Barton County Property Tax Rates
Here is a formatted table listing the Barton County Property Tax rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.3091 |
| Road and Bridge Fund | $0.2908 |
| Fire District No. 1 | $0.1847 |
| Township | $0.0951 |
These rates are effective as of the last reassessment in Barton County and may be subject to change in the future. It is recommended that individuals consult with a tax advisor for specific information regarding their property tax obligations.
Example of Barton County Property Tax Calculation
The property tax calculation for Barton County is based on the assessed value of the property and the mill levy rate set by the county. The assessed value of the property is determined by the county assessor's office, which takes into consideration various factors such as the property's size, location, and condition.
Once the assessed value is determined, the mill levy rate is applied to it to calculate the property tax amount. The mill levy rate is the amount of tax assessed per $1,000 of the property's assessed value. For example, if the assessed value of a property in Barton County is $100,000 and the mill levy rate is 50 mills, the property tax would be $5,000 (100 x 50).
It's important to note that the mill levy rate can vary depending on the jurisdiction and the type of property. For instance, residential properties may have a different mill levy rate compared to commercial properties.
In addition to the county property tax, there may also be additional taxes assessed by other jurisdictions such as the city or school district. These taxes are added to the county property tax to determine the total property tax due.
Overall, understanding property tax calculation can help property owners in Barton County budget and plan accordingly for their tax obligations.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Barton County ?
Who Sets Property Tax Rates in Barton County?
The property tax rates in Barton County are set by the Barton County Board of Commissioners. The board consists of five elected officials who are responsible for managing the county's budget and setting tax rates to fund county services and projects.
When Are Property Tax Rates Set in Barton County?
The Barton County Board of Commissioners typically sets the property tax rates in the fall of each year. This allows the county to finalize its budget and determine the total amount of revenue needed from property taxes to fund county operations for the upcoming year.
Once the board sets the property tax rates, property owners in Barton County receive a tax bill in December, with payment due in January of the following year.
| Barton County Property Taxes | |
|---|---|
| Responsible Party | Barton County Board of Commissioners |
| Timing | Property tax rates set in the fall, with bills sent in December and due in January |
| Purpose | To fund county services and projects |
| Payment Due | January of the following year |
Homestead exemptions in Barton County ?
In Barton County, Missouri, homeowners may be eligible for a range of Homestead exemptions and deductions to reduce their property taxes. Here are the details of each exemption, eligibility requirements, amount of savings, and additional notes to keep in mind:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | Up to $6,000 of assessed value | Applies to primary residence |
| Senior Citizens' Homestead Exemption | Homeowners aged 65+ or disabled | Up to $8,000 of assessed value | Must use property as primary residence |
| Homestead Preservation Credit | Low-income homeowners | Varies based on income | Must apply annually |
| Personal Property Tax Credit | Homeowners with personal property | Varies based on assessed value of personal property | Applies to personal property taxes only |
| Disabled Veterans' Homestead Exemption | Veterans with service-related disability | Up to $100,000 of assessed value | Must use property as primary residence |
Note that some exemptions may be subject to income or other limitations. Homeowners should check with the Barton County Assessor's Office for specific details on eligibility and application procedures.
Overall, Barton County offers a range of Homestead exemptions and deductions to help homeowners save on their property taxes. By taking advantage of these opportunities, eligible homeowners can reduce their tax burden and keep more money in their pockets.
When is Barton County Property Tax due ?
Barton County Property Tax is typically due on December 20th of each year. The payment methods available for property owners include:
| Payment Method | Description |
|---|---|
| Online Payment | Residents can pay their property tax online through their county's official website using a credit card or e-check. |
| In-Person Payment | Residents can make a payment in person by visiting the county treasurer's office during business hours. |
| Mail Payment | Property owners can also mail a check or money order to the county treasurer's office. The payment must be postmarked by December 20th to avoid penalties. |
It's important to note that late payments will result in penalties and interest charges. So, it's recommended to pay the property tax on or before the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Barton County Property Tax penalty calculated ?
Barton County property taxes are collected by the county treasurer's office. If a property owner does not pay their property taxes by the due date, they will be subject to penalties and interest. The penalty is calculated as a percentage of the unpaid taxes and increases over time. Here's an example of how this works:
Assume that a property owner owes $2,000 in property taxes for the current year. The due date for payment is December 20th. If the property owner does not pay by this date, a penalty of 5% will be added to the unpaid taxes, or $100 in this case.
If the property owner still has not paid by January 31st, an additional penalty of 2% will be added to the total amount due, or $40 in this case. Interest will also start to accrue on the unpaid balance at a rate of 1% per month.
By March 31st, the total amount due will be $2,240 ($2,000 + $100 penalty + $40 penalty + $100 interest). If the property owner continues to neglect their payment, the penalty and interest will continue to increase until the taxes are paid in full.
Here's a breakdown of the penalty and interest rates for Barton County:
| Date | Penalty | Interest |
|---|---|---|
| Before January 1st | 5% | 1% per month |
| January 1st to January 31st | 7% | 1% per month |
| February 1st to February 28th | 9% | 1% per month |
| March 1st to March 31st | 11% | 1% per month |
It's important for property owners to pay their taxes on time to avoid additional fees and charges. If you have questions about your property taxes or penalties, contact the Barton County treasurer's office for assistance.
We recommend contacting the Barton County Tax Office or a local tax professional for the most up-to-date and accurate information.