Example of Curry County Property Tax Calculation
Curry County Property Tax is calculated by multiplying the assessed value of a property by the current tax rate. For instance, if a property in Curry County is assessed at $100,000 and the current tax rate is 2.5%, the property tax due would be $2,500 (100,000 x 0.025 = 2,500).
It's important to note that property assessment values in Curry County are determined by the Curry County Assessor's Office. The value is based on the market value of the property and is typically reassessed every few years.
In addition to the county property tax, there may be additional taxes levied by local municipalities or special districts, such as school districts or fire protection districts. These taxes may vary depending on the location of the property.
Overall, the Curry County Property Tax calculation is a straightforward process based on the assessed value of a property and the current tax rate. Understanding the calculation can help property owners budget for their tax obligations and plan for any potential changes in their assessment value or tax rate.
If you want appeal your property tax assessment - contact your local tax assessor.
Curry County Property Tax Rates
Here is a table displaying the property tax rates for Curry County:
Tax | Rate per $100 of Assessed Value |
---|---|
General County | $1.6308 |
Library | $0.3315 |
Road | $0.6368 |
Community College | $0.4819 |
Port | $0.0357 |
It is important for property owners in Curry County to be aware of these tax rates when budgeting for their annual expenses.
Who sets property tax rates in Curry County ?
In Curry County, property tax rates are set by the Board of County Commissioners. This board is composed of elected officials who make decisions on behalf of the county. They typically hold public meetings where they discuss and vote on various issues, including property taxes.
The specific rate of property tax is determined annually and is based on the assessed value of a property. The county assessor's office is responsible for determining the assessed value of each property in the county.
It is important to note that property taxes are a major source of revenue for local governments, including Curry County. These taxes help fund essential services like schools, public safety, and infrastructure maintenance. Property owners in Curry County should be aware of their tax obligations and keep up to date with any changes in the tax rate.
Overall, the property tax rate in Curry County is subject to change each year depending on the decision of the Board of County Commissioners.
Homestead exemptions in Curry County ?
To help Curry County, Oregon residents understand their Homestead exemptions and deductions, the following table provides a breakdown of the available benefits.
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Basic | All homeowners | $53,000 | Applies to the assessed value of the property |
Senior | Age 62 or older | $40,000 | Applies to the assessed value of the property |
Disabled | Anyone with a qualifying disability | $22,000 | Applies to the assessed value of the property |
Veterans | Honorably discharged veterans | Varies | Must meet specific criteria, such as a certain percentage of disability or wartime service |
Surviving spouse | Widows/widowers of veterans | Varies | Must meet specific criteria, such as not remarried and the veteran's service |
Farm/forest land | Property used for agriculture/forestry | Varies | Must meet certain qualifications, such as minimum acreage and income from the land |
It's important to note that these exemptions and deductions can only be applied to a primary residence. Additionally, homeowners must apply for these benefits through the Curry County Assessor's Office.
By utilizing these Homestead exemptions and deductions, Curry County homeowners can potentially reduce their property taxes and save money.
When is Curry County Property Tax due ?
Curry County Property Tax typically has two due dates: November 15th and May 15th.
Due Date | Payment Period |
---|---|
November 15th | Covers July 1st - December 31st |
May 15th | Covers January 1st - June 30th |
Property owners can pay their property taxes in several ways:
- In person: Payments can be made at the Curry County Tax Collector's office located at 29821 Ellensburg Ave., Gold Beach, OR 97444 during regular business hours.
- By mail: Payments can be mailed to Curry County Tax Collector, PO Box 746, Gold Beach, OR 97444. Payment must be received by the due date to avoid late fees.
- Online: Payments can be made online through the Curry County Tax Collector's website. There is a convenience fee for paying online.
It's important to note that if property taxes are not paid by the due date, late fees and penalties will be added to the amount owed. Property owners should also be aware of any potential tax exemptions or deferrals they may be eligible for.
If you have more questions - contact your local tax collector.
How is Curry County Property Tax penalty calculated ?
Curry County Property Tax Penalty Calculation
Penalties for late payment of property taxes are common in many counties in the United States, and Curry County, Oregon is no exception. The way the penalty is calculated in Curry County is as follows:
- The first day of the month following the due date of the tax is the beginning of the penalty period.
- The penalty is 5% of the unpaid taxes for the first month.
- An additional penalty of 1.25% is added each month thereafter until the taxes are paid in full.
- The maximum penalty cannot exceed 15%.
For example, if a property owner owes $2,500 in property taxes and fails to pay them by November 15th, the penalty period will begin on December 1st. The penalty for the first month will be 5% of the unpaid taxes, which is equal to $125. If the taxes remain unpaid by January 1st, an additional penalty of 1.25% will be added, which is equal to $31.25. This process will continue each month until the taxes are paid in full or until the maximum penalty of 15% is reached.
It is important to note that property owners in Curry County can avoid the penalty by paying their taxes on time or by making arrangements with the county tax collector to pay the taxes in installments. However, it is always recommended to pay on time to avoid any additional fees or penalties.
We recommend contacting the Curry County Tax Office or a local tax professional for the most up-to-date and accurate information.