in the local assessed value. 

“I am still waiting on some of the state-assessed valuations, but I did receive some preliminary oil and gas assessed valuations, which are up $15 million,” Lenardson said. “Locally assessed is up approximately $10 million.” 

In 2021, the county’s total valuation was $146,841,062. This is important for county government, as a lower valuation produces lower amounts of tax revenue for government services.

A breakdown shows that the 2021 state-assessed valuation was down almost $1.7 million totaling $65,866,497. Locally, the assessed value was up almost $5.2 million, reaching a total of $80,974,565. 

Official valuation numbers are expected to be released in early July. 

 

Weston County’s assessed valuation 

 

over the past 20 years

2001 $77,075,338

2002 $78,044,313

2003 $77,743,850

2004 $85,978,363

2005 $97,977,091

2006 $112,501,024

2007 $120,049,495

2008 $134,391,925

2009 $156,333,594

2010 $117,018,824

2011 $132,894,201

2012 $157,884,322

2013 $155,215,991

2014 $162,712,359

2015 $160,136,849

2016 $137,067,176

2017 $136,253,199

2018 $142,774,702

2019 $151,525,357

2020 $143,344,121

 

2021 $146,841,062

 

Source: Weston County Assessor’s website

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