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Updated 2025 Tax Year

Boone County
Property Tax Guide

Everything you need to know about property taxes in Boone County, NE. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.67% to 1.35% of assessed value (varies by taxing districts)
Exemptions
4+ Available
Section 1

How Property Tax Works

Boone County, Nebraska operates under a property tax system that funds essential local services including schools, county operations, municipalities, and various special districts. Property taxes are the primary source of revenue for these local government functions, with the tax burden distributed among property owners based on assessed valuations.

The effective property tax rate in Boone County varies by location within the county due to different combinations of special taxing districts, but generally ranges around 0.67% to 1.35% of assessed value. For the 2025-2026 fiscal year, the county's base rate is proposed at 0.132810 per $100 of assessed value (approximately 0.13%), though your total tax rate will be higher when combined with school district, municipal, and other special district levies. Nebraska assesses property at 100% of market value, and actual tax rates depend on which school district, municipality, and special districts serve your specific property location.

Section 2

What Makes Up Your Tax Bill

ComponentRate per $100Description
County General0.132810Basic county operations and services
School DistrictVariesLocal school district operations (varies by district)
MunicipalityVariesCity/village services (if applicable)
Natural Resources DistrictVariesSoil and water conservation
Educational Service UnitsVariesRegional educational support
Community CollegeVariesRegional community college support
Total Estimated Range0.67-1.35Combined rate varies by location

Note: These rates apply to the 2025-2026 levy year. The actual total rate for your property depends on which school district, municipality, and special districts serve your location. Contact the Boone County Assessor for your specific district combination and exact rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Boone County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Boone County are triggered by changes in property ownership, new construction, or improvements that increase a property's assessed value after the annual assessment date. These taxes cover the period from when the change occurred until the end of the current tax year.

Supplemental taxes are calculated by applying the current tax rate to the difference between the new assessed value and the previous assessed value, prorated for the remaining months in the tax year. For example, if you purchase a home in October that was previously assessed at $200,000 but now has a market value of $250,000, you would owe supplemental taxes on the $50,000 difference for the remaining months of the tax year. The county ensures accurate and timely submission of supplemental data through Form 521 and regular auditing procedures.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Less: Homestead Credit (if applied): Varies based on assessment increase cap
  • Net Taxable Value: ~$300,000
  • Annual Tax (at 1.0% total rate): $3,000
  • Monthly Escrow: $250

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Less: Homestead Credit (if applied): Varies based on assessment increase cap
  • Net Taxable Value: ~$600,000
  • Annual Tax (at 1.0% total rate): $6,000
  • Monthly Escrow: $500

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Less: Available Tax Credits (if applied): Varies
  • Net Taxable Value: ~$1,000,000
  • Annual Tax (at 1.0% total rate): $10,000
  • Monthly Escrow: $833

Note: Tax credits require separate applications and are not automatic. Actual rates vary by special district combination. Homestead credits limit annual assessment increases rather than reducing market value.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Boone County require property tax escrow accounts, collecting monthly payments along with your mortgage payment to cover annual property taxes. Your lender will typically collect 1/12 of your estimated annual tax bill each month, plus a cushion amount as allowed by federal regulations.

Property taxes in Boone County are due on June 2nd and September 2nd each year. Your lender will receive tax bills and make payments on your behalf from your escrow account. It's important to verify that your lender has the correct mailing address and that payments are made on time to avoid penalties. You should receive an annual escrow analysis statement showing how your escrow funds were used and any adjustments needed for the following year. If you pay taxes directly without escrow, you can make payments to the Boone County Treasurer at 222 S 4th St, Albion, NE 68620-1247.

How HonestCasa Helps
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Boone County for 2024-2025? A: Property taxes are due June 2nd and September 2nd. Personal property returns must be filed by May 1st.

Q: What tax credits are available and do they require applications? A: The Homestead Exemption is available but requires application through the county assessor. Most tax credits are not automatic and must be applied for annually or when circumstances change.

Q: How does the Homestead credit work? A: The Homestead credit limits annual increases in assessed value for qualifying owner-occupied properties, rather than reducing the market value. You must file an application with the county assessor to receive this benefit.

Q: How often are properties reassessed in Boone County? A: Properties are assessed annually, with the county assessor reviewing market values and making adjustments based on current market conditions and property improvements.

Q: What happens if I pay my taxes late? A: Late payments incur penalties and interest. For delinquent taxes, contact the Boone County Clerk at 815-544-3103 for redemption information.

Q: Can I pay my property taxes online? A: Contact the Boone County Treasurer's office at 222 S 4th St, Albion, NE 68620-1247 for current online payment options and accepted payment methods.

Q: How do special district taxes affect my bill? A: Your total tax rate includes levies from your school district, municipality (if applicable), natural resources district, and other special districts serving your area. These vary by location within the county.

Q: How do I appeal my property assessment? A: Contact the Boone County Assessor's office to discuss your assessment. Formal appeals must be filed within specified timeframes and follow Nebraska state procedures for property tax protests.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
County
2025-2026 - state of nebraska county budget form - Boone Countyboonecountyne.gov
02
Tax Doc
2025 Certificate of Taxes Levied Reports (CTL) as of ...revenue.nebraska.gov
03
Comparison 2024 vs. 2025 %Change Property Value, ...revenue.nebraska.gov
04
County
Boone County Treasurer's Office: Welcomeboonecountytreasurer.us
05
Nebraska Personal Property Return and Schedule Due On or ...revenue.nebraska.gov
06
County
Personal Property FAQs – Boone Countyboonecountyne.gov
07
County
County Clerkboonecountyne.gov
08
County
Real Estate Taxes - Boone Countyboonecountyne.gov
09
Homestead Exemption FAQsboonecountyne.gov
10
2019 REPORTS AND OPINIONS OF THE PROPERTY ...terc.nebraska.gov
All sources verified as of 2025 Tax Year

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