The senior property tax exemption is available to senior citizens and the surviving spouses of senior citizens. The state reimburses the local governments for the loss in revenue. When the State of Colorado’s budget allows, 50 percent of the first $200,000 of actual value of the qualified applicant’s primary residence is exempted.

Congratulations to our own Michelle Gruber on being named a Denver’s 7 Everyday Hero for her work on the annual The Village Toy Drive! Michelle founded the event a decade ago and through the years has helped gather thousands of toys for deserving children and raise needed funds for Volunteers of America Colorado. Way to go, Michelle! Your First American State Bank family could not be more proud!