Aug 5, 2014 - By Eric Blom, Staff WriterFremont County Commissioners have approved property tax rates for the current fiscal year, which began July 1 and lasts through June 30, 2015.
The county is levying 16.96 mills countywide.
For each mill levied, residents pay one one-thousandth of the assessed value of their property --or 9.5 percent of fair market value for residential property and 11.5 percent of fair market value for commercial property.
For example, if the value of a person's residential home is $100,000, the assessed value would be $9,500, and each mill levied would cost that resident $9.50.
The rates are set by state statue, and the Fremont County Assessor's office determines the fair market value of property locally.
What it pays for
The largest piece of the county's levy --8.26 mills --goes to the general fund.
The library system is to receive 2.26 mills. The fair is getting .7 mills, the recreation board gets .32 mills and the museums will receive .47 mills.
The total is 12 mills: the maximum a county can levy for departments that operate under the Commission.
In addition to taxes for the county, mills go to schools, municipalities and special districts.
County special districts levy their own mills. The Fremont County Solid Waste Disposal District is set to receive 3 mills, and Fremont County Weed and Pest is getting 1.6 mills.
Commissioners have little control over mills levied by entities not under their direct supervision.
Central Wyoming College is levying 6.515 mills total countywide: 5 mills for the college's normal operations, .5 mill to pay for its Board of Cooperative Higher Educational Services and 1.02 for a bond.
Along with the countywide college and government mills, all property owners are taxed to pay for the 43 mills that fund local school districts.
A patchwork of overlapping municipalities, cemetery districts, fire districts and conservation districts add taxes to different areas, resulting in higher or lower taxes in different areas of the county. Some taxing districts are also paying off bonds, adding to taxes for area property owners.
The most expensive place to own property is Dubois, where homeowners will see a total of 79.663 mills levied. A $100,000 home in Dubois would require a $756.80 property tax payment.
In addition to the 23.475 countywide mills and 43 mills for the school district, levies in Dubois include .5 mill for a Board of Cooperative Educational Services tax add, 2 mills for adult education, 5 mills for the city, 1 mill for the local recreation district, 1.69 mills for the cemetery district and 3 mills for the fire district.
In contrast, the same home in the cheapest part of the county --outside of Shoshoni but within the Shoshoni cemetery district, where 71.39 mills are levied --would cost $678.21 in property taxes.
In addition to countywide and school taxes, the area outside of Shoshoni includes levies of .55 mill for BOCES, 1 mill for the local recreation district, .365 mills for the cemetery district and 3 mills for the fire district.
The mill-levy rates for every part of the county are laid out in a document available on the website of the Assessor's Office.
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