Sorry, but this does not answer my question. I have no idea if "my primary residence exempt from property tax as allowed under section 39-3-204 of the Colorado Revised Statutes". My property tax bill shows "senior homestead exemption" of about $600, but I still owe over $4000 in property tax. If it was truly exempt from property tax, I would owe $0. That sounds like a better deal. What is referred to as an "exemption", should really be called a rebate or credit, if this makes sense. So, I still don't know what the difference is and if "exempt from property tax" is possible, I'd rather give up the Senior Homestead Exemption and get the "exempt from property tax deal".
