Location of property in the county determines the jurisdictions to which tax revenues are dispersed. Residential property is assessed at 7.96 percent of its appraised market value. Generally, all other property is assessed at 29 percent of its appraised value. In 2004, mill levies for Park County's two incorporated towns were 18.772 for Alma and 16.272 for Fairplay. RE-1 Platte Canyon School District and RE-2 South Park School District mill levies were 29.888 and 20.38, respectively. Special Improvement District mill levies range from 2.566 to 35.000, depending on the taxing entity. These rates will likely change in 2005.

COUNTY SALES TAX
In addition to property tax assessments, there is now a one-percent county sales tax. This tax is paid on all retail goods purchased in Park County, as well as lodging and restaurant purchases. Approved by the voters in 1997, revenues from the tax are used exclusively for the protection, enhancement and interpretation of water resources, as well as lands associated with water resources. This is the only sales tax to pass in Park County, among several other attempts to levy a sales tax for county improvements.