County valuation is up
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