Q: When are property taxes due in Nance County for the 2025 tax year?
A: Personal property taxes are typically due April 15th, while real estate taxes follow Nebraska's standard schedule. Check with the County Treasurer for specific due dates and payment options.
Q: What tax credits are available and how do I apply?
A: The primary tax credit is the Homestead Exemption, which can reduce your taxable value by up to $40,000 for owner-occupied residences. This credit requires a separate application filed with the County Assessor and is NOT automatic. Additional credits may be available for disabled veterans or elderly residents with income limitations.
Q: How does the Homestead Exemption work?
A: The Homestead Exemption is a tax credit that reduces your property's taxable value, not its market value. It also caps annual assessment increases to help provide tax stability. You must apply for this credit - it's not automatically applied. Applications are typically due by June 30th for the following tax year.
Q: How often are properties reassessed in Nance County?
A: Properties are generally reassessed every 4-6 years on a rotating schedule, though the County Assessor may reassess sooner if significant improvements are made or market conditions warrant adjustment.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest charges according to Nebraska state law. Interest typically accrues monthly on unpaid balances, and properties can eventually face tax lien proceedings if taxes remain unpaid.
Q: Can I pay property taxes online?
A: Online payment options may be available through the Nance County Treasurer's office. Check the county website or contact the treasurer's office directly for current payment methods and any associated convenience fees.
Q: How do special districts affect my tax rate?
A: Your total property tax rate includes levies from all taxing districts that serve your property, such as school districts, fire districts, and natural resources districts. Rural properties often have different district combinations than city properties, resulting in varying tax rates within the county.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Nance County Board of Equalization, typically by July 25th following the assessment notice. You'll need to provide evidence supporting your claim that the assessed value is incorrect, such as recent appraisals or comparable sales data.
