Rate Breakdown

Property taxes in Daviess County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Daviess County

Property taxes are a significant source of revenue for Daviess County and its municipalities. Understanding how they work is essential to understanding your property tax bill. **Assessment Process:** Your property's value is assessed by the Daviess County assessor's office. These assessments typically use three main factors: the age, condition, size, location, and recent sales data of comparable properties in the area. The official assessment for each property is a vital piece of information that helps determine your tax rate. **Millage Rates:** The assessed value of your property is multiplied by the millage rate set by Daviess County's elected officials. Millage rates are expressed as a number per $100 of assessed value. Essentially, this means each dollar on the property's assessed value will be taxed according to the chosen rate (for example, 1 mill = $1 in taxes for every $100 of your property's assessed value). The millage rates are applied across various taxing districts (schools, city, county) to generate funding for public services.

Available Exemptions

Indiana offers several exemptions that can reduce the amount of property tax you pay. These exemptions vary based on the individual and their situation. * **Homestead Exemption:** This exemption reduces your taxable assessed value if you own and occupy a primary residence within Daviess County. *

• Typically allows for an exemption on up to $5,000 of your home's assessed value.

* **Senior Citizen Exemption:** This is an additional exemption for individuals aged 65 and older who meet specific requirements. *

• Provides a reduction in your taxable assessed value for eligible senior citizens.

* **Disability Exemption:** A disability exemption provides an opportunity to reduce the amount of property taxes you pay based on income restrictions. This exemption is granted for qualifying disabled individuals with permanent physical disabilities or severe mental impairments, as defined by Indiana law. *

• Offers a reduction in your taxable assessed value to lessen tax burden.

* **Veteran Exemption:** A veteran's property tax exemption is a benefit for eligible veterans who served in the U.S. Armed Forces, including those with Purple Hearts and other relevant designations. *

• Provides reduction in your taxable assessed value.

It’s important to note that each of these exemptions may have specific requirements and application processes. Consult the Daviess County Assessor's Office or Indiana State Tax Department for detailed information on eligibility criteria and filing procedures.

Payment Schedule & Deadlines

Understanding your property tax payment schedule and deadlines is crucial for avoiding penalties and potential disruptions. Generally, property taxes are due in two installments: * The first payment is typically due by the end of April. * The second payment is usually due by the end of September. However, it's recommended to verify with Daviess County Treasurer Office for specific deadlines, as they may vary. **Installment Options:** You can pay your property taxes in installments. You’ll have the option to choose a monthly payment plan that works best for you; however, you must contact the Daviess County Treasurer's office to confirm the exact process and available options. * **Late Payment Consequences:** Failure to make timely payments may result in late fees and penalties, which increase your final tax bill. To avoid these consequences, it's advisable to set up automatic payments or remember the deadlines for payment.

Appealing Your Assessment

You can appeal your property assessment if you believe the value is incorrect or unfair. The Daviess County Assessor’s Office handles appeals. * You may file an appeal with the Daviess County Board of Appeals, following specific procedures and timelines provided by the county's office. It's crucial to understand that these processes can vary slightly, and it is advisable to contact the Daviess County Assessor’s Office for information on filing appeals.