Example of Clackamas County Property Tax Calculation
Clackamas County Property Tax is calculated by multiplying the assessed value of a property by the tax rate set by the county. The assessed value is determined by the county assessor's office and is based on the market value of the property at the time of assessment.
For example, if a property is assessed at a value of $200,000 and the tax rate for the county is 1%, the property owner would owe $2,000 in property taxes.
It is important to note that property taxes in Clackamas County can vary based on a number of factors such as location, property type, and exemptions. Property owners can contact the county assessor's office for more information on their specific property tax calculation.
If you want appeal your property tax assessment - contact your local tax assessor.
Clackamas County Property Tax Rates
Here is a formatted table showing the Clackamas County Property Tax rates:
Tax | Rate per $100 of Assessed Value |
---|---|
County General Fund | $1.3576 |
County Library District | $0.3853 |
County Service Districts | $1.6169 |
Education Service District | $0.2303 |
Port of Portland | $0.0656 |
School Districts | Varies by district |
Special Districts | Varies by district |
Please note that the rates for School Districts and Special Districts can vary depending on the specific district. It's always best to check with your local tax office for the most up-to-date information.
Who sets property tax rates in Clackamas County ?
In Clackamas County, property tax rates are set by a combination of government entities, including the county itself, school districts, and other taxing districts. The process for determining these rates typically takes place in the late summer to early fall of each year, with final tax statements being issued in October or November.
Here is a breakdown of the entities involved in property tax rate-setting in Clackamas County:
Entity | Role in Setting Property Tax Rates |
---|---|
Clackamas County | Sets the county's general fund tax rate and may also levy additional taxes for specific purposes, such as public safety or transportation |
School districts | Set their own tax rates to fund education within their boundaries |
Special districts | May include fire districts, water districts, and others. They set their own tax rates to fund specific services within their boundaries |
Overall, the property tax rate in Clackamas County is determined by a complex interplay of various entities, each with their own responsibilities and priorities. However, residents can expect to receive their final tax statements in the fall of each year, outlining the specific amount owed based on these rates.
Homestead exemptions in Clackamas County ?
To help our readers in Clackamas County, Oregon navigate the confusing world of Homestead exemptions and deductions, we've compiled a table of all county-specific information. Below you'll find columns for exemption, eligibility, amount, and notes, making it easy to find the information you need.
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
General Homestead Exemption | All homeowners | Up to $50,000 | Reduces assessed value of property |
Senior/Disabled Citizen Exemption | Homeowners 62+ or disabled | Up to $26,000 | Must meet income requirements |
Widow(er) Exemption | Surviving spouse of deceased homeowner | Up to $20,000 | Must have owned and occupied the property as a primary residence |
Disabled Veteran Exemption | Honorably discharged disabled veteran | Up to $27,000 | Must have owned and occupied the property as a primary residence |
Surviving Spouse of Service Member Killed in Action Exemption | Surviving spouse of service member killed in action | Up to $285,000 | Must have owned and occupied the property as a primary residence |
It's important to note that eligibility requirements and exemption amounts may vary based on factors like income, residency, and disability status. Additionally, there may be other exemptions and deductions available at the state or federal level that could impact your taxes. As always, it's best to consult with a tax professional or the Clackamas County Assessor's Office for guidance on your specific situation.
When is Clackamas County Property Tax due ?
Clackamas County Property Tax is typically due on November 15th of each year. However, if the due date falls on a weekend or holiday, the deadline is extended to the next business day.
There are several payment methods available for Clackamas County Property Tax. These include:
- Online Payments: Payments can be made online using a credit or debit card, or by electronic check.
- Mail: Payments can be mailed to the Clackamas County Tax Office, along with the payment coupon provided on the tax statement.
- In Person: Payments can be made in person at the Clackamas County Tax Office, located at 150 Beavercreek Road in Oregon City.
It is important to note that late payments are subject to penalties and interest charges. If you have any questions or concerns about Clackamas County Property Tax, you can contact the Clackamas County Tax Office at (503) 655-8671.
If you have more questions - contact your local tax collector.
How is Clackamas County Property Tax penalty calculated ?
Clackamas County calculates property tax penalties based on a set formula. The penalty is added to any unpaid property taxes after the due date. Here is how it is calculated:
- On the first day after the due date (November 15th), a 3% penalty is added.
- On the 16th day after the due date (December 1st), an additional 1% penalty is added, for a total of 4%.
- On the first day of each month after December 1st (January 1st, February 1st, etc.), an additional 1% penalty is added.
Here's an example:
Let's say that John owns a property in Clackamas County with a total assessed value of $300,000. His property tax bill for the year is $3,000, due on November 15th. John forgets to pay his property taxes on time and pays them on January 15th, 2 months after the due date.
The penalty for John's late payment would be calculated as follows:
- 3% penalty for being late on November 16th: $90 (3% of $3,000)
- 1% penalty for being late on December 1st: $30 (1% of $3,000)
- 1% penalty for being late on January 1st: $30 (1% of $3,000)
Therefore, John's total penalty would be $150, which is 5% of his total property tax bill. So instead of paying $3,000, John would have to pay $3,150.
It's important to pay property taxes on time to avoid penalties and additional fees. If you have any questions about your property tax bill or penalties, contact the Clackamas County Tax Office for assistance.
We recommend contacting the Clackamas County Tax Office or a local tax professional for the most up-to-date and accurate information.