Example of Bertie County Property Tax Calculation
In Bertie County, the property tax calculation involves multiplying the tax rate by the assessed value of the property. For example, if the tax rate is 0.75% and the assessed value of a property is $100,000, the property tax would be $750.
To calculate the assessed value, the county tax assessor determines the fair market value of the property and applies the state-mandated assessment ratio, which is currently 0.80 in Bertie County. This means that the assessed value would be 80% of the fair market value.
Property taxes in Bertie County are due annually on September 1st, and failure to pay can result in penalties and interest charges. Homeowners may qualify for certain exemptions or deferrals based on age, disability, or other criteria.
It's important to note that property tax rates and assessment ratios can vary by county and even by municipality within a county, so it's always a good idea to check with the local tax authority for accurate information.
If you want appeal your property tax assessment - contact your local tax assessor.
Bertie County Property Tax Rates
Here is a formatted table of Bertie County Property Tax Rates:
Tax | Rate per $100 of Assessed Value |
---|---|
County | $0.98 |
Fire District | $0.10 - $0.14 (depending on district) |
Municipalities | Varies (see below) |
The municipalities within Bertie County and their corresponding property tax rates per $100 of assessed value are as follows:
Municipality | Tax Rate per $100 of Assessed Value |
---|---|
Askewville | $0.60 |
Aulander | $0.55 |
Colerain | $0.46 |
Kelford | $0.60 |
Lewiston Woodville | $0.53 |
Powellsville | $0.50 |
Roxobel | $0.50 |
Windsor | $0.70 |
It is important to note that the above rates are subject to change and individuals should contact the Bertie County Tax Department for the most up-to-date information.
Who sets property tax rates in Bertie County ?
In Bertie County, property tax rates are set by the Bertie County Board of Commissioners. This board is comprised of five elected officials who represent different areas of the county.
The property tax rates are typically set annually during a public meeting, which typically takes place in the spring or early summer. During this meeting, the board reviews the county's budget and determines the amount of revenue that is needed to fund various services and programs in the county, such as schools, law enforcement, and road maintenance.
Once the board has determined the amount of revenue needed, they set the property tax rate for the upcoming year. This rate is based on the value of the property that is being taxed and is expressed as a percentage of that value.
Property owners in Bertie County receive a tax bill each year based on the assessed value of their property and the property tax rate that has been set by the board. The taxes are due on September 1 of each year and become delinquent if not paid by January 5 of the following year.
Homestead exemptions in Bertie County ?
To help Bertie County residents navigate their Homestead exemptions and deductions, we've compiled a comprehensive table below. This table includes all county-specific information related to exemption, eligibility, amount, and notes.
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Elderly/Disabled | At least 65 years old or totally and permanently disabled | Up to $25,000 in property value | This exemption applies to the first $25,000 of the assessed value of a home. |
Veterans | Honorably discharged from military service | Up to $45,000 in property value | This exemption applies to the first $45,000 of the assessed value of a home. Additionally, the veteran must have served during wartime or suffered a service-related disability. |
Surviving Spouses | Widow or widower of a veteran or emergency responder | Up to $45,000 in property value | This exemption applies to the first $45,000 of the assessed value of a home. Additionally, the surviving spouse must have not remarried and the deceased spouse must have qualified for the exemption. |
Disabled Veterans | Totally and permanently disabled due to service-connected disability | Up to $45,000 in property value | This exemption applies to the first $45,000 of the assessed value of a home. |
Emergency Responders | Active or retired members of emergency response organizations | Up to $45,000 in property value | This exemption applies to the first $45,000 of the assessed value of a home. Additionally, the emergency responder must have served for at least five years. |
Disabled Emergency Responders | Totally and permanently disabled due to service as an emergency responder | Up to $45,000 in property value | This exemption applies to the first $45,000 of the assessed value of a home. Additionally, the disabled responder must have served for at least five years. |
It's important to note that these exemptions and deductions may have additional requirements, such as residency or income-based restrictions. Be sure to contact the Bertie County Tax Assessor's Office for more information and to determine your eligibility for these savings.
When is Bertie County Property Tax due ?
According to the Bertie County government website, property taxes are typically due on September 1st of each year. However, the county may choose to extend the deadline by a few days if September 1st falls on a weekend or holiday.
There are several payment methods available for Bertie County property taxes. Taxpayers can pay in person at the county tax office or by mail with a check or money order. Online payments can also be made through the county website with a credit or debit card. Additionally, taxpayers can set up a payment plan with the county if they are unable to pay the full amount by the deadline.
It's important for Bertie County property owners to pay their taxes on time to avoid penalties and interest fees. If you have any questions or concerns about paying your property taxes, be sure to contact the Bertie County tax office for assistance.
If you have more questions - contact your local tax collector.
How is Bertie County Property Tax penalty calculated ?
Bertie County calculates property tax penalties based on a percentage of the unpaid taxes. The penalty is added on top of the original tax amount and increases over time until the taxes are paid in full.
The penalty rate is determined by the state of North Carolina and varies based on the type of property being taxed. For example, the penalty rate for real property (land and buildings) is 2% for the first month and an additional 0.75% for each month thereafter. On the other hand, the penalty rate for personal property (such as vehicles and boats) is 5% for the first month and an additional 0.75% for each month thereafter.
To better understand how the penalty is calculated, let's look at an example:
John owns a house in Bertie County and his property tax bill is due on September 1st. If he fails to pay the bill on time, he will be charged a 2% penalty for the first month, which would be $100 if his tax bill is $5,000. If he still hasn't paid by October 1st, an additional 0.75% penalty would be added, which would be $37.50 in this case.
If John continues to be delinquent, the penalty will continue to increase by 0.75% per month until the taxes are paid in full. Therefore, it is important to pay property taxes on time to avoid accumulating penalties and interest.
We recommend contacting the Bertie County Tax Office or a local tax professional for the most up-to-date and accurate information.