Rate Breakdown

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

How Property Tax Works in Sheridan County

In Sheridan County, property taxes are calculated based on the assessed value of your property and the applicable millage (tax) rates. The process involves:

• Assessment: The Sheridan County Assessor's Office determines the market value of your property as of January 1 each year. Residential properties are assessed at 9.5% of market value, while commercial properties are assessed at 11.5%.
• Mill Levy: Taxing entities (e.g., school districts, municipalities, and the county) set mill levies, which are applied to the assessed value. One mill equals $1 of tax per $1,000 of assessed value.
• Calculation: Multiply your assessed value by the total mill levy to estimate your annual tax bill. For example, a home with a $300,000 market value (assessed at $28,500) and a 70-mill levy would owe approximately $1,995 annually.

Available Exemptions

Wyoming and Sheridan County offer several property tax exemptions to qualifying individuals:

• Homestead Exemption: Provides a reduction in taxable value for primary residences. Applicants must occupy the home as their primary dwelling.
• Senior Citizen Exemption: Available to residents aged 65+ with limited income. This exemption may reduce the taxable value of a primary residence by up to 50%.
• Veteran Exemption: Veterans with a service-connected disability may qualify for a partial or full exemption, depending on disability rating.
• Disability Exemption: Individuals with permanent disabilities may be eligible for reductions similar to the senior exemption.

Applications for exemptions must be filed with the Sheridan County Assessor's Office by the annual deadline, typically April 1.

Payment Schedule & Deadlines

Sheridan County property taxes are due in two installments:

• First Half: Due November 10. If this date falls on a weekend or holiday, the deadline extends to the next business day.
• Second Half: Due May 10 of the following year.

Late payments incur penalties:

• 1% interest per month (or fraction thereof) for late payments.
• Additional fees or tax liens may apply for prolonged delinquency.

Taxpayers may pay online, by mail, or in person at the Sheridan County Treasurer's Office. Partial payments are accepted but must be arranged in advance.

Appealing Your Assessment

If you believe your property's assessed value is inaccurate, you can appeal through the following steps:

• Informal Review: Contact the Sheridan County Assessor's Office to discuss discrepancies. Many issues are resolved at this stage.
• Formal Appeal: File a written appeal with the County Board of Equalization by the deadline (typically 30 days after assessment notices are mailed). Provide supporting evidence, such as recent appraisals or comparable property data.
• State Appeal: If unsatisfied with the county's decision, you may appeal to the Wyoming State Board of Equalization within 30 days.

Deadlines are strict, so act promptly. Consult the Sheridan County Assessor's Office for specific dates and documentation requirements.