Washburn County property tax

Example of Washburn County Property Tax Calculation

A calculation for Washburn County Property Tax can be easily calculated by understanding the current tax rate and the assessed value of the property. The tax rate is set by the county and is a percentage of the assessed value.

For example, if the assessed value of a property in Washburn County is $100,000 and the tax rate is 2%, the property tax would be $2,000. This calculation is simply multiplying the assessed value by the tax rate (100,000 x 0.02 = 2,000).

It is important to note that the assessed value may change each year based on a number of factors, such as improvements made to the property or changes in the market value. It is also important to check the property tax due dates and any exemptions or credits that may be applicable to ensure an accurate calculation.

If you want appeal your property tax assessment - contact your local tax assessor.

Washburn County Property Tax Rates

Here is a table displaying the Washburn County Property Tax rates:

Please note that the tax rates listed are subject to change and may vary based on the specific property being assessed. It is recommended that individuals consult with a qualified tax professional for more information on their specific tax situation.

Who sets property tax rates in Washburn County ?

Who Sets Property Tax Rates in Washburn County?

Property tax rates in Washburn County are set by the local government authorities. The Washburn County Board of Supervisors is responsible for setting the property tax rate each year through the budget process. The county’s budget is typically prepared in the fall and approved by the board in November.

Once the budget is approved, the county clerk calculates the property tax rate based on the total assessed value of all properties in the county. This rate is then applied to each property owner’s taxable value, which is determined by the county assessor.

The property tax rate in Washburn County is used to fund essential services like education, public safety, and infrastructure maintenance. Property owners receive a tax bill each year based on the assessed value of their property and the current tax rate.

Overall, the property tax rate in Washburn County is influenced by a variety of factors, including government spending priorities, changes in property values, and shifts in the local economy. Property owners who have questions about their tax bill or the tax rate in their area can contact their local government officials for more information.

Homestead exemptions in Washburn County ?

In Washburn County, Wisconsin, there are various Homestead exemptions and deductions available for eligible residents. Here is a breakdown of the county-specific exemptions and deductions, along with relevant information:

Homestead Exemptions and Deductions in Washburn County, Wisconsin

Exemptions

1. General School Tax Exemption

• Eligibility: Must be a Wisconsin resident for at least 10 years and own and live in the home as their primary residence
• Amount: Up to $1,000

2. Veterans Exemption

• Eligibility: Must have served in the military and been honorably discharged, and own and live in the home as their primary residence
• Amount: Up to $12,000

3. Disabled Veterans Exemption

• Eligibility: Must have a service-connected disability rating of at least 70%, and own and live in the home as their primary residence
• Amount: Up to $50,000

4. First Dollar Credit

• Eligibility: Must have owned and lived in the home as their primary residence on January 1st of the current year
• Amount: Up to $1,000

Deductions

1. School Levy Tax Credit

• Eligibility: Must have owned and lived in the home as their primary residence on January 1st of the current year, and have a household income of $24,680 or less
• Amount: Up to $1,500

2. Lottery and Gaming Credit

• Eligibility: Must have owned and lived in the home as their primary residence on January 1st of the current year, and have a household income of $24,680 or less
• Amount: Varies depending on the amount of lottery and gaming taxes paid

Residents of Washburn County, Wisconsin who believe they may be eligible for one or more of these exemptions or deductions should contact the county assessor's office for more information and to apply.

When is Washburn County Property Tax due ?

Washburn County Property Tax Due Date and Payment Methods

If you own a property in Washburn County, Wisconsin, you are required to pay property taxes. The payment deadline is typically January 31st of each year. However, in some years, the deadline may be extended until February 6th, depending on the weekend.

There are several payment methods available to property owners in Washburn County:

1. In person: You can pay your property tax bill in person by visiting the Washburn County Treasurer's Office located at 10 4th Ave, Shell Lake, WI 54871. They accept cash, check, or money order.

2. By mail: Another option is to mail your payment to the Washburn County Treasurer's Office. Make sure to include your payment stub and check or money order payable to the "Washburn County Treasurer."

3. Online: You can also pay your property tax bill online using a credit card, debit card, or e-check. Visit the Washburn County website and select the "Property Tax Payment" option.

4. Automatic withdrawal: Property owners can sign up for automatic withdrawal from their bank account. The payment will be deducted from the bank account on the payment due date.

It is important to note that failure to pay property taxes by the due date may result in penalties and interest charges. Therefore, it is recommended that property owners make their payment by the due date.

In conclusion, property taxes in Washburn County, Wisconsin, are typically due on January 31st, with some years extending the deadline until February 6th. Property owners have multiple payment options available to make their payment, including in person, by mail, online, and automatic withdrawal.

If you have more questions - contact your local tax collector.

How is Washburn County Property Tax penalty calculated ?

Washburn County calculates property tax penalties based on the amount owed and the number of days past due. The penalties are as follows:

• Initial Penalty: A penalty of 0.5% of the unpaid tax amount is charged on February 1st for taxes that were due January 31st.

• Monthly Penalty: An additional penalty of 1% of the unpaid tax amount is added on the first day of each month that the tax remains unpaid.

Here's an example:

Let's say John owns a property in Washburn County and his total property tax bill for the year is $3,000. The taxes were due on January 31st, but John forgot to pay them until May 31st. Here's how the penalties would be calculated:

• Initial Penalty: $15 (0.5% of $3,000)
• Monthly Penalty (February-May): $120 (4 months x 1% x $3,000)
• Total Penalty: $135

So in addition to the original $3,000 tax bill, John would have to pay an additional $135 in penalties for a total of $3,135. It's important to note that these penalties will continue to accrue until the tax bill is paid in full.

We recommend contacting the Washburn County Tax Office or a local tax professional for the most up-to-date and accurate information.

Washburn County tax offices:

• Washburn County tax assessor
• Washburn County tax collector
• Washburn County tax commissioner
• Washburn County tax appraiser
• Washburn County tag office