APR 461: This Natural Resources course focuses on the discovery, listing, classification, and valuation of properties containing minerals other than oil and gas. It includes discussion of constitutional and statutory definitions and requirements regarding Natural Resource properties. Various resources are explored for gathering and documenting information necessary for proper classification and valuation. Applications of the three approaches to value are presented with emphasis on natural resource valuation formulas using the income approach.
Disclaimer: Enrollment in Division courses is restricted to county assessors and their staff. If you are not an assessor or an employee of an assessor’s office but you work directly with a county assessor’s office (for example, as a commissioner, hearing officer, county attorney, or vendor), please contact the Division of Property Taxation at dola_dpteducation@state.co.us to petition the Property Tax Administrator (PTA) for permission to attend class. You may also find helpful information in the Video Library on the Division’s website.
