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Updated 2025 Tax Year

Sheridan County
Property Tax Guide

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

6 Official Sources
8 min read
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Quick Facts
Tax Rate
1.5% to 2.2% of assessed value (varies by taxing districts within county)
Exemptions
5+ Available
Section 1

How Property Tax Works

Sheridan County, Nebraska operates under the state's property tax system to fund essential local services including schools, county government operations, emergency services, and infrastructure maintenance. Property taxes are the primary revenue source for these services, with the county assessor determining property values and the county treasurer collecting payments annually.

The effective property tax rate in Sheridan County typically ranges from approximately 1.5% to 2.2% of assessed value, though this varies significantly by location within the county due to different combinations of special taxing districts. Nebraska assesses real property at 100% of actual market value as determined by the county assessor, with assessments updated periodically. Your actual tax rate depends on which school district, natural resources district, educational service unit, and other special districts serve your specific property location.

Property owners should note that various tax credits are available to reduce tax bills, but these require annual application and are not automatically applied. The assessment and collection process follows Nebraska state guidelines while being administered locally by Sheridan County officials.

Section 2

What Makes Up Your Tax Bill

ComponentApproximate RateDescription
County General0.25-0.35Basic county services, roads, administration
School Districts0.80-1.20K-12 education funding (varies by district)
Community College0.08-0.12Western Nebraska Community College
Natural Resources District0.03-0.05Soil and water conservation
Educational Service Unit0.01-0.02Regional educational support services
Municipal (if applicable)0.15-0.40City services for incorporated areas
Special Districts0.05-0.20Fire districts, hospital districts, etc.

Rates shown are for FY 2024-2025 levy year and represent typical ranges. Actual rates vary by specific location within Sheridan County based on which taxing districts serve your property. Contact the County Assessor at (308) 327-5644 for your exact tax rate breakdown.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Sheridan 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 Sheridan County are additional tax bills issued when property changes ownership or improvements are made after the annual assessment date but before the end of the tax year. This ensures that new owners or those making substantial improvements pay their proportional share of taxes for the current year.

Supplemental taxes are most commonly triggered by property sales, new construction completion, or major renovations that increase assessed value. The supplemental amount is calculated by determining the difference between the old and new assessed values, multiplying by the applicable tax rate, and prorating for the remaining months in the tax year.

For example, if you purchase a home in June that was previously assessed at $200,000 but now appraises at $250,000, you would owe supplemental taxes on the $50,000 difference multiplied by your area's tax rate, prorated for July through December (6 months). At a 2% effective rate, this would equal approximately $500 in supplemental taxes due within 30 days of the bill date.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Exemption Applied: $300,000 (assessment growth limited)
  • Net Taxable Value: $300,000
  • Tax Rate: 1.8%
  • Annual Tax: $5,400
  • Monthly Escrow: $450

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Senior/Disabled Tax Credit Applied: -$1,200 (requires application)
  • Net Tax After Credit: $600,000 × 2.0% - $1,200 = $10,800
  • Monthly Escrow: $900

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • No Credits Applied: $1,000,000
  • Tax Rate: 2.1%
  • Annual Tax: $21,000
  • Monthly Escrow: $1,750

Tax rates vary by location within Sheridan County. Credits shown require annual application and approval. Contact the County Assessor for available credits and application requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Sheridan County require property tax escrow accounts to ensure timely tax payments. Your lender collects monthly escrow payments equal to 1/12 of your estimated annual tax bill, plus a small buffer amount allowed by federal law. These funds are held in a separate account and used to pay your property taxes when due on December 31st each year.

Lenders typically conduct annual escrow analyses to compare actual tax bills with collected amounts. If taxes increase significantly due to reassessment or rate changes, your monthly escrow payment may increase. Conversely, if an escrow surplus develops, you may receive a refund check. You have the right to request escrow account statements and can appeal escrow payment calculations if you believe they're incorrect.

Property owners without mortgages or those who've paid off their loans are responsible for making direct tax payments to the Sheridan County Treasurer by December 31st. The Treasurer's office accepts payments in person, by mail, or online through the county website during business hours from 8:00 AM to 4:15 PM.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Sheridan County? A: Property taxes for FY 2024-2025 are due by December 31st each year. Personal property brought into the county between January 1 and July 1 must be listed for assessment by July 31st.

Q: What tax credits are available and how do I apply? A: Common credits include homestead exemptions for primary residences and senior/disabled credits. Most credits require annual application through the County Assessor's office by specific deadlines. Contact (308) 327-5644 for available credits and application forms.

Q: How does the homestead exemption work? A: The homestead exemption doesn't reduce your home's assessed value but may limit annual assessment increases. You must file an application with the County Assessor, and it's not automatically applied. This caps assessment growth rather than providing a flat value reduction.

Q: How often are properties reassessed? A: Nebraska law requires periodic reassessment to maintain current market values. Sheridan County follows state guidelines for assessment cycles. You'll receive notice before any significant assessment changes and have appeal rights.

Q: What are the penalties for late tax payments? A: Late payments incur interest and penalties as specified by Nebraska state law. Contact the County Treasurer at (308) 327-5644 for current penalty rates and payment options if you're behind on taxes.

Q: Can I pay property taxes online? A: Check with the Sheridan County Treasurer's office for available online payment options. The office is open 8:00 AM to 4:15 PM for in-person payments and inquiries.

Q: Why did my tax bill increase when property values dropped? A: Tax bills depend on both assessed values and tax rates. Even if your property value decreased, tax rates may have increased to fund required services, resulting in a higher overall bill.

Q: How do special district taxes affect my bill? A: Your location determines which school district, fire district, and other special taxing districts serve your property. Each adds to your total tax rate, which is why rates vary significantly across Sheridan County.

Verified Sources

Backed by 6 Official Government Sources

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

01
Personal Propertysheridancounty.ne.gov
02
County
Sheridan County Treasurersheridancounty.ne.gov
03
County
Sheridan County Assessorsheridancounty.ne.gov
04
november-2019-990-index.csvirs.gov
05
Nebraska Legislature - Bill Search Matchesnebraskalegislature.gov
06
ZONING REGULATIONSsheridancounty.ne.gov
All sources verified as of 2025 Tax Year

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