Example of Dunn County Property Tax Calculation
In Dunn County, property taxes are calculated by taking the assessed value of the property and multiplying it by the mill rate. The mill rate is a tax rate expressed in mills, where one mill represents one-tenth of one percent of the assessed value.
For example, if a property in Dunn County has an assessed value of $100,000 and the mill rate is 20, the property tax would be calculated as follows:
$100,000 assessed value x 20 mill rate = $2,000 property tax
It's important to note that the mill rate can vary depending on the location of the property and local tax laws. Additionally, there may be other factors that can impact the final property tax amount, such as exemptions or credits.
Overall, understanding how property taxes are calculated can help property owners in Dunn County budget and plan accordingly.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Dunn County ?
The property tax rates in Dunn County are determined by the county's Board of Commissioners. They set the rates during their annual budgeting process, which typically occurs in the fall. The rates are based on the county's projected revenue needs for the upcoming year and the assessed value of each property. Property owners receive their tax bills in December and taxes are due in January of the following year. If a property owner believes their assessment was incorrect or wishes to appeal their property tax bill, they can do so through the County Board of Equalization.
Dunn County Property Tax Rates
Here is a table listing Dunn County Property Tax rates in US dollars per 100$ of assessed value:
| Tax | Rate per $100 Assessed Value |
|---|---|
| County General | $0.50 |
| County Library | $0.15 |
| County Fair | $0.05 |
| County Bonding | $0.15 |
| City of Menomonie | $4.60 |
| School District of Menomonie | $7.29 |
| School District of Elk Mound | $8.22 |
These rates will vary based on the specific property being assessed and any applicable exemptions. It is recommended to consult with a local tax professional for further guidance on individual property tax rates.
When is Dunn County Property Tax due ?
In Dunn County, Wisconsin, property taxes are typically due on January 31st of each year. However, if that date happens to fall on a weekend or holiday, the due date is extended to the next business day.
There are several ways to pay Dunn County property taxes:
- Online Payment: Property owners can pay their taxes online using a credit card or electronic check through the Dunn County website.
- Mail: Payments can be sent by mail to the Dunn County Treasurer's Office at 800 Wilson Ave., Room 110, Menomonie, WI 54751.
- In-person: Property owners can pay in person at the Dunn County Treasurer's Office during normal business hours.
It is important to note that payments made after the due date will be subject to interest and penalties. Property owners are encouraged to make their payments on time to avoid any additional charges.
If you have more questions - contact your local tax collector.
Homestead exemptions in Dunn County ?
Dunn County in Wisconsin offers various Homestead exemptions and deductions for eligible taxpayers. Here's a breakdown of the available exemptions and deductions:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | Up to $75,000 | Based on the assessed value of the property |
| Elderly or Disabled Exemption | Homeowners who are 65 or older or have a qualifying disability | Up to $56,000 | Based on the assessed value of the property |
| Veterans Exemption | Veterans who have served in the military for a certain period of time | Up to $12,000 | Based on the assessed value of the property |
| Agricultural Land Exemption | Owners of agricultural land | Up to 70% of the assessed value | Based on the productive value of the land |
It's important to note that these exemptions and deductions have specific requirements and limitations. For example, the Elderly or Disabled Exemption has income limitations and the Veterans Exemption requires a copy of the veteran's discharge papers. Additionally, some exemptions may not be available for properties with certain characteristics.
If you believe you are eligible for any of these exemptions or deductions, it's recommended to consult with a tax professional or contact the Dunn County Treasurer's office for more information.
How is Dunn County Property Tax penalty calculated ?
Dunn County calculates property tax penalties based on the assessed value of the property and the length of time the taxes are overdue. The penalty is 1% of the assessed value per month, with a maximum penalty of 12%. For example, if a property with an assessed value of $100,000 has overdue taxes for 6 months, the penalty would be $6,000 (6% of the assessed value).
Here is a breakdown of how the penalty is calculated:
| Penalty Calculation | Example |
|---|---|
| Assessed Value | $100,000 |
| Penalty Rate | 1% per month |
| Overdue Time | 6 months |
| Penalty Percentage | 6% |
| Penalty Amount | $6,000 |
It is important for property owners in Dunn County to pay their property taxes on time to avoid costly penalties. If you have any questions about property taxes or penalties in Dunn County, reach out to the county tax office for more information.
We recommend contacting the Dunn County Tax Office or a local tax professional for the most up-to-date and accurate information.