Example of Osage County Property Tax Calculation
Osage County Property Tax calculation is based on the assessed value of the property. This value is determined by the county assessor and multiplied by the current tax rate. The tax rate varies between different districts within Osage County. Once the tax rate is applied to the assessed value, any applicable deductions or exemptions are subtracted to arrive at the final tax amount. The property owner is responsible for paying this amount by the due date to avoid penalties and interest. It is important to note that property taxes in Osage County fund various services such as schools, roads, and emergency services.
If you want appeal your property tax assessment - contact your local tax assessor.
Osage County Property Tax Rates
The table below displays the tax rates for Osage County in US dollars per 100$ of assessed property value.
| Tax | Rate per $100 of assessed value |
|---|---|
| County General | $0.605 |
| County Bond | $0.035 |
| County Health | $0.125 |
| County Library | $0.200 |
| County Fair | $0.010 |
| County Extension | $0.035 |
| County Fire | $0.200 |
It is important to note that these rates apply to the assessed value of real property in Osage County and may not reflect any exemptions or other adjustments that may be applicable to individual taxpayers.
Who sets property tax rates in Osage County ?
According to the laws of Osage County, Kansas, the Osage County Commissioners set the property tax rates annually. The rates are typically set in August, and property owners can expect to receive their property tax bills in November. The amount of property tax owed is based on the assessed value of the property and the set tax rate. If a property owner disagrees with the assessed value of their property, they can appeal the valuation with the Osage County Appraiser's Office. It is important for property owners to understand their rights and responsibilities when it comes to paying property taxes in Osage County.
Homestead exemptions in Osage County ?
In Osage County, Missouri, there are various Homestead exemptions and deductions available to eligible homeowners. To help you navigate these options, we have created a table with four columns: exemption, eligibility, amount, and notes. This table outlines the county-specific Homestead exemptions and deductions available in Osage County.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | Up to $5,000 | Must be the primary residence of the homeowner and they must have owned the property as of January 1st of the tax year. |
| Senior Citizen's Homestead Exemption | Homeowners over 65 years old or disabled residents | Up to $1,000 | Must be the primary residence of the homeowner and they must have owned the property as of January 1st of the tax year. Must also provide proof of age or disability. |
| Disabled Veterans Homestead Exemption | Veterans with a service-related disability | Up to $100,000 | Must be the primary residence of the veteran and they must have owned the property as of January 1st of the tax year. Must provide proof of disability. |
| Elderly or Disabled Persons Tax Credit | Homeowners over 65 years old or disabled residents | Up to $1,100 | Must have a total household income of $30,000 or less and must have owned the property as of January 1st of the tax year. Must also provide proof of age or disability. |
| Circuit Breaker Tax Credit | Homeowners over 65 years old or disabled residents | Up to $1,100 | Must have a total household income of $30,000 or less and must have owned the property as of January 1st of the tax year. Must also provide proof of age or disability. |
It's important to note that eligibility requirements, amounts, and deadlines for these exemptions and deductions can vary from year to year. For more information, homeowners in Osage County should consult with their local tax assessor's office or visit the county's official website.
When is Osage County Property Tax due ?
When is Osage County Property Tax typically due?
Osage County Property Tax is typically due on December 31st of each year. Property owners are strongly encouraged to pay their taxes on time to avoid penalties and interest charges.
The following payment methods are accepted for property tax payments in Osage County:
| Payment Method | Description |
|---|---|
| Online | Property owners can pay their property taxes online using a credit card, debit card, or e-check. The online payment system is available 24/7 and is secure and easy to use. |
| Property owners can mail their property tax payments to the Osage County Treasurer's Office. The address is: Osage County Treasurer, 717 Topeka Ave, Lyndon, KS 66451. | |
| In-Person | Property owners can pay their property taxes in-person at the Osage County Treasurer's Office. The address is: Osage County Courthouse, 717 Topeka Ave, Lyndon, KS 66451. Office hours are Monday through Friday from 8:00am to 4:00pm. |
In summary, Osage County Property Tax is typically due on December 31st each year. Property owners can pay their taxes online, through the mail, or in-person at the Osage County Treasurer's Office. Paying on time is important to avoid penalties and interest charges.
If you have more questions - contact your local tax collector.
How is Osage County Property Tax penalty calculated ?
Osage County Property Tax Penalty Calculation
When a property owner fails to pay their property taxes on time, Osage County imposes penalties to encourage timely payment.
The penalty rate is set by the Osage County Treasurer's office and is based on the amount of taxes owed. The penalty rate is 5% of the unpaid taxes for the first month and an additional 1% per month thereafter until the taxes are paid in full.
Here is an example to illustrate how the penalty is calculated:
Suppose a property owner owes $2,000 in property taxes for the year. The due date for the taxes is December 31st. If the owner fails to pay by the due date, the penalty will be calculated as follows:
| Month | Unpaid Taxes | Penalty Rate | Penalty Amount |
|---|---|---|---|
| January | $2,000 | 5% | $100 |
| February | $2,100 | 6% | $126 |
| March | $2,226 | 7% | $155.82 |
| April | $2,381.82 | 8% | $190.55 |
| May | $2,572.37 | 9% | $231.51 |
| June | $2,803.88 | 10% | $280.39 |
As the table shows, the penalty increases each month until the taxes are paid in full. In this example, if the property owner pays their taxes in full by June, the penalty will be $280.39, which is 14% of the original amount owed.
It is important for property owners to pay their Osage County property taxes on time to avoid penalties and the risk of losing their property through a tax sale.
We recommend contacting the Osage County Tax Office or a local tax professional for the most up-to-date and accurate information.