Example of Kewaunee County Property Tax Calculation
Kewaunee County calculates property taxes based on the assessed value of the property. For example, if a home is assessed at $100,000, the property tax rate for Kewaunee County is 1.5%, and there are no exemptions or credits, the property tax would be calculated as follows:
Step 1: Multiply the assessed value of $100,000 by the tax rate of 1.5%, which would result in a total tax of $1,500.
Step 2: Divide the total tax of $1,500 by 1,000 to get the tax per $1,000 of assessed value. In this case, the tax per $1,000 would be $15.
Step 3: Multiply the tax per $1,000 by the actual assessed value of the property. In this case, if the actual assessed value is $120,000, the property tax would be calculated as follows: $15 (tax per $1,000) x 120 (number of $1,000s in assessed value) = $1,800.
Therefore, the property tax for a home with an assessed value of $100,000 and a tax rate of 1.5% in Kewaunee County would be $1,500, and for a home with an assessed value of $120,000, the property tax would be $1,800.
If you want appeal your property tax assessment - contact your local tax assessor.
Kewaunee County Property Tax Rates
The Kewaunee County Property Tax rates for 2021 are as follows:
Tax | Rate per $100 of Assessed Value |
---|---|
General County | $3.51 |
County Library | $0.33 |
County Veterans | $0.06 |
County Debt Service | $0.71 |
Technical College | $0.27 |
State School | $1.59 |
Local School | $8.48 |
Municipality | Varies by Township |
It is important to note that the municipality tax rate varies depending on the township in which the property is located. Residents should consult with their local municipality for specific tax rates.
Who sets property tax rates in Kewaunee County ?
Property Tax Rates in Kewaunee County
Property tax rates in Kewaunee County, Wisconsin are set by the Kewaunee County Board of Supervisors. This board meets annually to determine the property tax rates for the county.
How Property Tax Rates are Determined
The property tax rates in Kewaunee County are based on the total assessed value of all properties within the county. This assessed value is determined by the Kewaunee County Assessor's Office, which assesses the value of each property based on its fair market value.
The property tax rates are then calculated based on the total assessed value of all properties within the county and the budget requirements of the county. The county board of supervisors sets the property tax rates to ensure that the county can meet its budgetary needs.
When Property Tax Rates are Set
The Kewaunee County Board of Supervisors meets annually to set the property tax rates for the county. This meeting typically takes place in November or December, and the new property tax rates go into effect on January 1st of the following year.
It's important for property owners in Kewaunee County to keep track of these meetings and understand how the property tax rates are determined. This can help them to better understand their tax bills and plan accordingly.
Homestead exemptions in Kewaunee County ?
To help homeowners in Kewaunee County, Wisconsin, understand the various Homestead exemptions and deductions available to them, we've created a table containing all the county-specific information. The table is organized into four columns: exemption, eligibility, amount, and notes. Here's a breakdown of what you can expect to find in each column:
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
General Homestead Exemption | Owner-occupied properties | Up to $25,000 | Applies to all properties |
Veterans and Surviving Spouses Property Tax Credit | Military veterans or surviving spouses | Varies based on military service and disability | Must be approved by the Wisconsin Department of Veterans Affairs |
First Dollar Credit | Owner-occupied properties | $87.50 | Applies to all properties |
School Property Tax Credit | Owner-occupied properties | Varies based on school district | Must meet certain income requirements |
Agricultural Property Tax Credit | Agricultural properties | Varies based on land use | Must be actively used for agricultural purposes |
Manufacturing Property Tax Credit | Manufacturing properties | Varies based on value of property | Must be approved by the Wisconsin Economic Development Corporation |
It's important to note that eligibility requirements and amounts may change from year to year, so be sure to check with your local government or tax assessor's office for the most up-to-date information. By taking advantage of these Homestead exemptions and deductions, homeowners in Kewaunee County may be able to save money on their property taxes and ease the financial burden of homeownership.
When is Kewaunee County Property Tax due ?
Kewaunee County Property Tax is typically due on January 31st of each year. However, if the due date falls on a weekend or a holiday, the deadline is extended to the next business day. It is important to note that failure to pay on time can result in late fees and penalties.
There are several payment methods available for Kewaunee County Property Tax. These include:
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Online: Property owners can pay online using a credit or debit card, or by electronic check. This service is available 24/7 and can be accessed through the Kewaunee County website.
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Mail: Property owners can mail their payment to the Kewaunee County Treasurer's Office. The address is provided on the tax bill.
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In person: Property owners can pay in person at the Kewaunee County Treasurer's Office during regular business hours.
It is important to note that if a property owner chooses to pay in installments, the due dates for each installment are as follows:
- First installment: January 31st
- Second installment: March 31st
- Third installment: May 31st
- Fourth installment: July 31st
Payment can be made using any of the methods listed above. Property owners should make sure to pay each installment on time to avoid late fees and penalties.
If you have more questions - contact your local tax collector.
How is Kewaunee County Property Tax penalty calculated ?
Kewaunee County Property Tax Penalty Calculation
When a property owner fails to pay their property taxes on time, they are subject to penalties and interest charges. Kewaunee County calculates these penalties based on a percentage of the unpaid taxes.
The penalty amount is determined by the number of days the taxes are delinquent. Here is a breakdown of the penalty rates:
Days Delinquent | Penalty Rate |
---|---|
1-29 | 0.5% |
30-59 | 1% |
60-89 | 1.5% |
90 or more | 2% |
For example, if a property owner owes $2,000 in property taxes and fails to pay on time, here is how the penalty would be calculated based on the number of days delinquent:
Days Delinquent | Penalty Rate | Penalty Amount |
---|---|---|
15 | 0.5% | $10 |
30 | 1% | $20 |
45 | 1.5% | $45 |
60 | 2% | $80 |
Total Penalty: | $155 |
In this example, if the property owner was 60 days delinquent, they would owe a penalty of $80, which is 2% of the unpaid taxes. The total penalty amount for all the days delinquent is $155, which is added to the original tax amount due.
It is important for property owners in Kewaunee County to pay their property taxes on time to avoid penalties and interest charges.
We recommend contacting the Kewaunee County Tax Office or a local tax professional for the most up-to-date and accurate information.