Q: When are property taxes due in Winnebago County for FY 2024-2025?
A: The first half is due September 1, 2024, and the second half is due March 1, 2025. Taxes become delinquent one month after each due date (October 1 and April 1 respectively).
Q: What is the Homestead Tax Credit and how do I apply?
A: The Homestead Tax Credit is available to property owners who occupy their home as their primary residence. It limits annual assessment increases and provides tax bill reduction. You must file an application with the County Assessor - it is not automatic and must be renewed periodically.
Q: Are there tax credits for senior citizens?
A: Yes, property owners 65 years or older on January 1 may qualify for additional tax credits. New applications must be filed with the County Assessor, and income restrictions may apply.
Q: How often are properties reassessed in Winnebago County?
A: Iowa law requires properties to be assessed annually, though not all properties receive physical inspections each year. The County Assessor reviews market trends and adjusts assessments accordingly.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest charges. First half taxes become delinquent after October 1, and second half after April 1, with additional penalties accruing monthly.
Q: Can I pay my property taxes online?
A: Contact the Winnebago County Treasurer at 641-585-4430 or email treasurer@winnebagocountyiowa.gov for current online payment options and procedures.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the County Board of Review during the specified appeal period, typically in April-May. Contact the County Assessor's office for specific deadlines and procedures.
Q: Why did my tax bill increase even though tax rates went down?
A: Even when overall county taxes decrease, individual bills may increase due to rising property values, changes in special district rates, or loss of tax credits that require annual application renewal.
Q: Do all tax credits and exemptions apply automatically?
A: No, most tax credits require annual application with the County Assessor. These are not automatically applied and failure to file can result in loss of credits, significantly increasing your tax bill.
Q: How do special taxing districts affect my tax rate?
A: Your total tax rate includes levies from multiple entities - county, school district, city (if applicable), and special districts. Rates vary significantly based on your exact location within Winnebago County.