Q: When are property taxes due in Valley County?
A: Property taxes for fiscal year 2025-2026 are due in two installments: December 20, 2025 (first half) and June 20, 2026 (second half). Personal property tax declarations for businesses are due March 15th.
Q: What is the Homeowner's Exemption and how do I apply?
A: The Homeowner's Exemption is a tax credit that reduces the taxable value of your primary residence and up to one acre of land by up to $125,000. This credit requires annual application through the Valley County Assessor's office and is not automatic. Applications and details are available on the county assessor's website.
Q: Does Idaho have a homestead credit that limits assessment increases?
A: Idaho does not have a statewide homestead credit that caps annual assessment increases like some other states. However, the Homeowner's Exemption provides significant tax relief by reducing your taxable assessed value. You must apply for this exemption annually.
Q: When are properties reassessed in Valley County?
A: Idaho law requires annual assessment of all properties. Assessment notices are typically mailed in the spring, with values reflecting market conditions as of January 1st of the assessment year.
Q: How do I appeal my property assessment?
A: You can appeal your assessment by filing an appeal with the Valley County Board of Equalization. Appeals must be filed by the fourth Monday in June following the assessment notice. Contact the Valley County Assessor's office for specific appeal procedures and forms.
Q: What are the penalties for late property tax payments?
A: Late payments are subject to penalties and interest charges. Contact the Valley County Treasurer's office for current penalty rates and payment options to avoid additional fees.
Q: Can I pay my property taxes online?
A: Yes, Valley County typically offers online payment options through the County Treasurer's website. Check the official Valley County website for current online payment portals and accepted payment methods.
Q: Why did my tax bill increase even though the tax rate didn't change?
A: Tax bills can increase due to rising property values, new special district assessments, or the expiration of tax credits. Special taxing districts within Valley County may also approve additional levies for specific projects or services, which would increase your total tax rate.
Q: What other tax credits or exemptions are available in Valley County?
A: Valley County may offer additional exemptions for seniors, disabled veterans, disabled persons, and certain agricultural or timber properties. All exemptions and credits require application through the appropriate county office. Contact the Valley County Assessor for a complete list of available programs and application requirements.
Q: How do special districts affect my property taxes?
A: Your property tax rate depends on which special taxing districts serve your location, such as school districts, fire districts, and cemetery districts. Properties in different areas of Valley County may have different combinations of these districts, resulting in varying total tax rates even for properties with similar assessed values.
