Q: When are property taxes due in Bon Homme County for FY 2025-2026?
A: Property taxes are typically due January 15, 2026. For the current tax year, the deadline is January 15, 2026. Check with the County Treasurer's office for any updates or payment options.
Q: What tax credits are available and do they apply automatically?
A: The primary credit is the Homestead Credit for qualifying owner-occupied residences. This credit is NOT automatic and requires an annual application filed with the County Assessor's office. Additional credits may be available for disabled veterans, elderly residents, or agricultural properties, but all require separate applications and documentation.
Q: How does the Homestead Credit work?
A: The Homestead Credit typically limits annual assessment increases rather than reducing your property's market value. For example, it may cap assessment growth at a certain percentage even if market values rise more dramatically. You must apply annually, and the credit only applies to your primary residence where you live on January 1 of the assessment year.
Q: What is the application deadline for tax credits?
A: Most tax credit applications, including Homestead Credits, must be filed by May 1 of the assessment year. Contact the Bon Homme County Assessor's office at (605) 589-4214 for specific deadlines and required documentation.
Q: How often are properties reassessed in Bon Homme County?
A: South Dakota requires counties to reassess all property at least once every five years, though market value updates may occur more frequently. The County Assessor's office conducts ongoing reviews and may adjust individual property values based on sales data, improvements, or physical inspections.
Q: What are the penalties for late property tax payments?
A: Late payments typically incur penalties and interest charges. Payments made after January 15 may be subject to penalties starting at 1.5% per month, with additional interest accruing monthly. Contact the County Treasurer for current penalty rates and payment plan options.
Q: Can I pay my property taxes online?
A: Check with the Bon Homme County Treasurer's office for current online payment options. Many South Dakota counties offer online payment systems, though availability varies. You can contact the treasurer at (605) 589-4214 for current payment methods.
Q: How do special district taxes affect my bill?
A: Special districts like school districts, fire districts, and municipal governments can levy additional taxes beyond the base county rate. Your total tax rate depends on which districts your property falls within. Rural properties may have fire district taxes while avoiding municipal taxes, whereas city properties face municipal levies but may have different school district rates.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the County Board of Equalization by specific deadlines, typically in March or April. You must provide evidence that your property is overvalued compared to similar properties or present documentation of errors in the assessment. Contact the County Assessor's office for appeal forms and deadlines.
Q: Are there property tax relief programs for seniors or low-income residents?
A: South Dakota offers a Property Tax Homestead Exemption program that may defer taxes for qualifying elderly or disabled residents until the property is sold. This program requires application and income qualification. Contact the County Assessor's office to determine eligibility and application procedures.
