Example of Claiborne Parish Property Tax Calculation
Claiborne Parish calculates property tax based on the assessed value of a property. The first step is determining the assessed value, which is done by multiplying the fair market value of the property by the assessment ratio. The assessment ratio for residential properties in Claiborne Parish is currently 10%.
For example, if a residential property has a fair market value of $100,000, the assessed value would be $10,000 ($100,000 x 10%).
Next, the tax rate is applied to the assessed value. The tax rate in Claiborne Parish is currently 0.0154, meaning that for every $100 of assessed value, the property owner would owe $1.54 in property tax.
Using the same example as before, if the assessed value of the property is $10,000, the property owner would owe $154 ($10,000 / $100 x 0.0154) in property tax.
It's important to note that there may be additional taxes or exemptions that could affect the final property tax amount. It's always a good idea to consult with a local tax professional for specific information regarding property taxes in Claiborne Parish.
If you want appeal your property tax assessment - contact your local tax assessor.
Claiborne Parish Property Tax Rates
The Claiborne Parish Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Parish General Fund | $0.99 |
| Parish Road and Bridge | $0.50 |
| Parish Health Unit | $0.35 |
| Parish Library | $0.87 |
| Parish School District Maintenance | $4.08 |
| Parish School District Debt Service | $0.00 |
It is important for property owners in Claiborne Parish to keep updated on the property tax rates in order to effectively plan and budget for their expenses. These rates are subject to change periodically, so staying informed is crucial.
Who sets property tax rates in Claiborne Parish ?
In Claiborne Parish, property tax rates are set by the Claiborne Parish Police Jury. The rates are typically set annually and can vary based on factors such as property value and local budgetary needs. Property owners in the parish can expect to receive a notice of their property tax rate and the amount due each year. It is important for property owners to stay informed about these rates in order to properly plan for their tax obligations.
Homestead exemptions in Claiborne Parish ?
To better understand the property tax exemptions and deductions available in Claiborne Parish, Louisiana, we have created a table that includes all the county-specific homestead exemptions and deductions for taxpayers. This table is divided into several columns, including exemption, eligibility, amount, and notes. These columns will help taxpayers assess which exemptions and deductions they may qualify for and how much they can save on their property taxes.
Homestead Exemption and Deductions in Claiborne Parish, Louisiana
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Property owner who uses the property as their primary residence | Up to $7,500 of the assessed property value | Applies to the parish and school board millage rates. Must file an application with the assessor's office by September 1 of the tax year. |
| Special Assessment | Property owner who is disabled or 65+ years old | Up to $75,000 of the assessed property value | Applies to the parish and school board millage rates. Must provide a physician's certification of disability to the assessor's office. |
| Disability Exemption | Property owner who is totally and permanently disabled | Up to $75,000 of the assessed property value | Applies to the parish and school board millage rates. Must provide a physician's certification of disability to the assessor's office. |
| Veteran Exemption | Veteran with 100% service-related disability | Up to $150,000 of the assessed property value | Applies to the parish and school board millage rates. Must provide proof of disability status to the assessor's office. |
| Agricultural Exemption | Property owner who uses the property for agricultural purposes | Up to 80% of the assessed property value | Applies to the parish and school board millage rates. Must file an application with the assessor's office by September 1 of the tax year. |
It is important to note that these exemptions and deductions may change from year to year, and taxpayers should consult with the Claiborne Parish Tax Assessor's office for the most up-to-date information. By taking advantage of these exemptions and deductions, taxpayers in Claiborne Parish can save significant amounts on their property taxes and reduce their financial burden while living in their homes.
When is Claiborne Parish Property Tax due ?
Claiborne Parish Property Tax is typically due on December 31st each year. There are several payment methods available for residents of Claiborne Parish to pay their property taxes, including:
Payment Methods
| Method | Description |
|---|---|
| In Person | Property owners can pay their taxes in person at the Claiborne Parish Tax Collector's office located at 507 West Main Street, Homer, LA 71040. |
| Property owners can mail their tax payments to the Claiborne Parish Tax Collector's office at PO Box 548, Homer, LA 71040. | |
| Online | Property owners can pay their taxes online through the Claiborne Parish Tax Collector's website at www.claiborneparishtaxcollector.com. |
| By Phone | Property owners can also pay their taxes by phone by calling the Claiborne Parish Tax Collector's office at (318) 927-3332. |
It is important to note that if property owners fail to pay their property taxes on time, they may be subject to penalties and interest. Therefore, it is highly recommended that property owners pay their taxes on or before the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Claiborne Parish Property Tax penalty calculated ?
Claiborne Parish Property Tax Penalty Calculation
Property taxes are a primary source of revenue for local governments. Claiborne Parish in Louisiana levies property taxes on all real estate and personal property owned within its jurisdiction. Property tax penalties are also imposed for late payments or failure to pay.
The penalty for failing to pay the property taxes on time is calculated as follows:
- 2% per month penalty is charged on the unpaid balance, starting December 31 of the tax year.
- The maximum penalty charged per year for delinquent taxes is 24%.
- Interest accrues at a rate of 1% per month on unpaid tax and penalty balance.
Example:
Mr. Johnson owns a property in Claiborne Parish with an assessed value of $100,000. The property tax due for the year is $1,000. Mr. Johnson fails to pay the property taxes on time and the penalty calculation is as follows:
| Date | Tax Amount | Penalty (2% per month) | Interest (1% per month) | Total Amount Due |
|---|---|---|---|---|
| Jan 1st | $1,000.00 | - | - | $1,000.00 |
| Feb 1st | $1,000.00 | $20.00 | $10.00 | $1,030.00 |
| Mar 1st | $1,000.00 | $40.00 | $20.00 | $1,070.00 |
| Apr 1st | $1,000.00 | $60.00 | $30.00 | $1,160.00 |
| May 1st | $1,000.00 | $80.00 | $40.00 | $1,220.00 |
| Jun 1st | $1,000.00 | $100.00 | $50.00 | $1,370.00 |
| Jul 1st | $1,000.00 | $120.00 | $60.00 | $1,550.00 |
| Aug 1st | $1,000.00 | $140.00 | $70.00 | $1,760.00 |
| Sep 1st | $1,000.00 | $160.00 | $80.00 | $2,000.00 |
| Oct 1st | $1,000.00 | $180.00 | $90.00 | $2,270.00 |
| Nov 1st | $1,000.00 | $200.00 | $100.00 | $2,570.00 |
| Dec 1st | $1,000.00 | $220.00 | $110.00 | $2,900.00 |
Assuming Mr. Johnson fails to pay the property tax for the year, he will owe a total of $2,900.00 on December 31st of the same year. This penalty calculation serves as a reminder to pay property taxes on time and avoid additional charges.
We recommend contacting the Claiborne Parish Tax Office or a local tax professional for the most up-to-date and accurate information.