Introduction
Sedgwick County is one of the most populous counties in the United States. With an estimated population of 611,140 as of 2019, the county seat of Wichita is the largest city in the county. Property tax is an important source of revenue for the county and the state of Kansas. In this article, we will discuss everything you need to know about Sedgwick County property tax in 2023.
What is Property Tax?
Property tax is a tax imposed on real estate by the government. It is based on the value of the property, which is determined by county assessors. The amount of the tax is determined by the local government, which may vary from county to county. In Sedgwick County, property taxes are used to fund local services such as schools, libraries, fire departments, and police departments.
How is Property Tax Calculated?
Property tax is calculated by multiplying the assessed value of the property by the mill levy. The assessed value is determined by the county assessor and is based on the market value of the property. The mill levy is set by the local government and is based on the budget for the county. For example, if the mill levy is 0.5%, then the property tax would be 0.5% of the assessed value.
What is the Property Tax Rate in Sedgwick County?
In Sedgwick County, the property tax rate is set at 11.200 mills, or 1.12% of the assessed value. This is the average rate for the county, but it may vary depending on the city or township that the property is located in. Property owners may also be eligible for deductions or exemptions based on their income or other factors.
What are the Property Tax Deadlines in Sedgwick County?
The deadline for property tax payments in Sedgwick County is April 15th of each year. Payments made after the deadline will incur a late fee and may be subject to additional penalties. Property owners may also be eligible for payment plans if they are unable to pay the full amount due by the deadline.
What are the Exemptions and Deductions for Property Tax in Sedgwick County?
Property owners in Sedgwick County may be eligible for certain exemptions or deductions. These include homestead exemptions, veteran exemptions, senior citizen exemptions, and disability exemptions. Additionally, property owners may be eligible for deductions such as mortgage interest deductions, charitable contributions, and energy efficiency improvements.
How Can I Pay My Property Tax in Sedgwick County?
Property owners in Sedgwick County have several options for paying their property tax. They can pay online, by mail, or in person at the county treasurer’s office. If the property owner has a mortgage, the payments may be made through the mortgage company. Additionally, some counties may offer payment plans for those who are unable to pay the full amount.
Conclusion
Sedgwick County property tax is an important source of revenue for the county and state of Kansas. Property owners should be aware of the property tax rate, deadlines, exemptions, and deductions that may be available to them. Additionally, there are several options for paying property tax, including online, by mail, and in person. For more information, contact the Sedgwick County Treasurer’s Office.
