Example of Norton County Property Tax Calculation
In Norton County, the property tax calculation is based on the assessed value of the property, which is determined by the county appraiser. The assessed value is multiplied by the mill levy, which is the tax rate set by the local government.
For example, if a property in Norton County has an assessed value of $100,000 and the mill levy is 50, the property tax would be calculated as follows:
$100,000 (assessed value) x 0.05 (mill levy) = $5,000 (property tax)
Therefore, the property owner would be responsible for paying $5,000 in property taxes for the year. It is important to note that the mill levy can vary depending on the taxing district, such as city or school district, and can change from year to year based on budget needs.
If you want appeal your property tax assessment - contact your local tax assessor.
Norton County Property Tax Rates
The table below displays the Norton County Property Tax rates, expressed in dollars per $100 of assessed value:
Tax | Rate per $100 of Assessed Value |
---|---|
County | $1.48 |
City | $1.02 |
School District | $1.54 |
Community College | $0.22 |
Please keep in mind that these rates are subject to change and should be verified with the appropriate authorities.
Who sets property tax rates in Norton County ?
In Norton County, property tax rates are primarily set by the local government authorities. The Norton County Commission is responsible for setting and levying property taxes in the county. These taxes are used to fund various public services such as schools, roads, and law enforcement.
The property tax rates are generally set annually, and they are based on the assessed value of the property. The assessed value is determined by the Norton County Appraiser's Office, which evaluates the property's market value and applies the appropriate tax rate.
It is important to note that property tax rates may also be influenced by state laws and regulations. Additionally, there may be special assessments and charges that are levied by other local government entities such as school districts and townships.
Overall, property tax rates in Norton County are set in accordance with local laws and regulations, and they play a critical role in maintaining and improving the community's public infrastructure and services.
Homestead exemptions in Norton County ?
To help Norton County residents better understand their Homestead exemptions and deductions, here is a table with all the county-specific information:
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
General Homestead | Owners | Up to $20,000 | Must be the primary residence |
Disabled Veterans | Veterans with a disability rating of at least 50% | Up to $2,000 | Must provide proof of disability |
Blind | Blind individuals | Up to $2,000 | Must provide proof of blindness |
Low Income | Owners with a household income of less than $20,000 | Up to $1,000 | Must provide proof of income |
Senior Citizen | Owners over the age of 65 | Varies based on income and home value | Must apply annually |
It is important to note that eligibility and amounts may vary based on individual circumstances. Norton County residents are encouraged to reach out to the county assessor's office for more information on their specific situation.
When is Norton County Property Tax due ?
Norton County Property Tax Due Date and Payment Methods
Norton County property tax is typically due on December 20th of each year. However, if the due date falls on a weekend or holiday, the payment deadline will be extended to the next business day. It is important to note that failure to pay property taxes on time may result in penalties and interest charges.
Property owners in Norton County have several payment options available to them. These include:
- Mail: Property owners can mail their payment to the Norton County Treasurer's Office at the following address: PO Box 70, Norton, KS 67654.
- In-person: Property owners can make their payment in person at the Norton County Treasurer's Office, located at 105 S. Kansas Avenue, Norton, KS 67654.
- Online: Property owners can also make their payment online through the Norton County website using a credit or debit card. However, a convenience fee will apply.
It is important to note that the Norton County Treasurer's Office does not accept payments over the phone.
In conclusion, Norton County property tax is due on December 20th each year. Property owners can make their payment through mail, in-person, or online, but payments cannot be made over the phone.
If you have more questions - contact your local tax collector.
How is Norton County Property Tax penalty calculated ?
Norton County Property Tax Penalty Calculation
Property taxes are an essential source of revenue for counties, cities, and other entities in the United States. When property owners fail to pay their taxes on time, penalties are imposed. Norton County property tax penalty is calculated as follows:
- Base Penalty
The base penalty for late payment of Norton County property tax is 2% of the unpaid tax. This penalty is applied on the first day after the due date.
- Additional Penalty
An additional penalty of 1% is added on the first day of each month following the due date until the taxes are paid in full.
Example:
Let's say John owns a house in Norton County, and his property tax bill is $5,000. The due date for the taxes is January 31st. John fails to pay his taxes on time and pays them on April 15th.
Base Penalty = $5,000 X 2% = $100 Additional Penalty (February) = $5,000 X 1% = $50 Additional Penalty (March) = $5,000 X 1% = $50 Total Penalty = $100 + $50 + $50 = $200
Therefore, John would have to pay a penalty of $200 in addition to his property tax bill of $5,000.
It's important to note that the penalty can accumulate up to a maximum of 18% of the unpaid tax amount for Norton County property taxes. So, if John fails to pay his taxes for 18 months or more, the penalty would reach the maximum limit of 18%.
We recommend contacting the Norton County Tax Office or a local tax professional for the most up-to-date and accurate information.