Example of Sedgwick County Property Tax Calculation
In Sedgwick County, property taxes are calculated based on the value of the property. The value of the property is determined by the county appraiser's office which assesses the property every year. Once the value of the property is determined, the mill levy is applied to calculate the property tax.
For example, if the assessed value of a property in Sedgwick County is $100,000 and the mill levy is 135, the property tax would be calculated as follows: $100,000 x 0.135 = $13,500
Therefore, the property owner would be responsible for paying $13,500 in property taxes for that year.
It's important to note that mill levies can vary depending on the location of the property and any additional taxes or fees that may apply. Property owners can contact the Sedgwick County Treasurer's office for more information on their specific property tax calculation.
If you want appeal your property tax assessment - contact your local tax assessor.
Sedgwick County Property Tax Rates
The Sedgwick County Property Tax rates for the year 2021 are listed below in a formatted table. The rates are based on a rate per $100 of assessed property value.
| Tax Type | Rate per $100 Assessed Value |
|---|---|
| County Tax | $29.1310 |
| State Tax | $1.5000 |
| School Tax | $53.3411 |
| City Tax | $13.0235 |
| Special Tax | $0.0000 |
| Total Tax Rate | $97.9956 |
It is important for property owners in Sedgwick County to understand their tax obligations and to ensure that they are paying the correct amount. It is recommended that individuals consult with a tax professional for personalized advice and guidance.
Who sets property tax rates in Sedgwick County ?
Property Tax Rates in Sedgwick County:
In Sedgwick County, property tax rates are set by the County appraiser's office. The appraiser's office determines the value of each property in the County, which is then used to calculate the property tax. The County appraiser's office is responsible for maintaining accurate and up-to-date records of all property values in the County.
The County Commissioners then adjust the tax rate, which is expressed in mills (tax dollars per $1,000 of assessed value), based on the County's budget needs. The County budget is determined by a public hearing process, where residents have the opportunity to voice their opinion on the proposed budget before it is approved.
It's important to note that property tax rates can also be affected by changes in the state's tax laws. But ultimately, the County appraiser's office and the County Commissioners are responsible for setting the property tax rates in Sedgwick County.
Homestead exemptions in Sedgwick County ?
To help Sedgwick County residents understand their Homestead exemptions and deductions, the following table outlines the various options available to them:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Senior Citizen Exemption | Must be 65 years or older | Up to $200,000 of assessed value | Must have lived in property for at least 10 years |
| Disabled Veterans Exemption | Must be a veteran with a service-connected disability | Up to $100,000 of assessed value | Can be applied to primary residence or vehicle |
| Blind Exemption | Must be legally blind | Up to $20,000 of assessed value | N/A |
| Family Farm Exemption | Must be actively engaged in farming | Up to $50,000 of assessed value | Must have at least 20 acres |
| Renewable Energy System Exemption | Must have installed a renewable energy system | Up to 100% of assessed value | Applies only to the renewable energy system |
It is important to note that these exemptions and deductions are specific to Sedgwick County and may vary in other counties or states. It is recommended that residents consult with a tax professional or county assessor for more information on their individual eligibility and application processes.
When is Sedgwick County Property Tax due ?
Sedgwick County Property Tax is typically due on December 20th of each year. However, if December 20th falls on a weekend, the due date will fall on the next business day.
To make a payment, there are a few different options available for Sedgwick County residents. Here is a breakdown of the payment methods:
| Payment Method | Description |
|---|---|
| Online Payment | Residents can make payments online using a credit or debit card. There is a fee of 2.5% per transaction for credit card payments, and a flat fee of $3.95 for debit card payments. |
| Mail-In Payment | Residents can mail in a check or money order to the Sedgwick County Treasurer's Office. The address is 525 N Main St., Wichita, KS 67203. |
| In-Person Payment | Residents can make payments in person at the Sedgwick County Treasurer's Office during regular business hours. The office is located at 525 N Main St., Wichita, KS 67203. Cash, check, or money order are accepted. |
It is important to note that if payment is not received by the due date, late fees and interest may be applied. Therefore, it is recommended that residents make their payments in a timely manner to avoid additional charges.
If you have more questions - contact your local tax collector.
How is Sedgwick County Property Tax penalty calculated ?
Sedgwick County Property Tax Penalty Calculation
When a property owner in Sedgwick County, Kansas fails to pay their property taxes on time, they will incur a penalty fee based on the assessed value of their property. The penalty fee is typically calculated as a percentage of the amount owed and increases over time until the outstanding balance is paid off.
The penalty fee structure is as follows:
| Time Elapsed | Penalty Percentage |
|---|---|
| 1-30 days | 5% |
| 31-60 days | 10% |
| 61-90 days | 15% |
| 91-120 days | 20% |
| 121 days + | 20% + additional 1% for every month past due |
For example, if a property owner owes $5,000 in property taxes and fails to pay within 30 days, they will be assessed a penalty fee of $250 (5% of $5,000). If they continue to be late on their payments and do not pay until after 121 days, their penalty fee will increase to $1,350 (20% + 1% for each of the three additional months past due).
It's important for property owners in Sedgwick County to pay their property taxes on time to avoid incurring penalty fees. These fees can add up quickly and make it even more difficult to pay off outstanding balances. Additionally, failure to pay property taxes can result in liens being placed on the property and potential legal action being taken against the property owner.
We recommend contacting the Sedgwick County Tax Office or a local tax professional for the most up-to-date and accurate information.