Q: When are property taxes due in Latah County for FY 2025-2026?
A: First installment is due June 20, 2025, and second installment is due December 20, 2025. A 2% flat penalty applies to late payments starting December 21st.
Q: What homestead tax credit is available and do I need to apply?
A: Idaho's homestead exemption can reduce your taxable assessed value by up to $125,000 for owner-occupied primary residences. You must apply annually by April 15th - this credit is not automatic.
Q: Does the homestead credit reduce my home's market value?
A: No, the homestead exemption reduces your taxable assessed value for property tax purposes only. It also includes a circuit breaker provision that can limit assessment increases for qualifying senior and disabled homeowners.
Q: How often is property reassessed in Latah County?
A: Idaho requires annual assessment updates. The Latah County Assessor reviews all properties yearly and may adjust values based on market conditions, sales data, and property improvements.
Q: How do I appeal my property assessment?
A: File an appeal with the Latah County Board of Equalization by the fourth Monday in June. You must provide evidence supporting your claim that the assessed value is incorrect.
Q: Can I pay property taxes online?
A: Yes, Latah County offers online payment options through their official website. You can pay by electronic check or credit card, though credit card payments may include processing fees.
Q: What happens if I don't pay property taxes on time?
A: A 2% penalty applies immediately after December 20th. Continued non-payment can result in tax deed proceedings, where the county may eventually sell your property to recover unpaid taxes.
Q: Why did my property tax increase when I didn't improve my property?
A: Increases can result from rising property values, new or increased special district levies, school bonds, or changes in tax rates. Your tax rate may also change if you move between different taxing districts within the county.
Q: Are there other property tax credits available besides homestead?
A: Yes, Idaho offers additional credits for disabled veterans, surviving spouses, and certain agricultural properties. Each requires separate application with specific eligibility criteria and deadlines.
Q: How do special taxing districts affect my bill?
A: Your property may be subject to multiple overlapping districts (school, fire, highway, etc.). Each sets its own levy rate, so identical properties in different areas of Latah County can have substantially different tax bills.
