Taxes & Incentives
We understand that projects have to financially make sense long before a shovel goes in the dirt. Below is some general information about taxes in Pueblo West, as well as potential incentives to help you be able to get to ’yes!’ easier.
Corporate fixed income tax rate of 4.55%
Personal fixed income fixed tax rate of 4.55%
Colorado sales tax rate is 2.9%
Pueblo County sales tax rate is 1%
Pueblo West Fire sales tax rate is 1%
Pueblo West total sales tax rate = 4.9%
Pueblo West Metro District has a 1% sales tax for our Pueblo West Fire Department that was approved by Pueblo West voters in the November 2020 election
Common State property and sales tax exemptions:
- Food for domestic home consumption
- Gasoline and special fuels
- Sales to governmental entities
- Electricity and fuel for residential use
- Machinery used in manufacturing
- Prescription drugs and medical devices
- Sales to charitable organizations
- Certain agricultural purchases
For complete list of guidelines go the Colorado Sales Tax Guide
29% is the commercial and industrial real and personal property assessment rate in Colorado
7.15% is the current residential property assessment rate in Colorado
2019 Information
| Entity | Mill levy | % |
| Pueblo School District 70 | 40.063 | 41% |
| Pueblo County | 30.088 | 30% |
| Pueblo West Metropolitan District | 20.230 | 21% |
| Pueblo City-County Library District | 5.865 | 6% |
| Lower Ark Valley Water Conservancy District | 1.503 | 2% |
| S. E. Water Conservancy District | 0.902 | 1% |
| TOTALS | 98.651 | 100% |
To find your estimated property tax (ex. $500,000 assessed value on commercial property)
$500,000 x .29 (commercial assessment rate) = $145,000
$145,000 x .098651 (total mill levy) = $14,304.40
LOCAL INCENTIVES
PWMD adopted an Economic Development Incentive Policy in August of 2020 to provide a path of partnership opportunities for potential businesses who are looking to start, relocate, and expand in Pueblo West. We want to facilitate the economic opportunities that are here, while being exceptional stewards over the resources we have. We are excited for what's ahead and would love to see how we can partner with you.
Economic Development Incentive Application
REGIONAL INCENTIVES
Pueblo Economic Development Corp
STATE INCENTIVES
The State of Colorado has long been proactive in providing advantages for doing business in Colorado. From start-ups and business expansion, to recruitment and relocation, there are a variety of incentives available such as tax credits, dedicated financing and grants, specialized programs, and workforce development resources. For more information on the incentives from the State of Colorado, browse the Office of Economic Development and International Trade web pages.