Example of Coke County Property Tax Calculation
Coke County calculates property taxes based on the assessed value of a property. The assessed value is determined by the county appraiser's office and is usually a percentage of the property's market value. For example, if a property has a market value of $100,000 and the assessment rate is 80%, then the assessed value would be $80,000.
To calculate the property tax, the assessed value is multiplied by the tax rate. In Coke County, the tax rate for the 2021 fiscal year is $0.4747 per $100 of assessed value. Using the previous example, the property tax for the year would be calculated as follows:
Assessed value: $80,000 Tax rate: $0.4747 per $100 of assessed value
($80,000 ÷ 100) x $0.4747 = $379.76
Therefore, the property tax for the year would be $379.76. It's important to note that property taxes are typically due in installments and failure to pay can result in penalties and interest charges.
If you want appeal your property tax assessment - contact your local tax assessor.
Coke County Property Tax Rates
Here is a formatted table of Coke County Property Tax rates, displayed in US English and using active voice:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.5111 |
| City of Robert Lee | $0.7267 |
| Robert Lee ISD | $1.0400 |
| Blackwell CISD | $1.2300 |
As shown in the table above, the County tax rate is $0.5111 per $100 of assessed value, the City of Robert Lee tax rate is $0.7267 per $100 of assessed value, the Robert Lee Independent School District tax rate is $1.0400 per $100 of assessed value, and the Blackwell Consolidated Independent School District tax rate is $1.2300 per $100 of assessed value.
Who sets property tax rates in Coke County ?
Who sets property tax rates in Coke County?
The property tax rates in Coke County are set by the County Commissioners Court. It is composed of four elected commissioners and a county judge who presides over the court. They meet regularly to discuss and set the tax rates, which are then used to fund various county services such as law enforcement, road maintenance, and public schools.
When are property tax rates set in Coke County?
Property tax rates in Coke County are typically set during the summer months, usually in July or August. The exact date varies from year to year, and the County Commissioners Court provides public notice of the date and time of the meeting where the tax rates will be set. Property owners in Coke County are encouraged to attend these meetings, as they have the opportunity to voice their opinions about the tax rates and how their tax dollars are being used.
Summary
- The County Commissioners Court sets property tax rates in Coke County.
- The court is composed of four elected commissioners and a county judge.
- Property tax rates are typically set in July or August.
- Property owners are encouraged to attend the meetings where tax rates are set to voice their opinions.
Homestead exemptions in Coke County ?
To help homeowners in Coke County, Texas understand the Homestead exemptions and deductions available, we have created a table with four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General | Homeowners who own and occupy their primary residence on January 1st of the tax year. | Up to $25,000 in appraised value of the property. | Applies to all taxing units in Coke County, including cities, schools, and special districts. |
| Over 65 | Homeowners who are 65 years old or older on January 1st of the tax year or disabled. | Up to $10,000 in appraised value of the property. | Applies to all taxing units in Coke County, including cities, schools, and special districts. |
| Disabled Veteran | Homeowners who are certified as 100% disabled as a result of military service. | Up to $100,000 in appraised value of the property. | Applies to all taxing units in Coke County, including cities, schools, and special districts. |
| Surviving Spouse of a Veteran | Homeowners who have not remarried and are the surviving spouse of a veteran who was killed in active duty or died as a result of a service-connected disability. | Up to $100,000 in appraised value of the property. | Applies to all taxing units in Coke County, including cities, schools, and special districts. |
It is important to note that these exemptions and deductions are not automatic and require homeowners to apply with the Coke County Appraisal District. Additionally, some exemptions may have income or other eligibility requirements, so it is important to research and consult with a tax professional for more information.
By taking advantage of these Homestead exemptions and deductions, homeowners in Coke County can potentially save money on their property taxes and better manage their finances.
When is Coke County Property Tax due ?
Coke County Property Tax Due Date and Payment Methods
Property taxes in Coke County are typically due on January 31st of each year. Failure to pay by this date may result in penalties and interest charges.
There are several convenient ways to pay Coke County property taxes, including:
-
In person: You can pay your property taxes in person at the Coke County Tax Office located at 13 E. 7th St., Robert Lee, TX 76945. The office is open Monday through Friday from 8:00 am to 4:00 pm.
-
By mail: You can mail your payment to the Coke County Tax Office at the same address as above. Make sure to include your property ID number on the check or money order, and allow enough time for the payment to be received by the due date.
-
Online: You can pay your property taxes online using a credit card or electronic check through the Coke County Tax Office's website. There is a convenience fee for this method of payment.
-
By phone: You can also pay your property taxes by phone using a credit card or electronic check. Call the Coke County Tax Office at (325) 453-2631 for more information on this payment method.
It is important to note that if you have an escrow account with your mortgage company, they may be responsible for paying your property taxes on your behalf. Be sure to check with your mortgage company to confirm their payment process and deadlines.
Overall, it is important to make timely property tax payments to avoid penalties and interest charges. The Coke County Tax Office provides multiple payment methods to make it convenient for property owners to pay their taxes on time.
If you have more questions - contact your local tax collector.
How is Coke County Property Tax penalty calculated ?
Coke County Property Tax Penalty Calculation
When property taxes are not paid on time in Coke County, a penalty is assessed on the amount owed. The penalty is calculated by adding a percentage of the unpaid taxes to the original amount owed.
Here’s an example to illustrate how the Coke County Property Tax Penalty is calculated:
John Smith owns a property in Coke County and owes $1,000 in property taxes for the year. However, he misses the January 31st deadline to pay his property taxes.
Since John missed the deadline, he will be assessed a penalty for the unpaid taxes. The penalty for late payment of property taxes in Coke County is 6% of the unpaid taxes plus 1% interest for each month the taxes remain unpaid.
In John’s case, the penalty on his unpaid taxes would be calculated as follows:
- 6% of $1,000 = $60
- 1% interest for each month the taxes remain unpaid (let's say John pays his taxes 3 months late) = 3% or $30
The total penalty on John’s unpaid taxes would be $90 (i.e., $60 + $30). Therefore, John would need to pay $1,090 (i.e., the original $1,000 in taxes plus $90 in penalties) to avoid any further action from the county.
In summary, when property taxes are not paid on time in Coke County, a penalty is assessed on the amount owed based on a percentage of the unpaid taxes plus a monthly interest rate. It is crucial to pay property taxes on time to avoid penalties and interest charges.
We recommend contacting the Coke County Tax Office or a local tax professional for the most up-to-date and accurate information.