Example of Barron County Property Tax Calculation
Barron County calculates property taxes based on the assessed value of the property. To determine the assessed value, the county performs periodic evaluations of the property and takes into account factors such as the size of the property and any improvements made to the property.
Once the assessed value has been determined, the county applies a tax rate to the value to calculate the property tax owed. The tax rate is established by the local government and can vary depending on the location and type of property.
For example, if a home in Barron County has an assessed value of $200,000 and the tax rate is 2%, the property tax owed would be $4,000 ($200,000 x 0.02).
It is important to note that property taxes may also include additional fees and assessments, such as special assessments for infrastructure improvements or fees for services like trash collection.
Overall, the property tax calculation process in Barron County is based on the assessed value of the property and local tax rates, and can vary depending on the specific property and location within the county.
If you want appeal your property tax assessment - contact your local tax assessor.
Barron County Property Tax Rates
Here is the table listing the Barron County Property Tax rates in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General County | $2.89 |
| School District | $9.19 |
| Technical College | $1.53 |
| Municipality | Varies by location |
As a tax advisor, it is important to note that the municipality tax rate varies depending on the specific location within Barron County. Property owners should consult with their local government officials to determine the exact tax rate applicable to their property.
Who sets property tax rates in Barron County ?
Property tax rates in Barron County
In Barron County, Wisconsin, the property tax rates are set by the following entities:
| Entity | Responsibility |
|---|---|
| Barron County Board of Supervisors | Sets the county's portion of the property tax rate |
| School Districts | Sets the school district's portion of the property tax rate |
| Municipalities | Sets the municipality's portion of the property tax rate |
These entities set their respective tax rates annually, typically in the fall, after determining their budgets for the upcoming year.
It is important to note that property tax rates are based on the assessed value of the property, which is determined by the Barron County Assessor's Office. Property owners in Barron County may appeal their property's assessed value if they believe it is incorrect.
Overall, property taxes are an important source of revenue for local governments in Wisconsin, funding services such as schools, roads, and emergency services.
Homestead exemptions in Barron County ?
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Homestead Exemptions and Deductions in Barron County, Wisconsin
The following table lists all county-specific homestead exemptions and deductions available in Barron County, Wisconsin. These exemptions and deductions can help homeowners reduce their property taxes.
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Any homeowner | Up to $25,000 of the property's value | Must be the primary residence |
| Disabled Veterans Exemption | Veterans with a 100% disability rating | Up to $50,000 of the property's value | Must be the primary residence |
| Surviving Spouse of a Veteran Exemption | Unremarried surviving spouses of veterans who died in active duty or as a result of a service-connected disability | Up to $25,000 of the property's value | Must be the primary residence |
| Agricultural Land Deduction | Property used for agricultural purposes | Up to 70% of the property's value | Must be used for agricultural purposes for at least 5 years |
| Forest Crop Land Deduction | Property used for growing trees for commercial purposes | Up to 50% of the property's value | Must be used for growing trees for at least 10 years |
Homeowners in Barron County, Wisconsin should review all of these exemptions and deductions to determine which ones they are eligible for and how much they can save on their property taxes.
When is Barron County Property Tax due ?
The Barron County Property Tax is typically due on January 31st of each year. However, if January 31st falls on a weekend or holiday, the due date is extended to the next business day.
Payment methods for Barron County Property Tax include:
- Mail: You can mail a check or money order to the Barron County Treasurer's Office. The address is: 330 E LaSalle Ave, Room 103, Barron, WI 54812. Please make sure to include your property tax statement and write the parcel number on the check or money order.
- In-person: You can pay in person at the Barron County Treasurer's Office during business hours. The address is the same as above.
- Online: You can pay online using a credit or debit card or an electronic check. There is a convenience fee for this option.
It is important to note that if the property taxes are not paid in full by January 31st, interest and penalties will be assessed. Additionally, if the taxes remain unpaid, the property may be subject to a tax sale.
If you have more questions - contact your local tax collector.
How is Barron County Property Tax penalty calculated ?
Barron County Property Tax Penalty Calculation
In Barron County, property taxes are due in two installments - the first one on January 31st and the second one on July 31st. If a property owner fails to pay the taxes by the due date, they will be charged a penalty fee. The penalty fee for late payment of property tax is calculated as a percentage of the unpaid taxes.
Here's an example of how the Barron County property tax penalty is calculated:
- Suppose a property owner owes $2,000 in property taxes for the first installment due on January 31st.
- If the owner fails to pay the taxes by the due date, they will be charged a penalty fee of 1.5% of the unpaid taxes, which is $30.
- If the owner still does not pay the taxes after 30 days, an additional penalty fee of 1.5% will be charged on the remaining unpaid taxes.
- The penalty fee will continue to increase at a rate of 1.5% per month until the taxes are paid in full.
Therefore, it is important for property owners to pay their property taxes on time to avoid penalty fees.
| Property tax due date | Penalty fee percentage | Penalty fee amount for $2,000 unpaid taxes |
|---|---|---|
| January 31 | 1.5% | $30 |
| After 30 days | 1.5% | $30 + $30 = $60 |
| After 60 days | 1.5% | $60 + $30 = $90 |
| After 90 days | 1.5% | $90 + $30 = $120 |
We recommend contacting the Barron County Tax Office or a local tax professional for the most up-to-date and accurate information.