Example of Jewell County Property Tax Calculation
Jewell County calculates property tax based on the assessed value of the property. To calculate the property tax, the county first determines the assessed value of the property. This is done by taking the market value of the property and multiplying it by the assessment rate.
For example, let's say a property in Jewell County has a market value of $100,000 and an assessment rate of 11%. To calculate the assessed value, you would multiply the market value by the assessment rate:
$100,000 x 0.11 = $11,000
Once the assessed value is determined, the county then applies the mill levy to calculate the property tax. A mill is equal to one-tenth of a cent, or $0.001.
For example, let's say the mill levy for Jewell County is 150 mills. To calculate the property tax, you would multiply the assessed value by the mill levy and divide by 1,000:
($11,000 x 150) / 1,000 = $1,650
Therefore, the property tax for this property in Jewell County would be $1,650.
If you want appeal your property tax assessment - contact your local tax assessor.
Jewell County Property Tax Rates
The following table displays the Jewell County Property Tax rates in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $1.58 |
| City of Jewell | $1.80 |
| City of Mankato | $2.00 |
| Unified School District 107 | $4.31 |
| Unified School District 109 | $4.48 |
Note that these rates are subject to change and may vary depending on individual circumstances. It is recommended that taxpayers consult with a licensed tax professional for personalized advice.
Who sets property tax rates in Jewell County ?
Who and When Sets Property Tax Rates in Jewell County?
The Jewell County's property tax rates are set by the Jewell County Commission annually, typically in August or September, before the tax bills are mailed out in November.
The Commission consists of three elected officials who meet regularly to review the county's budget and determine the necessary tax rates to fund the county's services and operations.
The property tax rates for each individual property are then calculated based on the property's assessed value and the county's tax levy. The assessed value is determined by the Jewell County Appraiser's Office, which conducts regular property assessments to determine the market value of each property.
It is important for property owners in Jewell County to understand how their property tax rates are calculated and to be aware of any changes in the tax rates that may impact their finances. Property owners can contact the Jewell County Commission or the Appraiser's Office for more information and assistance with their property taxes.
When is Jewell County Property Tax due ?
Jewell County Property Tax is typically due on December 20th of each year. To ensure timely payment, taxpayers can choose from several payment methods, including:
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Online Payment: Taxpayers can pay their property taxes online by visiting the Jewell County Treasurer's website and following the prompts to enter payment information. A convenience fee of 2.5% of the payment amount will be assessed for this method.
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Mail: Taxpayers can mail their property tax payment to the Jewell County Treasurer's office at the following address:
Jewell County Treasurer P.O. Box 406 Mankato, KS 66956
Payments must be postmarked by December 20th to avoid late fees and penalties.
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In Person: Taxpayers can pay their property taxes in person at the Jewell County Treasurer's office located at 307 N. Commercial Street, Mankato, KS. Office hours are Monday-Friday, 8:00 a.m. to 5:00 p.m.
It is important to note that failure to pay property taxes by the due date may result in interest charges and penalty fees. Taxpayers should contact the Jewell County Treasurer's office for any questions or concerns regarding payment methods or due dates.
If you have more questions - contact your local tax collector.
Homestead exemptions in Jewell County ?
In Jewell County, Kansas, there are several Homestead exemptions and deductions available to homeowners. To help you understand your potential benefits, here is a breakdown of the available exemptions and deductions:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead | Owner-occupied primary residence | Up to 20% of the appraised value of the property, not to exceed $20,000 | Must file application by March 15th |
| Military Homestead | Owner-occupied primary residence of active military personnel | Same as General Homestead | Must provide proof of active duty status |
| Homestead Preservation | Owner-occupied primary residence with an assessed value increase of more than 5% | Varies based on assessed value increase | Only applies to new construction or substantial improvements |
Homestead Deductions
| Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| Safe Room | Owner-occupied primary residence with a FEMA-approved safe room | Up to $2,500 | Must provide proof of FEMA approval |
| Renewable Energy | Owner-occupied primary residence with an approved renewable energy system | Varies based on system type and capacity | Must provide proof of system approval |
| Commercial or Industrial | Owner-occupied primary residence with an attached commercial or industrial business | Varies based on business value | Must provide proof of business value |
It is important to note that these exemptions and deductions are specific to Jewell County and may vary in other counties in Kansas. Homeowners should consult with their local county assessor's office for more information and to determine their eligibility for these benefits.
How is Jewell County Property Tax penalty calculated ?
Jewell County Property Tax Penalty Calculation
Property tax is a tax levied on real estate owned by individuals or businesses. It is an important source of revenue for local governments in the United States. In Jewell County, Kansas, property owners are required to pay their property taxes on time to avoid penalties.
The penalty for late payment of Jewell County property taxes is calculated based on the amount of tax due and the number of days late. The penalty rate is 1% per month or fraction of a month that the tax remains unpaid. The maximum penalty is 12% of the total amount due.
To illustrate, let's say an individual in Jewell County owes $1,000 in property taxes. If the individual fails to pay the taxes on time and is 30 days late, the penalty would be 1% of $1,000, which is $10. If the individual continues to be late, the penalty would increase by an additional 1% each month.
The table below shows the penalty rates for Jewell County property taxes based on the number of days late:
| Days Late | Penalty Rate |
|---|---|
| 1-30 | 1% |
| 31-60 | 2% |
| 61-90 | 3% |
| 91-120 | 4% |
| 121-150 | 5% |
| 151-180 | 6% |
| 181-210 | 7% |
| 211-240 | 8% |
| 241-270 | 9% |
| 271-300 | 10% |
| 301-330 | 11% |
| 331+ | 12% |
It is important for Jewell County property owners to make timely payment of their property taxes to avoid any penalty charges. By understanding the penalty calculation process, property owners can better manage their finances and avoid any unnecessary fees.
We recommend contacting the Jewell County Tax Office or a local tax professional for the most up-to-date and accurate information.