Example of Ste. Genevieve County Property Tax Calculation
In Ste. Genevieve County, property tax is calculated based on the assessed value of the property. The assessed value is determined by the county assessor's office and is equal to a percentage of the property's fair market value. For example, if a property's fair market value is $100,000 and the assessed value percentage is 19%, then the assessed value would be $19,000.
Once the assessed value is determined, the property tax rate is applied. The property tax rate is set by the county government and is expressed in terms of mills. One mill equals one-tenth of one percent, or 0.001. For example, if the property tax rate is 100 mills, then the property owner would pay $100 for every $1,000 of assessed value.
To calculate the property tax for a property in Ste. Genevieve County, you would multiply the assessed value by the property tax rate, expressed in mills, and divide by 1,000. For example, if the assessed value is $19,000 and the property tax rate is 100 mills, then the property tax would be calculated as follows:
$19,000 x 100 / 1,000 = $1,900
Therefore, the property owner would owe $1,900 in property taxes for the year. It is important to note that property tax rates and assessed value percentages may vary depending on the location and type of property in Ste. Genevieve County.
If you want appeal your property tax assessment - contact your local tax assessor.
Ste. Genevieve County Property Tax Rates
The Ste. Genevieve County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.5220 |
| Road and Bridge | $0.2780 |
| Law Enforcement | $0.2500 |
| Ambulance | $0.1500 |
| Emergency Management | $0.0100 |
Please note that these rates are subject to change and may vary depending on the location and type of property. It is important to consult with a qualified tax professional for personalized tax advice.
Who sets property tax rates in Ste. Genevieve County ?
In Ste. Genevieve County, property tax rates are set by the County Commission. This three-person board is elected by citizens of the county and serves as the legislative branch of the county government. They have the authority to levy taxes, including property taxes, to fund county services and operations.
The property tax rates in Ste. Genevieve County are set on an annual basis, typically in the fall of each year. Property owners receive a tax bill in December, and payment is due in January of the following year.
It's important to note that property taxes in Ste. Genevieve County are based on the assessed value of the property. The County Assessor is responsible for determining the value of each property in the county, and this value is used to calculate the amount of property tax owed.
Overall, property tax rates in Ste. Genevieve County are an important source of revenue for the county government, helping to fund essential services like law enforcement, public schools, and road maintenance.
Homestead exemptions in Ste. Genevieve County ?
Below is a table that includes all county specific Homestead exemptions and deductions in Ste. Genevieve County in Missouri:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Owners of residential property | Up to $5,000 | Must be used as primary residence |
| Senior Citizen's Homestead Exemption | Owners 65 years or older | Up to $10,000 | Must be used as primary residence |
| Disabled Person's Homestead Exemption | Owners with a disability | Up to $10,000 | Must be used as primary residence |
| Veterans' Homestead Exemption | Veterans with a service-connected disability | Up to $5,000 | Must be used as primary residence |
| Homestead Preservation Credit | Owners with low to moderate income | Up to $1,000 | Must meet income and property value requirements |
It's important to note that eligibility requirements and maximum amounts for these exemptions and deductions may change from year to year. Taxpayers are encouraged to contact the Ste. Genevieve County Assessor's office for more information about these Homestead exemptions and deductions.
When is Ste. Genevieve County Property Tax due ?
Ste. Genevieve County Property Tax is typically due on December 31st of each year. The payment methods available for property tax payments in the county are:
| Payment Method | Description |
|---|---|
| In person | Payments can be made in person at the Ste. Genevieve County Collector's office located at 55 S. 3rd Street, Ste. Genevieve, MO 63670. Accepted payment methods include cash, check, and money order. |
| By mail | Payments can be mailed to the Ste. Genevieve County Collector's office at P.O. Box 366, Ste. Genevieve, MO 63670. Accepted payment methods include check and money order. |
| Online | Payments can be made online through the Ste. Genevieve County Collector's website using a credit or debit card. A convenience fee is charged for online payments. |
It is important to keep in mind that failure to pay property taxes on time can result in penalties and interest charges. Therefore, it is recommended to pay property taxes by the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Ste. Genevieve County Property Tax penalty calculated ?
Ste. Genevieve County property tax penalty is calculated based on the amount of unpaid taxes and the number of days past the due date. The penalty is added to the total amount of taxes owed and increases the longer the taxes remain unpaid.
Here is an example to illustrate how the penalty is calculated:
| Scenario | Value |
|---|---|
| Total amount of property taxes owed | $1,000 |
| Due date | December 31 |
| Date of payment | February 15 |
| Number of days past due date | 46 |
| Penalty rate | 1.5% per month |
To calculate the penalty, first determine the number of months the taxes are past due. In this example, the taxes are 1.5 months past due because 46 days is equivalent to 1.53 months.
Next, calculate the penalty by multiplying the total amount of taxes owed by the penalty rate and the number of months past due. The formula is:
Penalty = Total amount of taxes owed x Penalty rate x Number of months past due
Using the example above, the penalty calculation is:
Penalty = $1,000 x 1.5% x 1.53 = $22.95
Therefore, the total amount owed including the penalty is:
Total amount owed = Total amount of taxes owed + Penalty = $1,000 + $22.95 = $1,022.95
In summary, the Ste. Genevieve County property tax penalty is calculated based on the amount of unpaid taxes and the number of months past the due date. The penalty rate is 1.5% per month and increases the longer the taxes remain unpaid.
We recommend contacting the Ste. Genevieve County Tax Office or a local tax professional for the most up-to-date and accurate information.