Example of Callahan County Property Tax Calculation
Callahan County property tax is calculated based on the assessed value of a property, which is determined by the county tax assessor's office.
To calculate the property tax, the assessed value of the property is multiplied by the county's tax rate, which is expressed in dollars per $100 of assessed value. For example, if a property in Callahan County has an assessed value of $150,000 and the county's tax rate is $1.50 per $100 of assessed value, the property tax would be calculated as follows:
$150,000 รท 100 = $1,500 (assessed value per $100) $1,500 x $1.50 = $2,250 (total property tax)
This means that the property owner would owe $2,250 in property tax to Callahan County for that year.
It's important to note that property tax rates can vary between counties and can also be affected by other factors such as school district taxes and special assessments. Property owners should consult with the county tax assessor's office or a tax professional for more information on specific property tax calculations in Callahan County.
If you want appeal your property tax assessment - contact your local tax assessor.
Callahan County Property Tax Rates
The following table displays the Callahan County Property Tax rates in US dollars per 100 dollars of assessed property value:
| Tax Type | Rate per $100 Assessed Value |
|---|---|
| County | $ 0.495 |
| City | $ 0.620 |
| School | $ 1.128 |
| Hospital | $ 0.128 |
| Junior College | $ 0.064 |
| Water District | $ 0.005 |
| Total | $ 2.440 |
Please note that the rates may vary depending on the location and type of property. It is recommended to consult with a tax professional for accurate information and guidance.
Who sets property tax rates in Callahan County ?
Who sets property tax rates in Callahan County?
The property tax rates in Callahan County are set by two governing bodies: the Callahan County Commissioners Court and the local school districts.
When are property tax rates set in Callahan County?
The property tax rates in Callahan County are typically set in the fall of each year. The Callahan County Commissioners Court typically sets the tax rate for the county portion of property taxes, while local school districts set their own tax rates.
How are property tax rates determined in Callahan County?
Property tax rates in Callahan County are determined based on the appraised value of a property and the tax rate set by each governing body. The county's tax rate is typically set based on the budget needs of the county, while school districts set their tax rates based on their budget needs for the upcoming school year.
How often do property tax rates change in Callahan County?
Property tax rates in Callahan County can change from year to year depending on the budget needs of the county and local school districts. However, Texas law requires that any changes to property tax rates be approved by the governing bodies and publicly announced before they can take effect.
Homestead exemptions in Callahan County ?
Homestead Exemptions and Deductions in Callahan County, Texas
Below is a table of Homestead Exemptions and Deductions available in Callahan County, Texas. These exemptions and deductions are county specific and may vary from county to county.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General | Owner-occupied residential property in Callahan County | Up to $25,000 | Must apply before May 1st of each tax year |
| Over 65 | Owner must be 65 years of age or older | Additional $10,000 | Total exemption up to $35,000 |
| Disabled | Owner must be disabled as defined by law | Additional $10,000 | Total exemption up to $35,000 |
| Veteran | Owner must be a veteran who has been honorably discharged | Additional $12,000 | Total exemption up to $37,000 |
| Surviving Spouse | Surviving spouse of a veteran who was eligible for the veteran's exemption | Additional $12,000 | Total exemption up to $37,000 |
| Agricultural | Land used for agricultural purposes | Varies | Must meet certain requirements such as acreage and use |
| Wildlife | Land used for wildlife management purposes | Varies | Must meet certain requirements such as acreage and use |
| Timber | Land used for timber production | Varies | Must meet certain requirements such as acreage and use |
| School | Owner must reside in a school district that imposes a local tax for public schools | Varies | Cannot exceed the amount of the local school tax imposed |
Note: The above exemptions and deductions are subject to change. It is recommended to contact the Callahan County Appraisal District for more information and to confirm eligibility.
When is Callahan County Property Tax due ?
Callahan County Property Tax is typically due on January 31st of each year. There are several payment methods available for taxpayers to submit their payments, including:
- Online: Taxpayers can pay their property tax online through the Callahan County Tax Office website. Payments can be made using a credit card, debit card, or e-check.
- By Mail: Taxpayers can mail their property tax payment to the Callahan County Tax Office. Payments must be postmarked by the due date to avoid penalty fees.
- In Person: Taxpayers can visit the Callahan County Tax Office and pay their property tax in person. The office is located at 100 W 4th St, Room 104, Baird, TX 79504.
If a taxpayer fails to pay their property tax by the due date, penalties and interest may apply. It is important to note that the Callahan County Tax Office does not accept partial payments. Taxpayers must pay the full amount owed in one payment.
If you have more questions - contact your local tax collector.
How is Callahan County Property Tax penalty calculated ?
Callahan County Property Tax Penalty Calculation
To calculate the penalty for delinquent property taxes in Callahan County, the County Tax Assessor-Collector adds a penalty and interest rate to the outstanding amount owed. The penalty is calculated as a percentage of the unpaid taxes, while the interest is calculated as a daily rate on the total amount owed.
Here's an example of how the penalty and interest are calculated in Callahan County:
| Date | Action | Amount |
|---|---|---|
| January 31 | Property tax due | $2,500 |
| February 1 | Delinquent | $0 |
| March 1 | Penalty applied (6%) | $150 |
| May 1 | Interest applied (0.5% per month) | $25 |
| July 1 | Additional interest applied | $26.25 |
| August 1 | Total amount owed | $2,701.25 |
In this example, the property owner did not pay the full amount of property taxes due by January 31. As a result, a penalty of 6% was applied on March 1, which amounts to $150. The interest rate of 0.5% per month compounded daily was applied on May 1, which amounts to $25. Additional interest was added on July 1, which amounts to $26.25. By August 1, the total amount owed by the property owner was $2,701.25.
It's important to note that the penalty and interest rates for delinquent property taxes in Callahan County can vary, depending on the specific circumstances of the property owner. Additionally, property owners have the option to set up payment plans with the County Tax Assessor-Collector if they are unable to pay the full amount owed at once.
We recommend contacting the Callahan County Tax Office or a local tax professional for the most up-to-date and accurate information.