Example of Shawano County Property Tax Calculation
Shawano County calculates property taxes by multiplying the property's assessed value by the tax rate. For example, if a property has an assessed value of $100,000 and the tax rate is 2%, then the property tax would be $2,000. This tax revenue is then used to fund local government services such as schools, roads, and emergency services. It is important to note that property values and tax rates can vary between different areas within Shawano County, so it is always best to consult with a local tax assessor for more accurate information.
If you want appeal your property tax assessment - contact your local tax assessor.
Shawano County Property Tax Rates
The following table lists the property tax rates in Shawano County, Wisconsin:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $4.87 |
| City of Shawano | $9.86 |
| Village of Bonduel | $9.96 |
| Village of Gresham | $10.02 |
| Village of Wittenberg | $11.55 |
It is important to note that these rates may vary based on the specific property and its location within the county. As a tax advisor, it is recommended to consult the Shawano County tax assessor's office for more information on individual property tax rates.
Who sets property tax rates in Shawano County ?
Who sets property tax rates in Shawano County?
The Shawano County Board of Supervisors, in coordination with the County Treasurer, sets property tax rates for the county.
When are property tax rates set in Shawano County?
The property tax rates in Shawano County are determined annually as a part of the budget process. The budget is typically adopted in November of each year, and the tax rates take effect on January 1st of the following year.
How are property tax rates determined in Shawano County?
The property tax rates are determined by taking the total amount of revenue needed to fund the county's budget and dividing it by the total taxable value of all property in the county. The resulting tax rate is then applied to each property owner's assessed value to determine their tax liability.
Who can property owners contact for more information about their property tax rates in Shawano County?
Property owners in Shawano County can contact the County Treasurer's office for more information about their tax rates and to address any questions or concerns they may have.
Homestead exemptions in Shawano County ?
To help Shawano County residents navigate Homestead exemptions and deductions, here is a table outlining county-specific information:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Credit | Owner-occupied primary residence | Varies based on income | Must meet income requirements |
| Elderly and Disabled Credit | Owner-occupied primary residence | Varies based on income and disability status | Must meet age and disability requirements |
| Veteran's Exemption | Veteran or surviving spouse of a veteran | Varies based on disability rating and service time | Must provide proof of veteran status and disability rating |
| School Tax Exemption | Owner-occupied primary residence | Up to $25,000 in assessed value | Applies only to school district taxes |
| Agricultural Land Exemption | Agricultural land used for farming purposes | Varies based on land use and value | Must provide proof of land use |
| Forest Land Exemption | Forest land used for forestry purposes | Varies based on land use and value | Must provide proof of land use |
It's important for Shawano County residents to check their eligibility for these exemptions and deductions to potentially save on property taxes. Some exemptions require proof of eligibility, so make sure to gather any necessary documentation. Always adhere to application deadlines and guidelines to ensure timely processing.
When is Shawano County Property Tax due ?
Shawano County Property Tax is typically due on January 31st of each year. There are several methods available for payment, including:
| Payment Method | Availability | Additional Information |
|---|---|---|
| Online | available | Payments can be made through the Shawano County website using a credit/debit card or e-check. There is a convenience fee associated with this method. |
| available | Payments can be mailed to the Shawano County Treasurer's Office using the addressed envelope included with the property tax bill. | |
| In-person | available | Payments can be made in person at the Shawano County Treasurer's Office during regular business hours. Cash, check, and credit/debit card payments are accepted. A convenience fee may apply for credit/debit card transactions. |
It is important to note that failure to pay property taxes on time can result in penalties and interest charges. Therefore, it is recommended that property owners make their payments by the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Shawano County Property Tax penalty calculated ?
Shawano County Property Tax Penalty Calculation
Property owners in Shawano County, Wisconsin are required to pay property taxes each year. If the property owner fails to pay the taxes on time, a penalty will be added to the amount owed. The penalty is calculated based on the amount of the delinquent taxes and the number of days past the due date.
The penalty for delinquent property taxes is 1.5% per month or a fraction of a month. This means that if a property owner owes $1,000 in property taxes and is one month late, the penalty would be $15 (1.5% of $1,000). If the property owner is two months late, the penalty would be $30 (1.5% of $1,000 for each month).
Here is an example of how the penalty is calculated:
| Amount Due | Due Date | Date Paid | Days Late | Penalty |
|---|---|---|---|---|
| $1,000 | January 31 | March 15 | 43 | $21.50 |
In this example, the property owner was 43 days late in paying the property taxes. The penalty was calculated by multiplying the amount due by the penalty rate of 1.5% per month and multiplying that by the number of months (or fraction of a month) late.
To avoid the penalty, property owners should make sure to pay their property taxes on time. If they are unable to pay the full amount by the due date, they may be able to arrange a payment plan with the county treasurer's office.
We recommend contacting the Shawano County Tax Office or a local tax professional for the most up-to-date and accurate information.