SAVINGS ON PROPERTY TAXES
If you changed your legal residence during this year, purchased a new home, built a new home or simply moved to a different home you own, you must make application for legal residence on the new home for Tax Year as soon as possible. Once an initial application for classification of property as a legal residence is filed, no further application is required to maintain that classification unless the property changes owners or you move your legal residence to another home you own. An application can be obtained on our Forms Page.
AGRICULTURAL USE VALUE
You must meet specific criteria to qualify for either farm use or timber management. If a property qualifies for the agricultural use classification for the first time during this year, an application to receive Agriculture Use Value for the year needs to be made as soon as possible. Even though the filing period for Agricultural use is year round (The Ag Use deadline for each year is January 15th which is the first penalty date for taxes), the applications received later in the year may not be credited to the initial tax bill. Please file as soon as feasible to avoid any delay or inconvenience in processing your application and receiving an accurate initial tax bill. Please remember Ag Use is not an exemption. Once the use changes from Ag Use, rollback taxes of up to five (5) years will apply dependent upon how long the property has carried the Ag Use classification.
If there has been a change in use where the property no longer qualifies for either legal residence or agricultural use value, it is the responsibility of the owner to notify the assessor's office within six (6) months of the change in use. Failure to do so could result in a penalty of 10% of the property owner's tax bill plus interest accrued. A form can be obtained on our Forms Page.
MULTIPLE LOT DISCOUNT
The Requirements for the Multiple Lot Discount are as follows:
SECTION 12 43 225. Multiple lot discounts; eligibility.
(A) For subdivision lots in a plat recorded on or after January 1, 2001, a subdivision lot discount is allowed in the valuation of the platted lots only as provided in subsection (B) of this section, and this discounted value applies for five property tax years or until the lot is sold or a certificate of occupancy is issued for the improvement on the lot, or the improvement is occupied, whichever of them elapses or occurs first. When the discount allowed by this section no longer applies, the lots must be individually valued as provided by law.
(B) To be eligible for a subdivision lot discount, the recorded plat must contain at least ten building lots. The owner shall apply for the discount by means of a written application to the assessor on or before May first of the year for which the discount is initially claimed. After initially qualifying for the discount provided in this section, no further application is required, unless ownership of the property changes. A property owner may make a late application for the discount provided in this section until the thirtieth day following the mailing of the property tax bill for the year in which his discount is claimed provided the application is in writing and accompanied by a one hundred dollar late application penalty, payable to the county treasurer for deposit to the county general fund. The value of each platted building lot is calculated by dividing the total number of platted building lots into the value of the entire parcel as undeveloped real property.
(C) If a lot allowed the discount provided by this section is sold to the holder of a residential homebuilder’s license or general contractor’s license, the licensee shall receive the discount through the first tax year which ends twelve months from the date of sale if the purchaser files a written application for the discount with the county assessor within sixty days of the date of sale.
(D)(1) For lots which received the discount provided in subsection (B) on December 31, 2011, there is granted an additional year of eligibility for that discount in property tax years 2012, 2013, 2014, and 2015, in addition to any remaining period provided for in subsection (B). If ten or more lots receiving the discount under this item are sold to a new owner primarily in the business of real estate development, the new owner may make written application within sixty days of the date of sale to the assessor for the remaining eligibility period under this item.
(2) For lots which received the discount provided in subsection (C) after December 31, 2008, and before January 1, 2012, upon written application to the assessor no later than thirty days after mailing of the property tax bill, there is granted an additional year of eligibility for that discount in property tax years 2012, 2013, 2014, and 2015. If a lot receiving the additional eligibility under this item is transferred to a new owner primarily in the business of residential development or residential construction during its eligibility period, the new owner may apply to the county assessor for the discount allowed by this item for the remaining period of eligibility, which must be allowed if the new owner applied for the discount within thirty days of the mailing of the tax bill and meets the other requirements of this section.
A form can be obtained on our Forms Page.