Example of Morton County Property Tax Calculation
When calculating Morton County property taxes, the assessor determines the value of the property based on its location, size, and type. Then, the tax rate is applied to that value to determine the amount owed.
For instance, let's say a home in Morton County has a market value of $150,000. The property tax rate is set at 1.5%, which is multiplied by the home's market value. This results in a property tax bill of $2,250 annually.
It is important to note that property tax rates may vary depending on the location and type of property. Additionally, there may be additional fees or exemptions that impact the final tax bill.
If you want appeal your property tax assessment - contact your local tax assessor.
Morton County Property Tax Rates
The Morton County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General Fund | $0.49 |
| Road and Bridge Fund | $0.44 |
| Special Assessment Fund | $0.01 |
| County Library Fund | $0.02 |
| Weed Control Fund | $0.01 |
| Airport Fund | $0.01 |
Note: These rates are subject to change and residents are advised to verify with the Morton County Treasurer's Office for the most up-to-date information.
Who sets property tax rates in Morton County ?
The property tax rates in Morton County are set by the Morton County Commission. This governing body is responsible for conducting an annual hearing where the residents of the county can voice their concerns and opinions on the proposed tax rates. After considering all of the feedback, the commission will then establish the final property tax rates. This process typically occurs in the fall of each year, and the new rates take effect on January 1st of the following year.
When is Morton County Property Tax due ?
According to the official website of Morton County, North Dakota, property tax is due on March 1st of each year. Here are some payment methods:
| Payment Method | Description |
|---|---|
| Online | You can pay your property tax online using a credit card or e-check. There is a convenience fee associated with this method. |
| You can mail in your payment along with a check or money order. The mailing address is provided on the property tax statement. | |
| In-Person | You can pay in person at the Morton County Treasurer's Office located in the Courthouse in Mandan, ND. Accepted payment methods include cash, check, or money order. |
It is important to note that late payments will incur penalties and interest fees. Therefore, it is recommended to pay on time to avoid any additional charges. For more information, please visit the official website of Morton County Treasurer's Office.
If you have more questions - contact your local tax collector.
Homestead exemptions in Morton County ?
To help Morton County residents navigate their Homestead exemptions and deductions, below is a table breaking down the different options available to them.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead | Owner-occupied primary residence in Morton County | Up to $20,000 | Applies to both real property and mobile homes |
| Property tax relief | Homeowners aged 65 or older, or disabled homeowners | Varies by income level | Income limit for full exemption: $23,700 |
| Agricultural land | Agricultural land used for crop or livestock production | Varies by acreage | Must apply annually |
It's important to note that while these exemptions and deductions are specific to Morton County, they may differ in other parts of Kansas. Homeowners should reach out to their local tax assessor's office for more information on eligibility and application processes.
How is Morton County Property Tax penalty calculated ?
Morton County calculates property tax penalties based on a set formula that takes into account the amount of the unpaid taxes, the number of days the taxes are past due, and the interest rate set by the State of North Dakota.
Here's how the penalty is calculated:
-
Assessed Value of the Property - The assessed value of the property is established by the Morton County Auditor's Office. This value is used to determine the amount of property taxes owed.
-
Total Amount of Taxes Due - The total amount of taxes due is calculated by multiplying the assessed value by the tax rate set by the Morton County Commission.
-
Due Date of Taxes - The due date for property taxes in Morton County is March 1st. If the taxes are not paid by this date, they are considered past due.
-
Penalty Calculation - The penalty calculation is as follows:
- For the first 30 days past due, the penalty is 5% of the unpaid taxes.
- After 30 days, an additional 2% penalty is added for every month the taxes remain unpaid.
- Interest is added at a rate of 1% per month.
For example, if a property owner in Morton County owes $5,000 in property taxes and fails to pay by March 1st, the penalty would be calculated as follows:
- 5% penalty for the first 30 days past due: $250
- Monthly 2% penalty for next 5 months: $500
- Monthly 1% interest for 6 months: $300
- Total Penalty: $1,050
Overall, it's important for property owners in Morton County to pay their property taxes on time to avoid costly penalties and interest charges.
We recommend contacting the Morton County Tax Office or a local tax professional for the most up-to-date and accurate information.