SC Assessor explains newly passed tax relief

Sheridan County Assessor Paul Fall made an appearance on Sheridan Media’s Public Pulse to discuss the newly passed property tax legislation. 

First was HB0045 – Property tax exemption-residential structures and land. This bill puts a cap on residential valuation, but does come with caveats. 

P. Fall

Veterans received a boost in the amount of exemption. But as in previous years, must meet the deadline to receive either property tax or vehicle registration exemption.  

P. Fall

For residents over the age of 65 who have paid taxes in Wyoming for 25 years, property taxes have been cut in half, but Fall warns that this is only scheduled for the next two years. 

P. Fall

Fall said he hopes lawmakers are discussing a plan to either extend or at least ease the burden once the 50% exemption expires. 

The Property Tax Relief Program also received a boost and has grown in its use over the last four years. 

P. Fall

If Sheridan County residents have questions regarding the recent changes, Fall invites the community to call or visit his office where he and his team will be glad to help. 

Call the Sheridan County Assessor’s Office at 307-674-2535 or stop by, 8 a.m. – 5 p.m. Mon.-Fri. at 224 S Main St. Suite B-4 in Sheridan.