Example of Wasatch County Property Tax Calculation
Wasatch County Property Tax is calculated based on the value of the property and the tax rate determined by the county. The value of the property is determined by the county assessor's office and is based on the market value of the property. The tax rate is set by the county commissioners and is typically expressed in mills, which are equivalent to $1 of tax per $1,000 of assessed value. To calculate the property tax, you would multiply the assessed value of the property by the tax rate in mills, and then divide by 1,000. For example, if the assessed value of a property is $200,000 and the tax rate is 100 mills, the property tax would be $20,000 ($200,000 x 100 mills / 1,000). It is important to note that property taxes are used to fund local government services, such as schools, police and fire departments, and road maintenance.
If you want appeal your property tax assessment - contact your local tax assessor.
Wasatch County Property Tax Rates
The table below shows the Wasatch County Property Tax rates as of 2021. The rates are based on the assessed value of the property and are expressed as a rate per $100 of assessed value.
| Tax Type | Rate per $100 of Assessed Value |
|---|---|
| General Property Tax | $0.00854 |
| Municipal Bond | $0.00005 |
| School District | $0.00526 |
| Municipal General | $0.00071 |
It's important to note that these rates may vary based on the specific location and type of property. If you have questions or concerns about your property tax rates, it's recommended that you consult with a licensed tax advisor.
Who sets property tax rates in Wasatch County ?
Who sets property tax rates in Wasatch County?
Property tax rates in Wasatch County are set by the Wasatch County Council.
When are property tax rates set in Wasatch County?
The property tax rates for Wasatch County are set annually in August by the Wasatch County Council during their budget process.
It is important to note that property tax rates may vary between different areas within the county, as different entities may levy their own taxes on top of the county taxes. These entities may include school districts, special service districts, and municipalities.
Property owners in Wasatch County can appeal their property valuations or tax rates if they believe they are incorrect. Appeals must be made by September 15th following the year in which the taxes were assessed.
When is Wasatch County Property Tax due ?
When is Wasatch County Property Tax typically due?
The property tax in Wasatch County is typically due on November 30th of each year. This due date applies to both residential and commercial properties.
Payment Methods
There are several ways to pay your Wasatch County property tax:
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Online Payment: You can make a payment online using a credit card or electronic check through the Wasatch County Treasurer's website.
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In-Person Payment: You can make a payment in person at the Wasatch County Treasurer's office located at 25 North Main Street, Heber City, Utah.
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Mail Payment: You can mail your payment to the Wasatch County Treasurer's office at P.O. Box 970, Heber City, UT 84032.
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Drop Box Payment: You can drop your payment off at the Wasatch County Treasurer's drop box located at the county courthouse.
Please note that payments must be received by the due date to avoid late fees and penalties. If you have any questions or concerns about your property tax payment, you can contact the Wasatch County Treasurer's office at (435) 657-3220.
If you have more questions - contact your local tax collector.
Homestead exemptions in Wasatch County ?
To help homeowners understand the various Homestead exemptions and deductions available in Wasatch County, Utah, the following table lists each exemption and provides important details on eligibility, amount, and any notes to keep in mind.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Primary Residence Exemption | Must be the homeowner's primary residence | Up to 45% reduction in property tax | Applied automatically |
| Blind Exemption | Must be legally blind | $1,320 reduction in taxable value of the property | Must provide a physician's certification |
| Disabled Veteran Exemption | Must be a qualifying veteran with a service-related disability | $288,000 reduction in taxable value of the property | Applies to primary residence only |
| Circuit Breaker Exemption | Must be 66 years or older or have a disability | Up to $670 reduction in property tax | Must meet income requirements and file an application |
| Military Service Exemption | Must be a veteran or active-duty military member | Up to $4,000 reduction in taxable value of the property | Applies to primary residence only |
It's important to note that these exemptions and deductions are specific to Wasatch County and may not apply in other areas. Homeowners should consult with their local taxing authorities to ensure they are taking full advantage of all available exemptions and deductions.
By understanding the Homestead exemptions and deductions available in Wasatch County, homeowners can potentially save money on their property taxes and improve their financial situation.
How is Wasatch County Property Tax penalty calculated ?
To calculate the penalty for Wasatch County property tax, follow these steps:
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Identify the delinquent tax amount: This is the amount of property tax that was due but not paid by the deadline.
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Determine the penalty rate: The penalty rate for delinquent property tax in Wasatch County is 1% per month, with a maximum penalty of 6%.
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Calculate the penalty amount: Multiply the delinquent tax amount by the penalty rate to determine the monthly penalty. For example, if the delinquent tax amount is $1,000 and the penalty rate is 1% per month, the monthly penalty would be $10.
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Determine the total penalty: Multiply the monthly penalty by the number of months the tax is delinquent, up to a maximum of 6%. For example, if the delinquent tax has been unpaid for 4 months, the total penalty would be $40 (4 x $10).
Here's an example:
Suppose a property owner failed to make a $2,000 property tax payment by the deadline. They are now 3 months delinquent.
- Delinquent tax amount: $2,000
- Penalty rate: 1% per month, up to a maximum of 6%
- Monthly penalty: $20 ($2,000 x 1% = $20)
- Total penalty: $60 (3 months x $20 per month = $60)
Therefore, the property owner would owe $2,060 ($2,000 delinquent tax + $60 penalty) to bring their property tax payments current.
We recommend contacting the Wasatch County Tax Office or a local tax professional for the most up-to-date and accurate information.