Concho County property tax

Example of Concho County Property Tax Calculation

Concho County's Property Tax Calculation Example:

In Concho County, property taxes are calculated based on the assessed value of the property and the tax rate set by the local government.

For instance, a home in Concho County that has an assessed value of $100,000 and a tax rate of 2.5% would have a property tax bill of $2,500.

To calculate the property tax, the assessed value is multiplied by the tax rate. In this example, $100,000 x 0.025 (2.5%) = $2,500.

It's important to note that property values and tax rates can vary from year to year, so the property tax bill may change accordingly.

Remember, property taxes help fund local government services such as schools, roads, and public safety.

If you want appeal your property tax assessment - contact your local tax assessor.

Concho County Property Tax Rates

Here is the table listing the Concho County Property Tax rates:

Note: These rates are subject to change, and taxpayers are advised to check with the Concho County Appraisal District for the latest information on property tax rates.

Who sets property tax rates in Concho County ?

• Who sets property tax rates in Concho County?

The County Commissioners Court sets the property tax rates in Concho County.

• When are property tax rates set in Concho County?

The property tax rates are set annually in September or October by the County Commissioners Court.

• How are property tax rates determined in Concho County?

The County Commissioners Court takes into consideration the budget needs of the local government, as well as the assessed property values within the county, when setting property tax rates.

• What is the current property tax rate in Concho County?

The current property tax rate in Concho County is 0.4313 per $100 valuation for the 2021 tax year.

• What does property tax revenue in Concho County fund?

Property tax revenue in Concho County funds local government services, such as roads and bridges, law enforcement, and public schools.

Homestead exemptions in Concho County ?

To provide helpful information to homeowners in Concho County, Texas, we have created a table with columns for exemption, eligibility, amount, and notes. This table includes all county-specific Homestead exemptions and deductions that may be available to you. These exemptions and deductions can provide significant savings on your property taxes, so it’s important to understand which ones you may be eligible for.

It’s important to note that eligibility requirements for these exemptions and deductions may vary. It’s recommended to contact the Concho County Appraisal District for specific requirements and to apply for these exemptions. Taking advantage of these exemptions and deductions can help alleviate the financial burden of property taxes and reduce your overall tax liability.

When is Concho County Property Tax due ?

Concho County Property Tax is typically due on January 31 of each year. Property owners in Concho County can pay their property taxes through various payment methods, including:

• Online payment: Property owners can pay their property taxes online through the Concho County Tax Assessor-Collector's website. They can use a credit or debit card to make the payment.

• In-person payment: Property owners can make their property tax payment in person at the Concho County Tax Assessor-Collector's office. The office is located at 152 N Front St, Paint Rock, TX 76866. Payments can be made using cash, check, or money order.

• Mail payment: Property owners can also mail their property tax payment to the Concho County Tax Assessor-Collector's office. The payment must be in the form of a check or money order and should be mailed to the following address:

  Concho County Tax Assessor-Collector P.O. Box 100 Paint Rock, TX 76866

It is important to note that if the property tax payment is not received by January 31, the property owner may incur penalties and interest. Therefore, it is advisable to make the payment well before the due date to avoid any unnecessary fees.

If you have more questions - contact your local tax collector.

How is Concho County Property Tax penalty calculated ?

Concho County Property Tax Penalty Calculation:

When a property owner fails to pay their property taxes on time, they are subject to penalties and interest charges. The penalty is calculated based on the amount of taxes due and the number of days the payment is delinquent.

In Concho County, the penalty for delinquent property taxes is 6% of the total amount of taxes due if the payment is not made within the first calendar month after the due date. An additional 1% penalty is added for each subsequent month that the payment remains delinquent.

Here’s an example:

Let's say that John owns a property in Concho County, and he has a total property tax bill of $1,000, due on January 31st. John fails to pay his taxes on time and waits until April 15th to make the payment.

First, the 6% penalty for the first month is applied to the total tax amount:

$1,000 x 6% = $60

Next, an additional 1% penalty is added for each of the three months that the payment is delinquent:

$1,000 x 1% = $10 (February) $1,000 x 1% = $10 (March) $1,000 x 1% = $10 (April)

Adding all the penalties together, John’s total penalty for paying his property taxes late would be $90:

$60 + $10 + $10 + $10 = $90

In addition to the penalty, John would also owe interest on the delinquent amount at a rate of 1% per month, until the payment is made in full.

It is important for property owners in Concho County to pay their property taxes on time to avoid penalties and interest charges.

We recommend contacting the Concho County Tax Office or a local tax professional for the most up-to-date and accurate information.

Concho County tax offices:

• Concho County tax assessor
• Concho County tax collector
• Concho County tax commissioner
• Concho County tax appraiser
• Concho County tag office