Example of Frontier County Property Tax Calculation
To calculate the property tax for Frontier County, one needs to determine the assessed value of the property first. The assessed value is the value assigned to the property by the local government for tax purposes.
Let's assume that a property in Frontier County has an assessed value of $100,000. The next step is to apply the tax rate to this assessed value. In Frontier County, the current tax rate is 2.5%.
Therefore, to calculate the property tax for this property, we need to multiply the assessed value by the tax rate:
$100,000 x 0.025 = $2,500
So, the property tax for this property in Frontier County would be $2,500.
It's important to note that property tax rates and assessed values may vary from year to year depending on changes in the local economy and government policies.
If you want appeal your property tax assessment - contact your local tax assessor.
Frontier County Property Tax Rates
Here's a formatted table listing the Frontier County Property Tax rates in US dollars per 100$ of assessed value:
| Tax | Rate per 100$ of assessed value |
|---|---|
| General County | 0.4095 |
| County Bond | 0.0325 |
| Agricultural Society | 0.0225 |
| K-12 Schools | 1.1223 |
| Village of Curtis | 0.5690 |
| Village of Eustis | 0.5210 |
These rates are subject to change and may vary based on individual property assessments. Taxpayers should consult with their tax advisor or local tax authority for the most up-to-date information regarding property tax rates in Frontier County.
Who sets property tax rates in Frontier County ?
In Frontier County, property tax rates are set by the local government officials, specifically the County Board of Supervisors. The rates are usually set annually during the budgeting process, which typically happens in late summer or early fall. The County Board of Supervisors takes into consideration factors such as property values, government expenses, and public needs when setting the property tax rates. It is important to note that property tax rates may vary depending on the location of the property within Frontier County.
Homestead exemptions in Frontier County ?
In Frontier County, Nebraska, there are several county-specific Homestead exemptions and deductions available to eligible homeowners. To provide a clear overview, below is a table outlining the different columns for each exemption and deduction:
| Column | Description |
|---|---|
| Exemption | The specific Homestead exemption available in Frontier County |
| Eligibility | Who is eligible for the exemption |
| Amount | The amount of the exemption or deduction available |
| Notes | Any additional notes or requirements for the exemption |
Below are the different Homestead exemptions and deductions available in Frontier County:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Any homeowner who occupies their property as their primary residence | $3,000 | Must file an application with the county assessor's office by June 30th of the assessment year. |
| Disabled Veterans' Exemption | Honorably discharged disabled veterans and their unmarried surviving spouses | $2,500 | Must file an application with the county assessor's office and provide proof of disability and military service. |
| Veteran's Exemption | Honorably discharged veterans and their unmarried surviving spouses | $1,000 | Must file an application with the county assessor's office and provide proof of military service. |
Homestead Deductions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Senior Citizen Homestead Deduction | Homeowners who are 65 years of age or older and disabled homeowners | $40,000 | Must file an application with the county assessor's office and provide proof of age and/or disability. This exemption reduces the taxable value of the property. |
| Disabled Person Homestead Deduction | Homeowners who are permanently and totally disabled | $40,000 | Must file an application with the county assessor's office and provide proof of disability. This exemption reduces the taxable value of the property. |
| Surviving Spouse of a Public Safety Officer | Surviving spouse of a public safety officer who died in the line of duty | All taxable value | No application necessary. The exemption is automatically applied to the surviving spouse's property. |
Remember that each exemption and deduction may have specific requirements and deadlines to qualify. It is important to reach out to the county assessor's office for additional information and assistance in applying for these exemptions and deductions.
When is Frontier County Property Tax due ?
Frontier County Property Tax Due Date and Payment Methods
Property taxes in Frontier County, Nebraska are typically due on December 31st of each year. However, if December 31st falls on a weekend or holiday, the due date is extended to the next business day.
There are several payment methods available for paying property taxes in Frontier County. These include:
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In-person: Property owners can pay their taxes in person at the Frontier County Treasurer's Office, which is located at 1 Wellington, Stockville, NE 69042. The office is open Monday through Friday from 8:00am to 4:30pm.
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By mail: Property owners can also mail their tax payments to the Frontier County Treasurer's Office at the same address mentioned above. Payments must be postmarked by December 31st to avoid penalties.
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Online: Property owners can pay their taxes online through the Frontier County website. This option allows property owners to pay using a credit or debit card, or by electronic check. A convenience fee applies.
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Drop box: There is also a drop box located outside of the Frontier County Treasurer's Office where property owners can drop off their tax payments outside of regular business hours.
It is important to note that unpaid property taxes in Frontier County will accrue interest at a rate of 14% per year. Additionally, if taxes remain unpaid for an extended period of time, the property may be subject to a tax sale.
In summary, Frontier County property taxes are typically due on December 31st and can be paid in person, by mail, online, or through a drop box. Property owners should ensure that their payments are made on time to avoid penalties and potential tax sales.
If you have more questions - contact your local tax collector.
How is Frontier County Property Tax penalty calculated ?
Frontier County's property tax penalty is calculated based on the amount of taxes owed and the number of days past the due date. The penalty rate for delinquent property taxes in Frontier County is 14% per annum. Here's an example to help illustrate how the penalty is calculated:
| Situation | Amount Due | Due Date | Payment Date | Penalty | Total Amount Due |
|---|---|---|---|---|---|
| On time | $1,000 | Jan 1 | Jan 1 | $0 | $1,000 |
| Late | $1,000 | Jan 1 | Feb 15 | $140 | $1,140 |
| Very Late | $1,000 | Jan 1 | Jun 30 | $490 | $1,490 |
As shown in the table, if a property owner in Frontier County pays their taxes after the due date, they will be subject to a penalty of 14% per annum. In the first scenario, the property owner paid on time, so there was no penalty assessed. In the second scenario, the property owner paid 45 days late, resulting in a penalty of $140 (which is calculated by multiplying the amount due by the penalty rate and the number of days late divided by 365). In the third scenario, the property owner paid 181 days late, resulting in a penalty of $490.
It's important for property owners in Frontier County to pay their taxes on time to avoid penalties and additional charges. If a property owner is unable to pay their taxes in full by the due date, they should contact the Frontier County Treasurer's Office to discuss payment options and avoid accruing additional penalties.
We recommend contacting the Frontier County Tax Office or a local tax professional for the most up-to-date and accurate information.