Example of Archuleta County Property Tax Calculation
Archuleta County calculates property tax by multiplying the assessed value of a property by the millage rate. For example, if the assessed value of a property is $100,000 and the millage rate is 50 mills, the property tax would be $5,000.
To determine the assessed value of a property, the county assesses the property's value based on market conditions, property characteristics, and tax laws. The millage rate is set by the county and is expressed in mills, which is equal to $0.001.
It is important to note that property tax rates and assessment procedures may vary by state and county. Property owners can typically find their property's assessed value and current millage rate on their property tax statement, or by contacting the county assessor's office.
If you want appeal your property tax assessment - contact your local tax assessor.
Archuleta County Property Tax Rates
Archuleta County Property Tax Rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.0326 |
| Emergency Medical Services | $0.0050 |
| Road and Bridge | $0.0120 |
| Fire Protection | $0.0070 |
| School District | $0.0354 |
| Town of Pagosa Springs | $0.0093 |
| Sanitation District | $0.0030 |
| Total | $0.1043 |
The table above shows the property tax rates for various taxes in Archuleta County. The County General Fund has a rate of $0.0326 per $100 of assessed value, while Emergency Medical Services has a rate of $0.0050 per $100 of assessed value. The Road and Bridge tax has a rate of $0.0120 per $100 of assessed value and Fire Protection has a rate of $0.0070 per $100 of assessed value.
The School District tax has the highest rate at $0.0354 per $100 of assessed value, followed by the Town of Pagosa Springs at $0.0093 per $100 of assessed value. The Sanitation District tax has the lowest rate at $0.0030 per $100 of assessed value.
The total tax rate is $0.1043 per $100 of assessed value. These rates apply to all properties located in Archuleta County.
Who sets property tax rates in Archuleta County ?
The property tax rates in Archuleta County are set by the Board of County Commissioners. This board is composed of three elected officials who have the responsibility to determine the rates based on the county's budgetary needs.
The property tax rates are set annually during the budget process and are typically approved in December of each year. It is important to note that property tax rates can change from year to year based on the county's financial situation and the changing needs of the community.
The tax rates are based on the assessed value of the property and are used to fund various county services such as law enforcement, road maintenance, and public schools. The current property tax rates for Archuleta County can be found on the county's website.
Overall, setting property tax rates is an important function of the county government and plays a crucial role in funding essential community services.
Homestead exemptions in Archuleta County ?
To properly understand the Homestead exemptions and deductions available in Archuleta County, Colorado, one must become familiar with the four related columns: exemption, eligibility, amount, and notes. Below you will find a table that includes all county-specific Homestead exemptions and deductions in Archuleta County.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Senior Citizen Exemption | Age 65 or older | Up to $200,000 of the property's assessed value | Must have lived in the property for at least 10 consecutive years |
| Disabled Veterans Exemption | Veteran with 100% service-related disability | Up to $200,000 of the property's assessed value | Must have lived in the property for at least 10 consecutive years |
| Disabled Person Exemption | Owns and occupies the property | Up to $10,000 of the property's assessed value | Must have a permanent disability that is documented by a licensed physician |
| Agricultural Land Exemption | Owns and uses the property for agricultural purposes | Up to 50% reduction in assessed value | Must meet specific criteria for agricultural use |
| Renewable Energy Devices Exemption | Owns and uses the property with renewable energy devices | Up to 100% exemption | Applies only to the value added by the renewable energy devices |
It is important to note that eligibility requirements and exemption amounts are subject to change. Therefore, it is recommended for individuals to contact the Archuleta County Assessor's Office for the most up-to-date information. By taking advantage of these Homestead exemptions and deductions, Archuleta County residents can potentially save a significant amount on their property tax bills.
When is Archuleta County Property Tax due ?
Archuleta County Property Tax is typically due on April 30th of each year. However, if April 30th falls on a weekend, the deadline is moved to the following business day. It's important to note that failure to pay by the deadline can result in late fees and penalties.
There are several payment methods available for Archuleta County Property Tax. These include:
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Online: Property owners can pay their taxes online using a credit or debit card. To do so, they'll need their account number and PIN, which can be found on their tax statement.
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Mail: Property owners can also mail in their payment using the provided envelope and payment stub. The address to mail the payment to can be found on the tax statement.
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In-person: Property owners can pay their taxes in-person at the Archuleta County Treasurer's Office. The office is located at 449 San Juan Street in Pagosa Springs, Colorado.
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Drop box: Finally, property owners can drop off their payment in the drop box located outside of the Treasurer's Office. This option is available 24/7 for added convenience.
It's important to keep in mind that payment must be made in U.S. dollars and drawn from a U.S. bank. Additionally, property owners should double-check their payment amount and account number before submitting payment to ensure accuracy.
If you have more questions - contact your local tax collector.
How is Archuleta County Property Tax penalty calculated ?
Archuleta County Property Tax Penalty Calculation
When property taxes are not paid by the due date, a penalty fee will be imposed. Archuleta County calculates the penalty fee based on a percentage of the delinquent taxes owed. The penalty fee is calculated as follows:
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For the first month of delinquency, a penalty fee of 10% is added to the total tax amount owed.
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For the second month of delinquency, an additional 5% penalty fee is added to the total tax amount owed, making the total penalty fee 15%.
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For the third month of delinquency, an additional 5% penalty fee is added to the total tax amount owed, making the total penalty fee 20%.
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For each additional month of delinquency after the third month, an additional 1% penalty fee is added to the total tax amount owed.
Let's take an example to understand the penalty calculation better. Suppose a property owner in Archuleta County owes $10,000 in property taxes for the year 2020. The property taxes were due on April 30th, 2020.
If the property owner fails to pay the taxes on time and makes the payment on June 15th, 2020, the penalty fee will be calculated as follows:
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For the first month of delinquency (May), the penalty fee will be 10% of $10,000, which is $1,000.
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For the second month of delinquency (June), an additional 5% penalty fee is added to the total tax amount owed, making the total penalty fee now $1,500 (10% of $10,000 + 5% of $10,000).
Therefore, the property owner will have to pay a total of $11,500 ($10,000 in taxes owed + $1,500 in penalty fee) to clear the delinquent taxes by June 15th, 2020.
It's important to note that the penalty fee continues to increase every month until the taxes are paid in full or until the property is sold in a tax sale. Therefore, property owners in Archuleta County are advised to pay their property taxes on time to avoid unnecessary penalty fees.
We recommend contacting the Archuleta County Tax Office or a local tax professional for the most up-to-date and accurate information.