Form Ds 058a-08-15 - Renewable Energy Property Declaration Schedule - 2015 Page 2
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3Form DS 058A-08-15
STATE OF COLORADO – GENERAL INFORMATION
(Declaration Schedules and Attachments Are Confidential And Private Documents By Law.)
For these instructions, please refer to the following statutes: §§ 39-3-102, 39-3-118.5, 39-3-119.5, 39-5-104.5, 39-5-104.7, 39-5-107,
39-5-108, 39-5-108.5, 39-5-110, 39-5-113 through 117, 39-5-120, and 39-21-113(7), C.R.S.
In accordance with § 39-3-119.5, C.R.S., you are not required to file this declaration
if the total actual value of your personal property per county is $7,300 or less.
If you are unsure as to whether the total actual value of your personal property per county exceeds $7,300, please contact the
county assessor.
WHO FILES A DECLARATION SCHEDULE? The owner (legal titleholder) of taxable personal property, their agent, and those in
possession and/or control of the taxable personal property as of January 1 must file a declaration schedule. All personal property, such as
a business/organization’s: Equipment Security Devices Machinery Household Furnishings
Personal Effects, not otherwise exempt by law, must be listed on this schedule.
IS YOUR BUSINESS NEW? ARE YOU A NEW OWNER? If you answer “yes” to either question, or you have never filed with the
county assessor and you own taxable personal property, you are required to provide a complete detailed listing of all machinery,
equipment, and other personal property. Please include: Item ID Number Property Description Model Number Year Acquired
Original Installed Cost to You.
PRORATION OF PERSONAL PROPERTY VALUE IS GENERALLY NOT ALLOWED.
As of January 1, 1996, the only proration of personal property value allowed is for Works of Art loaned to and used for charitable
purposes by an exempt organization. If other taxable personal property was located in Colorado on the assessment date, it is taxable for
the entire assessment year, providing that, if it was newly acquired, it was put into use as of the assessment date (January 1). If it was not
located in the state on the assessment date, or if it was newly acquired, but was not put into use as of the assessment date, it cannot be
taxed until the next assessment year. Except for works of art, personal property that is exempt on the assessment date retains its exempt
status for the entire assessment year. These requirements do not affect the proration of real property.
WHEN DO YOU FILE? This form must be received by the county assessor by the April 15 deadline EVERY YEAR.
HOW DO YOU FILE FOR AN EXTENSION? You may extend the deadline if, prior to April 15, the assessor receives your written
request AND $20 for a 10-day extension, or $40 for a 20-day extension. This extension applies to all personal property schedules (single
or multiple) which a person is required to file in the county.
WHAT HAPPENS IF YOU FAIL TO FILE? The late filing penalty is $50 or 15% of the taxes due, whichever is less. If you fail
to file a schedule, the assessor shall determine a valuation based upon the BEST INFORMATION AVAILABLE and shall add a
penalty of up to 25% of assessed value for any omitted property discovered and valued later.
NOTE: Failure to properly file a declaration schedule may prevent you from receiving an abatement per Colorado
case law. Property Tax Adm’r v. Production Geophysical, 860 P.2d 514 (Colo. 1993)
WHY IS THE DECLARATION FORM IMPORTANT? Assessors use this information to help calculate the property’s actual value.
This value is based on the property’s use and condition as of January 1 of each assessment year.
WHAT HAPPENS AFTER YOU SUBMIT THIS FORM?
The assessor may request more information or conduct a physical inventory of your personal property at your business location.
Notices of Valuation are mailed on June 15 to the address listed on this schedule.
INSTRUCTIONS FOR COMPLETING THE RENEWABLE ENERGY PROPERTY
DECLARATION SCHEDULE DS 058
(A SEPARATE DS-058 IS REQUIRED FOR EACH RENEWABLE ENERGY SYSTEM)
A.
NAME AND MAILING ADDRESS: Write any corrections to the preprinted name/address information. If you are not the current
renewable energy property owner, please list the name and address of the new owner in the appropriate box. Also, list the date that the
property was sold to the new owner.
BUSINESS NAME AND PHYSICAL LOCATION: If not preprinted, provide the: Business Name (where the property is located)
Actual Physical Location of the Renewable Energy Property Change in Physical Location, If Applicable
If there are no changes from the last year’s declaration schedule information, check the box and go to Section C. Complete the form,
sign it, and return it to the assessor.
B.
ELECTRICAL GENERATION INFORMATION: Provide the requested information and any related attachments.
List the renewable energy property and provide:
If applicable, community solar garden subscriber information Property location and address Complete system description Electric
Generation Capacity (kW in AC. If output electric generation capacity rating is in DC then convert to AC capacity rating), and Date first
used.
C.
DECLARATION AND SIGNATURE: Print the personal property owner’s Federal Employer Identification Number (FEIN) or
Social Security Number (SSN). Print name of owner, name of person signing, phone number, and e-mail address. Then sign, date,
th
and return this form to assessor by April 15
. § 39-5-107, C.R.S.
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