Johnson Countians have roughly a month to begin paying their personal property and real estate taxes, as notices officially began going out this week.
Driving the news: This Wednesday, the Johnson County Treasury, Taxation and Vehicles department began mailing out 211,320 real estate tax statements and 14,859 personal property tax statements to Johnson County taxpayers.
What’s on a property tax statement? Property tax statements tell property owners how much they owe, based on a property’s assessed value — which is determined by factors like a property’s age, location, size and construction material.
- The real estate tax statement has a section comparing the current year and last year’s real estate taxes.
- Statements will have a return payment stub at the bottom, unless the taxes are paid by a mortgage company — in which case the statement will have a notice saying “THIS IS NOT A TAX BILL” on the bottom.
How are property taxes measured?
• One mill is equivalent to $1 for every $1,000 of assessed property value.
• Assessed property values are 11.5% of appraised, or market, values for residential properties. (So, a home appraised at $300,000 has an assessed value of $34,500.)
• So, divide your home’s assessed value by $1,000 and multiply that by a taxing jurisdiction’s mill rate to figure out how much in annual property taxes you will owe that jurisdiction under its proposed rates.
When they’re due: The first half of real estate and personal property taxes are due by Dec. 20.
- Taxpayers have until May 10 to pay the second half.
How to pay your property taxes
- Taxpayers can pay their taxes either online, by mail or in person.
- Taxes can be paid online on taxbill.jocogov.org, and they can be submitted either via eCheck or by credit card.
- Property owners who want to mail a check can send the check and payment stub to PO Box 2902, Shawnee Mission, KS 66201.
- For in-person payments, go to Suite 1200 the Johnson County Administration Building, 111 South Cherry Street,, in Olathe.
- Checks can also be dropped off at the drop box in the hallway by the Cherry Street entrance to the building.
