Example of Wabaunsee County Property Tax Calculation
Wabaunsee County calculates property tax based on the assessed value of the property. The assessed value is determined by the county appraiser based on the property's characteristics, location, and recent sales of comparable properties.
Once the assessed value is determined, the county applies a tax rate to calculate the property tax. The tax rate in Wabaunsee County for 2021 is 1.694%, which means that for every $1,000 of assessed value, the property owner will owe $16.94 in property tax.
For example, let's say a property in Wabaunsee County has an assessed value of $100,000. To calculate the property tax, the county would multiply the assessed value by the tax rate:
$100,000 assessed value x 0.01694 tax rate = $1,694 property tax
The property owner would owe $1,694 in property tax for the year. It's important to note that property tax rates can vary by county and can change from year to year, so it's always a good idea to check with your county's tax assessor's office for the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Wabaunsee County Property Tax Rates
The Wabaunsee County Property Tax rates for the year 2021 are listed below in a formatted table:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $1.963 |
| City of Alma | $1.620 |
| City of Eskridge | $1.620 |
| City of Harveyville | $1.620 |
| City of Maple Hill | $1.620 |
| City of McFarland | $1.620 |
| School District No. 329 | $6.258 |
| School District No. 330 | $8.080 |
It is important to note that these rates are subject to change and may vary depending on the specific property being assessed. As a tax advisor, it is recommended to consult with the appropriate authorities for accurate and up-to-date information.
Who sets property tax rates in Wabaunsee County ?
In Wabaunsee County, property tax rates are set by the County Commission. This typically occurs once a year during budget meetings where the commission decides on tax rates for various types of property. The tax rate is based on the assessed value of the property and is meant to generate revenue for the county to provide essential services and fund public projects. It is important to note that property tax rates can vary from year to year and may be affected by changes in legislation, property values, and community needs.
Homestead exemptions in Wabaunsee County ?
To help residents of Wabaunsee County, Kansas navigate Homestead exemptions and deductions, we have compiled a table with the necessary information. The table contains four columns: exemption, eligibility, amount, and notes.
Here's a list of Homestead exemptions and deductions in Wabaunsee County:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead | Any homeowner | Up to $20,000 | Must occupy the property as a primary residence |
| Senior citizen | Homeowner over 65 years old | Up to $18,000 | Must have lived in the property for at least 10 years |
| Disability | Homeowner with a disability | Up to $10,000 | Must have a verified disability |
| Veterans | Veterans and their dependents | Up to $2,400 | Must have served during a time of war and have an honorable discharge |
| Low income | Homeowner with income below a certain threshold | Up to $700 | Must meet income requirements |
It's important to note that these exemptions and deductions are specific to Wabaunsee County and may vary from other counties in Kansas. Homeowners must apply for these benefits with the County Assessor's Office to receive them.
When is Wabaunsee County Property Tax due ?
Wabaunsee County Property Tax typically due on December 20th of each year. The payment methods available include:
| Payment Method | Description |
|---|---|
| Online | Payments can be made through the Wabaunsee County Treasurer's website using a credit card, debit card, or e-check. |
| Payments can be sent via mail to the Wabaunsee County Treasurer's office with a check or money order. | |
| In-person | Payments can also be made in-person at the Wabaunsee County Treasurer's office with cash, check, or money order. |
It's important to note that failing to pay property tax on time could result in penalties and interest charges. If a payment is not received by December 20th, it will be considered delinquent and a penalty will be added. It's recommended that taxpayers submit payment well before the deadline to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Wabaunsee County Property Tax penalty calculated ?
Wabaunsee County calculates property tax penalties based on the amount of unpaid taxes that are due. The penalty is calculated as a percentage of the unpaid taxes and increases as time goes on.
Here's an example of how the penalty is calculated:
Suppose a property owner in Wabaunsee County has a tax bill of $2,000 for the year. If the owner fails to pay the bill by the due date, a penalty of 1% will be added to the unpaid balance.
If the owner still fails to pay after one month, the penalty will increase to 2%. After two months, it will increase to 3%. This pattern continues until the taxes are paid in full or the penalty reaches a maximum of 10%.
Here's a table summarizing the penalty rates for Wabaunsee County:
| Time Past Due | Penalty Rate |
|---|---|
| 1 month | 1% |
| 2 months | 2% |
| 3 months | 3% |
| 4 months | 4% |
| 5 months | 5% |
| 6 months | 6% |
| 7 months | 7% |
| 8 months | 8% |
| 9 months | 9% |
| 10+ months | 10% |
It's important to note that property owners in Wabaunsee County can avoid penalties by paying their taxes on time. If a property owner is struggling to pay their taxes, they should contact the county treasurer's office to discuss payment options and potential payment plans.
We recommend contacting the Wabaunsee County Tax Office or a local tax professional for the most up-to-date and accurate information.