Financial History

A Brief Financial History

The county tax was 6 mills and the school tax was 2.5 mills in 1862. County taxes for that year amounted to $1,594.61. By comparison, in 2014 Jefferson County's mill levy was 25.846 and revenue from property taxes alone exceeded $177,000,000.

Early Years

In the early years, farmers and ranchers thrived by supplying food and supplies to the mining towns scattered throughout the mountains.

Mining could be found not only in places like Central City and Black Hawk, but also along the Hogback in Idledale, on Lookout Mountain, and in Genesee.

Commissioners in 1862 were paid $3 per day for their meetings plus mileage to the meeting hall.