Example of Crawford County Property Tax Calculation
Crawford County property tax is calculated by taking the assessed value of the property and multiplying it by the current tax rate. For example, if a property in Crawford County has an assessed value of $100,000 and the tax rate is 2%, the property tax would be $2,000 per year.
To determine the assessed value, the assessor will consider many factors like the location, size, and condition of the property. The assessed value is typically a percentage of the fair market value of the property.
Property owners in Crawford County can typically expect to receive their tax bill in the mail annually. Property taxes collected in Crawford County are used to fund schools, infrastructure, and other essential services.
If you want appeal your property tax assessment - contact your local tax assessor.
Crawford County Property Tax Rates
Here is a formatted table listing the Crawford County Property Tax rates based on the rate per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.52 |
| City | $1.23 |
| School District | $2.18 |
| Fire District | $0.89 |
Please note that these rates are subject to change and may vary based on specific property locations within Crawford County. As a tax advisor, it is recommended to consult with local tax authorities for the most up-to-date information and guidance regarding property tax rates in Crawford County.
Who sets property tax rates in Crawford County ?
In Crawford County, property tax rates are set by the County Board of Commissioners. This occurs annually and the rates are typically set in the fall. The Board takes into consideration the proposed budget for the county and the funding required for various services and projects. The actual tax rate is based on the assessed value of the property and is typically expressed as a percentage. Property owners in Crawford County can expect to receive their tax bill in late December or early January.
Homestead exemptions in Crawford County ?
The following table displays the Homestead exemptions and deductions available in Crawford County, Illinois:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Residential Property Owners | $6,000 | Must be the primary residence of the owner |
| Senior Citizens Homestead Exemption | Residential Property Owners over 65 years old | $5,000 | Must be the primary residence of the owner |
| Senior Citizens Assessment Freeze Homestead Exemption | Residential Property Owners over 65 years old with a maximum annual income of $65,000 | Tax assessment frozen at the base year until the death of the owner | Must be the primary residence of the owner |
| Disabled Veterans Homestead Exemption | Veterans with a service-related disability rating of at least 30% | $5,000 | Must be the primary residence of the owner |
| Disabled Persons Homestead Exemption | Residential Property Owners with a disability | $2,000 | Must be the primary residence of the owner |
| Home Improvement Exemption | Residential Property Owners | Up to $25,000 in added value | Must be used for eligible home improvements |
It's important to note that these exemptions and deductions apply only to residential properties in Crawford County, Illinois. Homeowners must meet the eligibility criteria for each exemption in order to qualify. For more information on these Homestead exemptions and deductions, homeowners in Crawford County should contact their local County Assessor's office.
When is Crawford County Property Tax due ?
Crawford County Property Tax is typically due on January 31st of each year. However, taxpayers are given until the end of February to make their payment without incurring a penalty.
There are several payment methods available, including:
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In person: Taxpayers can pay in person at the Crawford County Treasurer’s Office, located at 112 E Mansfield St, Bucyrus, OH 44820.
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By mail: Payments can be sent by mail to the Crawford County Treasurer’s Office, P.O. Box 1169, Bucyrus, OH 44820.
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Online: Payments can be made online using a credit or debit card through the county’s website.
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By phone: Payments can also be made over the phone by calling the Crawford County Treasurer’s Office at (419) 562-2766.
It is important to note that if payment is not made by the end of February, a penalty of 5% will be added. Additionally, if payment is not received by July 1st, the property may be subject to foreclosure. Therefore, it is crucial for taxpayers to make their payment on time and using one of the available methods.
If you have more questions - contact your local tax collector.
How is Crawford County Property Tax penalty calculated ?
Crawford County property taxes are assessed annually, and property owners are expected to pay this tax on time. Failure to pay the taxes on time results in penalties as explained here:
- The penalty is calculated based on the total amount of taxes due.
- The penalty accrues at a rate of 1% per month, starting on the first day of the month following the due date.
- The maximum penalty that can be charged is 15% of the original tax bill.
For example, if a property owner owes $1,000 in property taxes and fails to pay by the due date of September 1st, the penalty will begin accruing on October 1st at a rate of 1% per month. By January 1st of the following year, the penalty will have reached the maximum 15%, resulting in an additional $150 in penalties.
To avoid accruing penalties, property owners should make sure to pay their property taxes on or before the due date. Property tax due dates vary by state and county, so it's essential to check with the Crawford County treasurer's office to determine the exact due date.
It is important to note that penalties and interest can add up quickly and make it more difficult to catch up on missed payments. Property owners who are struggling to pay their property taxes should consider contacting the Crawford County treasurer's office to discuss payment plans or other options that may be available to them.
We recommend contacting the Crawford County Tax Office or a local tax professional for the most up-to-date and accurate information.