Rate Breakdown

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

How Property Tax Works in Jerauld County

In Jerauld County, property taxes are determined by the assessed value of your real estate multiplied by the local mill levy. The process begins with the county assessor, who conducts periodic assessments to determine the "full and true" market value of your property. Once the assessment is finalized, the tax base is established.

The mill levy is the rate of tax per $1,000 of assessed value. This rate is calculated by dividing the total budget requirements of your local taxing jurisdictions—including the county, school districts, and municipalities—by the total taxable valuation of all property within those districts. Because these budgets fluctuate annually, your mill levy may change, directly impacting your final tax obligation.

Available Exemptions

South Dakota law provides several programs to help specific groups of taxpayers reduce their financial burden. Eligibility for these programs is strictly governed by state statutes:

• Homestead Exemption: Designed for elderly and disabled residents, this program may freeze the assessment of your primary residence, preventing tax increases due to rising property values.
• Senior Citizen & Disability Property Tax Relief: Qualifying low-income seniors and individuals with disabilities may receive a partial refund of property taxes paid on their primary residence.
• Disabled Veteran Exemption: Veterans who have a service-connected disability rated as permanent and total may be eligible for a significant reduction or full exemption on property taxes for their primary residence.

To determine your eligibility, please contact the Jerauld County Director of Equalization office to review current income thresholds and documentation requirements.

Payment Schedule & Deadlines

Property taxes in Jerauld County are collected on an annual basis but may be paid in two installments. To avoid interest and penalties, please adhere to the following schedule:

• First Half: Due by April 30th.
• Second Half: Due by October 31st.

If the first half is not paid by the April 30th deadline, the total amount of the tax becomes delinquent. Payments received after the respective deadlines are subject to interest charges as mandated by South Dakota state law. Continued failure to pay may eventually lead to the issuance of a tax certificate and potential tax deed proceedings against the property.

Appealing Your Assessment

If you believe the assessed value of your property is inaccurate, you have the right to appeal. The process follows a specific hierarchy:

1. Informal Review: Contact the Jerauld County Director of Equalization to discuss your assessment and provide evidence, such as recent appraisals or sales data of comparable homes.
2. Local Board of Equalization: If a resolution is not reached, you may file a formal appeal to be heard by the local board in the spring.
3. County Board of Equalization: If you are still unsatisfied, you may appeal to the County Board of Equalization.
4. State Board of Equalization: Final administrative appeals may be directed to the South Dakota Office of Hearing Examiners.

Ensure you file all necessary documentation within the strict statutory timeframes provided by the county to maintain your right to appeal.