Q: When are property taxes due in Boone County for FY 2025-2026?
A: The first half is due September 30, 2025, and the second half is due March 31, 2026. Penalties begin the day after each due date.
Q: What tax credits are available and do they require application?
A: The primary credit is the Homestead Tax Credit ($6,000 exemption), which requires an initial application filed with the Boone County Assessor by July 1st of the year first claimed. Additional credits may be available for seniors, veterans, or disabled persons - all require separate applications.
Q: How does the Homestead Credit work?
A: The Homestead Credit provides a $6,000 reduction in assessed value and helps limit annual assessment increases. It does NOT reduce your property's market value but caps how much your assessment can increase each year. You must apply initially, but it typically renews automatically if you continue to qualify.
Q: When are properties assessed and how can I appeal?
A: Properties are assessed annually as of January 1st. Assessment notices are typically mailed in April. You have until May 1st to file an appeal with the Board of Review if you believe your assessment is incorrect.
Q: What are the penalties for late payment?
A: Penalties begin at 1.5% per month on overdue amounts, starting October 1st for first half payments and April 1st for second half payments.
Q: Can I pay my property taxes online?
A: Yes, Boone County offers online payment options through the Treasurer's website. Check with the Boone County Treasurer's office for current payment methods and any associated fees.
Q: Why did my tax bill increase even though the tax rate didn't change?
A: Tax bills can increase due to rising property assessments, new special district levies, or bond measures. Even with stable tax rates, increased property values result in higher tax bills.
Q: What happens if my property is in multiple taxing districts?
A: Your tax bill will include levies from all applicable taxing authorities serving your property location, including county, school district, city (if applicable), township, and any special districts like fire or library districts.
Q: How do I apply for tax credits or exemptions?
A: Contact the Boone County Assessor's office for applications and specific deadlines. Most credits require annual application by July 1st, and documentation of eligibility is typically required.
Q: What if I disagree with a supplemental tax bill?
A: You can appeal supplemental assessments through the same process as regular assessments. Contact the Boone County Assessor's office within the appeal period to discuss your concerns and the appeals process.
