Example of Dallam County Property Tax Calculation
Dallam County property tax is calculated by taking the assessed value of the property and multiplying it by the tax rate. For example, if a property in Dallam County has an assessed value of $100,000 and the tax rate is 2%, the property tax would be $2,000. The property owner would be responsible for paying this amount to the Dallam County tax assessor's office. It's important to note that the assessed value of a property may change over time due to factors such as improvements or changes in the local real estate market. Dallam County property owners should stay informed about their property's assessed value and tax rate, and be prepared to pay their property tax on time each year.
If you want appeal your property tax assessment - contact your local tax assessor.
Dallam County Property Tax Rates
The Dallam County Property Tax rates for 2021 are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County Tax | $0.3417 |
| Road & Bridge | $0.1000 |
| Special Road | $0.0050 |
| Hospital | $0.1300 |
| Junior College | $0.0900 |
| School | $1.1206 |
| City | $0.5486 (for City of Dalhart) |
Please note that these rates are subject to change and should be verified with the Dallam County Tax Assessor's office.
Who sets property tax rates in Dallam County ?
The property tax rates in Dallam County, Texas, are set by the county commissioners court annually. The court comprises four elected county commissioners and a county judge who presides over the court. The commissioners court is responsible for determining the county's budget and setting the tax rate to fund it, as well as overseeing county operations and services.
Property tax rates in Dallam County are determined each year during the budgeting process, which typically takes place in the late summer or early fall. The county judge and commissioners review departmental budgets and funding requests from various county offices and make decisions on how to allocate funds. They then set the property tax rate based on the amount of revenue needed to cover the county's expenses.
Property tax rates in Dallam County are expressed in "per $100 valuation." For example, the tax rate for 2021 was $0.4793 per $100 valuation. This means that a property valued at $100,000 would have an annual property tax bill of $479.30.
Overall, the county commissioners court plays a crucial role in setting property tax rates in Dallam County, ensuring that the county's operations are adequately funded while also balancing the burden on taxpayers.
When is Dallam County Property Tax due ?
Dallam County Property Tax is typically due on January 31st every year. However, if January 31st falls on a weekend or holiday, the deadline will be extended to the next business day. There are several payment methods available for Dallam County Property Tax:
| Payment Method | Description |
|---|---|
| In-person | Payments can be made in person at the Dallam County Tax Office during regular business hours. Cash, check or money order are accepted. |
| Online | Payments can be made online using a credit card, debit card or e-check. A convenience fee will be charged for all online transactions. |
| Payments can be mailed to the Dallam County Tax Office. Payments by mail must be postmarked by January 31st in order to avoid penalties and interest. Payment can be made by check or money order. |
It is important to note that failure to pay Dallam County Property Tax by the deadline will result in penalties and interest being assessed on the unpaid balance. Therefore, it is recommended to make payment by the due date to avoid additional fees.
If you have more questions - contact your local tax collector.
How is Dallam County Property Tax penalty calculated ?
Property taxes are mandatory payments made by homeowners to their local government. Failure to pay these taxes on time can result in penalties and interest charges. In Dallam County, property tax penalties are calculated based on a fixed percentage of the unpaid taxes.
Here is an example of how the Dallam County Property Tax penalty is calculated:
| Situation | Calculation |
|---|---|
| Unpaid Taxes | $2,000 |
| Penalty Percentage | 6% |
| Penalty Amount | $120 |
| Total Due | $2,120 |
In this example, the homeowner owes $2,000 in unpaid property taxes. The penalty percentage in Dallam County is 6%, so the penalty amount is calculated by multiplying the unpaid taxes by 6%. In this case, the penalty amount is $120. The total amount due is the sum of the unpaid taxes and the penalty amount, which comes to $2,120.
It is important for homeowners to pay their property taxes on time to avoid penalties and interest charges. In some cases, homeowners may be able to request a waiver of penalties if they have a valid reason for not paying on time, such as a natural disaster or serious illness.
Homestead exemptions in Dallam County ?
In Dallam County, Texas, there are several Homestead exemptions and deductions available to taxpayers. To make it easy for you to understand, here is a table with four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead | Any homeowner who uses their property as their primary residence | Up to $25,000 of the property's value is exempt from taxation | Must file an application with the county appraisal district between January 1 and April 30 |
| Over-65 or Disabled Persons | Homeowners who are over the age of 65 and/or disabled | An additional $10,000 exemption | This exemption is in addition to the general Homestead exemption, and the homeowner must provide proof of age and/or disability |
| Surviving Spouse | A surviving spouse of a Dallam County resident who qualified for the Homestead exemption | An additional $5,000 exemption | Must file an application with the county appraisal district between January 1 and April 30 |
| Disabled Veterans | Veterans with a service-related disability rating of at least 10% | 100% exemption of the property's value | This exemption is available for the veteran's primary residence or a vehicle specially adapted for their use. The veteran must provide proof of their disability rating to the appraisal district. |
| Optional School District Taxes | Any homeowner who qualifies for the Homestead exemption | Reduction in property taxes | Homeowners can choose to exempt their property from school district taxes or pay the full amount. The amount of the reduction varies by school district. |
| Agricultural Land | Land used for agriculture purposes | Reduced tax rate | Land must be used for agriculture purposes for at least five of the preceding seven years to qualify for this exemption. The amount of the reduced tax rate varies by the type of land and the number of acres. |
Please note that this is not an exhaustive list of all the Homestead exemptions and deductions available in Dallam County. To learn more about these exemptions or to apply for them, please contact the Dallam County Appraisal District.
We recommend contacting the Dallam County Tax Office or a local tax professional for the most up-to-date and accurate information.