Example of Griggs County Property Tax Calculation
Griggs County calculates property taxes by multiplying the assessed value of the property by the tax rate. For example, if a property has an assessed value of $100,000 and the tax rate is 1%, the property tax would be $1,000.
To determine the assessed value of a property, the county assessor considers factors such as the size and condition of the property, its location, and any improvements made to the property.
The tax rate is determined by the county government and can vary from year to year. It is usually expressed as a percentage of the assessed value.
Residents of Griggs County can pay their property taxes in one lump sum or in installments throughout the year. Failure to pay property taxes can result in penalties and even the loss of the property through a tax sale.
It is important for residents to stay informed about their property taxes and any changes in the tax rate to ensure they are paying the correct amount and avoiding any unnecessary penalties.
If you want appeal your property tax assessment - contact your local tax assessor.
Griggs County Property Tax Rates
Griggs County Property Tax Rates Table:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $1.69 |
| County Road and Bridge | $0.75 |
| County Social Services | $0.29 |
| County Special Assessments | $0.41 |
| School District | $6.83 |
| Total | $9.97 |
In Griggs County, property taxes are assessed based on the value of the property. The county government imposes several different taxes, including general, road and bridge, social services, and special assessments. In addition, the local school district also imposes a tax. The total tax rate for Griggs County is $9.97 per $100 of assessed value. It is important to note that property tax rates can vary depending on the property's location, size, and other factors.
Who sets property tax rates in Griggs County ?
In Griggs County, property tax rates are set by the County Board of Commissioners. This happens annually, usually in the fall. The board takes into consideration the county's budget and financial needs when determining the tax rates. Property tax rates are assessed on the value of a property, and the rates can vary based on the type of property and its location. If you have any questions about property taxes in Griggs County, it's best to contact the County Treasurer's office for more information.
| County | Griggs County |
|---|---|
| Tax Rates Set By | County Board of Commissioners |
| Frequency | Annually in the fall |
| Considerations | County budget and financial needs |
| Assessment | Property value |
| Contact | County Treasurer's office |
When is Griggs County Property Tax due ?
Griggs County Property Tax is typically due on March 1st of each year. However, if March 1st falls on a weekend or holiday, then the due date is extended to the next business day.
There are several payment methods available for property owners. They can choose to pay their property tax in person at the Griggs County Treasurer's Office, located at 805 Odegard Ave SE, Cooperstown, ND 58425. Alternatively, they can mail their payment to the same address or make an online payment through the official Griggs County website.
It is important to note that if property owners fail to pay their property tax by the due date, they may incur late fees and interest charges. Therefore, it is recommended that property owners make their payment on time or contact the Griggs County Treasurer's Office to discuss payment options.
| Payment Method | Address | Contact Information |
|---|---|---|
| In-Person | 805 Odegard Ave SE, Cooperstown, ND 58425 | (701) 797-3117 |
| PO Box 70, Cooperstown, ND 58425 | (701) 797-3117 | |
| Online | https://www.griggscountynd.gov/treasurer | (701) 797-3117 |
If you have more questions - contact your local tax collector.
Homestead exemptions in Griggs County ?
To help Griggs County residents understand their Homestead exemptions and deductions, we've compiled a table with all the necessary information. Here are the columns we've included:
| Column | Description |
|---|---|
| Exemption | The type of Homestead exemption or deduction |
| Eligibility | Who is eligible for the exemption or deduction |
| Amount | How much the exemption or deduction is worth |
| Notes | Any additional information about the exemption or deduction |
Below you'll find the specific Homestead exemptions and deductions available in Griggs County, North Dakota:
| Exemption/Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead | Homeowners | Up to $100,000 of value | Reduces taxable value of your property |
| Agricultural | Farmers and ranchers | Up to $100,000 of value | Reduces taxable value of agricultural property |
| Disabled veteran | Veterans with a service-related disability | Up to $120,000 of value | Reduces taxable value of primary residence |
| Elderly | Individuals aged 65 or older | Varies by income level | Reduces taxable value of primary residence |
| Homestead Preservation | Homeowners with increasing property values | Varies by value increase | Caps property value increase for tax purposes |
It's important to note that some of these exemptions may have additional eligibility requirements beyond what we've listed in this table. Griggs County residents should consult with their local tax assessor's office for more information on how to apply for these exemptions and deductions.
How is Griggs County Property Tax penalty calculated ?
Griggs County, like many other counties in the United States, imposes penalties on property owners who fail to pay their property taxes on time. The penalty is calculated as a percentage of the unpaid taxes, and the percentage varies depending on how many days late the payment is.
Here is an example of how the Griggs County Property Tax penalty is calculated:
Assume that John owns a property in Griggs County and owes $2,000 in property taxes for the year 2021. The due date for the payment is January 31, 2022, but John misses the deadline and pays the taxes on March 31, 2022.
The penalty rate for late payments in Griggs County is 1% per month, or 12% per year. Therefore, John's penalty for being 2 months late is:
- 2 months x 1% = 2%
The penalty is then calculated as a percentage of the unpaid taxes:
- $2,000 x 2% = $40
In addition to the penalty, John will also have to pay interest on the unpaid taxes. The interest rate in Griggs County is currently 1% per month, or 12% per year.
To avoid penalties and interest, property owners in Griggs County should make sure to pay their property taxes on or before the due date. They can also opt to enroll in the county's automatic payment plan to ensure timely payments.
| Late by | Penalty Rate | Unpaid Taxes | Penalty Amount |
|---|---|---|---|
| 2 months | 1% per month | $2,000 | $40 |
We recommend contacting the Griggs County Tax Office or a local tax professional for the most up-to-date and accurate information.