Q: When are property taxes due in Teton County for FY 2025-2026?
A: First half taxes are due December 20, 2025, and second half taxes are due June 20, 2026. Full payment by November 10, 2025 avoids delinquency penalties.
Q: What tax credits are available and do I need to apply?
A: The primary credit is the Homestead Exemption (up to $125,000 assessed value reduction) which REQUIRES annual application. Veterans may qualify for additional credits that also require application. Contact the County Assessor's office for specific eligibility requirements and application forms.
Q: How does the Homestead credit work?
A: The Homestead credit limits assessment increases on your primary residence rather than reducing market value. You must apply annually, and it's not automatic. This credit can significantly reduce your taxable assessed value, especially as property values increase over time.
Q: When does the county assess properties?
A: Teton County reassesses all properties annually with values effective January 1st. Assessment notices are typically mailed in April, with appeal deadlines in June. Properties are inspected on rotating cycles unless significant improvements trigger a special assessment.
Q: What are the penalties for late payment?
A: Late payments incur penalties and interest charges. First half payments become delinquent after December 20th, and second half after June 20th. Properties can face tax deed procedures if taxes remain unpaid for extended periods.
Q: Can I pay property taxes online?
A: Yes, Teton County offers online payment options through their official website. You can pay by electronic check or credit card, though credit card payments may incur processing fees.
Q: Why do special district taxes vary across the county?
A: Different areas of Teton County are served by different combinations of fire districts, cemetery districts, highway districts, and other special service districts. Your specific location determines which districts serve your property and thus which additional levies apply to your tax bill.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Teton County Board of Equalization by the fourth Monday in June. You'll need evidence supporting your claim that the assessed value exceeds market value, such as recent comparable sales or professional appraisals.
