Example of Cascade County Property Tax Calculation
Cascade County calculates property taxes based on the assessed value of the property. For example, if a home in the county has an assessed value of $200,000, the property tax rate of 2.50% would be applied.
To calculate the property tax amount, simply multiply the assessed value by the tax rate. Using our example, $200,000 x 0.025 = $5,000 in annual property taxes.
It's important to note that property taxes are paid twice a year in Cascade County, with the first half due in November and the second half due in May. The county also offers a range of property tax exemptions and discounts for eligible individuals and organizations.
If you want appeal your property tax assessment - contact your local tax assessor.
Cascade County Property Tax Rates
The following table presents the property tax rates in Cascade County, Montana. The rates are expressed as the amount of tax per $100 of assessed value.
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $3.16 |
| County Road | $0.71 |
| County Health | $0.19 |
| City of Great Falls General | $6.94 |
| City of Great Falls Park | $1.81 |
| City of Great Falls Lighting | $0.90 |
| Great Falls School District #1 | $13.50 |
| Statewide School Equalization | $0.26 |
| Total | $27.47 |
It is important to note that property tax rates may vary depending on the specific property location and assessed value. It is recommended to contact the Cascade County Tax Assessor's office for further information on property taxes.
Who sets property tax rates in Cascade County ?
Who sets property tax rates in Cascade County? The Cascade County Board of Commissioners is responsible for setting property tax rates in the county.
When are property tax rates set in Cascade County? Property tax rates are typically set in Cascade County during budget hearings in August or September each year.
How are property tax rates determined in Cascade County? Property tax rates in Cascade County are determined by the total budget needs of the county, divided by the total taxable property value in the county. The tax rates are then adjusted to ensure that the county's budget needs are met.
What factors can affect property tax rates in Cascade County? Several factors can affect property tax rates in Cascade County, including changes in property values, changes in the county's budget needs, and changes in state laws governing property taxation.
How can property owners in Cascade County find out their property tax rates? Property owners in Cascade County can find out their property tax rates by contacting the county assessor's office or by searching the county's property tax records online.
Homestead exemptions in Cascade County ?
Cascade County Homestead Exemptions and Deductions Table:
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Any homeowner | Up to $100,000 of assessed value | Must be the primary residence of the homeowner |
| Senior Citizen/Disabled Person Homestead Exemption | Homeowner over 62 years old or disabled | Up to $100,000 of assessed value | Must be the primary residence of the homeowner |
| Disabled Veteran Homestead Exemption | Disabled veteran rated 100% disabled or receiving 100% disability compensation from the VA | Up to $3,000 of assessed value | Must be the primary residence of the veteran |
| Military Service Exemption | Active military service member or their spouse | Exemption of up to $4,000 of assessed value | Must be the primary residence of the service member or spouse |
| Agricultural Classification | Property used for agricultural purposes | Varies based on the value of the property | Must meet certain criteria for agricultural use |
Notes:
- These exemptions/deductions are only available for properties located in Cascade County, Montana.
- Homeowners must apply for these exemptions/deductions through the Cascade County Treasurer's office.
- Eligibility requirements and amounts are subject to change, and homeowners should confirm the most up-to-date information before applying.
When is Cascade County Property Tax due ?
Cascade County Property Tax Due Date
If you own property in Cascade County, Montana, you are required to pay property taxes annually. The due date for Cascade County Property Tax is November 30th of every year.
Payment Methods
Cascade County offers several payment methods to make it convenient for taxpayers to pay their property taxes. Here are the payment options:
| Payment Method | Details |
|---|---|
| Online | Taxpayers can pay their property tax online by visiting the Cascade County Treasurer's website. They can pay through an e-check or debit/credit card. |
| In-person | Taxpayers can also make a payment in person by visiting the Cascade County Treasurer's Office. They can pay through check, cash, or card. |
| By mail | Taxpayers can mail their payment to the Cascade County Treasurer's Office. They are advised to make sure that it's postmarked on or before the due date. |
It's important to note that if the payment is not received by the due date, the property owner will be charged interest and penalties. If you have any questions regarding your property tax payment, you can contact the Cascade County Treasurer's Office for assistance.
If you have more questions - contact your local tax collector.
How is Cascade County Property Tax penalty calculated ?
Cascade County Property Tax Penalty Calculation:
When the property taxes for a particular year are not paid by the due date, a penalty is assessed on the unpaid amount. The amount of penalty depends on the length of time the payment is overdue and the amount of unpaid taxes. Here's how Cascade County calculates the penalty:
- First Month: If the payment is not received by the due date, a penalty of 2% of the unpaid amount is assessed.
- Second Month: If the payment is still not received after one month, an additional penalty of 1% is added to the unpaid amount.
- Third Month: If the payment is not received after two months, an additional penalty of 1% is added to the unpaid amount.
- Fourth Month: If the payment is not received after three months, an additional penalty of 1% is added to the unpaid amount.
- Fifth Month and Beyond: If the payment is still not received after four months, the penalty will remain at 5% of the unpaid amount until the taxes are paid.
Example:
Let's say John owns a property in Cascade County, and his property taxes for the year are $5,000. The due date for payment is December 31st, but John doesn't make the payment until April 30th of the following year.
- First Month Penalty: $5,000 x 2% = $100
- Second Month Penalty: $5,000 x 3% = $150
- Third Month Penalty: $5,000 x 4% = $200
- Fourth Month Penalty: $5,000 x 5% = $250
Total Penalty: $700
Therefore, John's penalty for paying his property taxes four months late would be $700. In addition to the penalty, interest will also be charged on the unpaid amount until the taxes are paid in full. It is important to pay property taxes on time to avoid incurring penalties and additional fees.
We recommend contacting the Cascade County Tax Office or a local tax professional for the most up-to-date and accurate information.