Q: When are property taxes due in Cottonwood County?
A: Real estate taxes are due May 15th and October 15th each year. Agricultural properties have their second half payment due November 15th instead of October 15th. Manufactured home taxes are due August 31st and November 15th.
Q: What homestead tax credits are available and how do I apply?
A: Minnesota offers homestead tax credits that cap assessment increases and provide preferential tax rates for owner-occupied properties. You must apply annually with the county assessor by December 15th. The homestead credit doesn't reduce your property's market value but limits how much your taxable value can increase year-over-year and provides lower tax rates on the first tiers of value.
Q: Are there other tax credits I should know about?
A: Yes, credits may be available for seniors, disabled veterans, agricultural property, and low-income households. All credits require separate applications with specific deadlines and eligibility requirements. Contact the County Assessor at (507) 831-1905 to determine which credits you may qualify for and obtain application forms.
Q: How often is my property reassessed?
A: Minnesota requires annual property assessments. The County Assessor reviews all properties yearly, with physical inspections typically occurring on a rotating cycle. Assessment notices are mailed in spring, with appeal deadlines in late spring/early summer.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest charges. Penalties begin accruing immediately after the due date. Continued non-payment can eventually lead to tax forfeiture proceedings where the county can take title to your property.
Q: Can I pay my property taxes online?
A: Contact the Cottonwood County Treasurer at (507) 831-1342 or email jan.h.johnson@co.cottonwood.mn.us for current online payment options and accepted payment methods.
Q: Why did my property taxes increase if my home's value didn't change?
A: Property taxes can increase due to higher tax rates (levies) even with stable property values. The county, school districts, cities, and special districts set their budgets independently, and a 6.0% levy increase was implemented for 2025.
Q: How do special taxing districts affect my property tax bill?
A: Your property may be located within multiple special districts for services like watersheds, libraries, or economic development. Each district adds its own tax rate to your bill. Contact the County Auditor at (507) 831-1905 to identify which districts apply to your property.
Q: What if I disagree with my property assessment?
A: You have the right to appeal your assessment. Appeal procedures and deadlines are included with your assessment notice, typically due in late spring. Contact the County Assessor's office for appeal forms and procedures.
Q: How are agricultural properties taxed differently?
A: Agricultural properties receive preferential tax rates and have different payment due dates (second half due November 15th instead of October 15th). Family farm operations may qualify for additional credits if they meet specific location and ownership requirements relative to the owner's homestead property.
