How Property Tax Works
Sully County, South Dakota operates on a property tax system that serves as the primary funding mechanism for local government services, including schools, roads, emergency services, and county operations. Property owners in Sully County pay an effective tax rate of approximately 0.50% based on the assessed value of their property, though this rate can vary significantly depending on your specific location within the county due to special taxing districts such as school districts, fire districts, and other local improvement districts.
The county assesses property at its full market value without a statewide assessment cap, meaning your assessed value should reflect the current market value of your property. Property taxes in Sully County are collected annually, with the tax year running from January 1st through December 31st. It's important to understand that your actual tax rate depends on the combination of county levy, school district levy, and any applicable special district assessments that apply to your specific property location.