Example of Deschutes County Property Tax Calculation
Deschutes County property taxes are calculated based on the assessed value of the property. Here's an example:
Let's say that John owns a house in Deschutes County with an assessed value of $300,000. The county's property tax rate for the year is 1.2%. To calculate John's property tax, we would simply multiply the assessed value by the tax rate:
$300,000 x 0.012 = $3,600
Therefore, John would owe $3,600 in property taxes for the year. It's important to note that property tax rates and assessed values can vary from year to year, so it's a good idea to check with the county assessor's office to get the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Deschutes County Property Tax Rates
As a tax advisor, Deschutes County Property Tax rates can be summarized in the following table:
| Tax | Rate per $100 of Asessed Value |
|---|---|
| County | $0.7030 |
| Education | $1.4297 |
| Fire | $0.6869 |
| Health | $0.2000 |
| Port of Redmond | $0.2458 |
| Road | $0.3680 |
| Special Road | $0.1700 |
| Total | $3.8034 |
It is important to note that these rates are subject to change annually and may vary by property type and location within Deschutes County. Therefore, it is advisable to consult with a professional tax advisor for specific inquiries.
Who sets property tax rates in Deschutes County ?
In Deschutes County, property tax rates are set by the county's board of commissioners. This happens annually, usually in late summer or early fall. The tax rates are based on the county's budget needs and are designed to provide revenue for a range of public services, including schools, libraries, police and fire departments, and more. The specifics of how the rates are determined can vary from year to year, but they typically take into account factors such as property values, assessed values, and other economic indicators. Overall, property taxes are an important source of funding for local government in Deschutes County, and they play a critical role in supporting the many services that residents rely on every day.
| County | Property Tax Rates | Set By | Set When |
|---|---|---|---|
| Deschutes | Annually | Board of Commissioners | Late Summer/Early Fall |
When is Deschutes County Property Tax due ?
Deschutes County Property Tax is typically due on November 15th of each year. However, if the due date falls on a weekend or holiday, the payment deadline is automatically extended to the next business day. Property owners can pay their taxes through various methods, including:
| Payment Method | Description |
|---|---|
| Online Payment | Property owners can pay their taxes online using a credit card, debit card, or e-check. To do this, they need to visit the County's tax payment website and follow the instructions. A convenience fee applies to credit card and debit card transactions. |
| Property owners can also mail their payment to the Deschutes County Tax Collector's Office. The payment must be postmarked on or before the due date to avoid penalties. | |
| In-Person | Property owners can pay in person at the Deschutes County Tax Collector's Office located at 1300 NW Wall Street, Suite 203, Bend, Oregon 97703. The office is open from 9:00 am to 5:00 pm, Monday through Friday. |
It is important to note that failure to pay property taxes on time will result in penalties and interest charges. Therefore, property owners are encouraged to make their payments promptly to avoid any additional fees.
If you have more questions - contact your local tax collector.
Homestead exemptions in Deschutes County ?
In Deschutes County, Oregon, there are several Homestead exemptions and deductions that residents may be eligible for. Here is a breakdown of each exemption, eligibility requirements, the amount of deduction, and any additional notes:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Must be a resident of Deschutes County and use the property as their primary residence | Up to $50,000 assessed value reduction | Must file an application with the county assessor |
| Senior and Disabled Citizens Homestead Exemption | Must be 62 years or older or have a disability, and meet residency requirements | Up to $30,000 assessed value reduction | Must file an application with the county assessor |
| Veteran's Exemption | Must be an honorably discharged veteran who has served during a qualifying period of conflict | Up to $19,500 assessed value reduction | Must file an application with the county assessor and provide proof of service |
| Surviving Spouse of a Veteran | Must be a surviving spouse of a veteran who had the exemption at the time of their death | Up to $19,500 assessed value reduction | Must file an application with the county assessor and provide proof of eligibility |
| Fire District Exemption | Must reside within a Deschutes County Fire District and use the property as their primary residence | Up to $750 assessed value reduction | Automatically applied if eligible |
It is important to note that some exemptions may not be combined and that eligibility requirements may vary. Homeowners in Deschutes County should contact the county assessor's office for more information and to apply for these exemptions.
How is Deschutes County Property Tax penalty calculated ?
Deschutes County calculates property tax penalty based on the amount of taxes owed and the length of time they are delinquent. Here's an example of how it's calculated:
Let's say Jane owns a home in Deschutes County and her property tax bill is due on November 15th. She forgets to pay and the county does not receive her payment until January 15th.
Jane's property tax bill is $3,000. The county charges a 3% penalty for the first month of delinquency and an additional 1.5% penalty for each month thereafter.
- Penalty for first month: $3,000 x 3% = $90
- Penalty for second month: $3,000 x 1.5% = $45
Total penalty: $90 + $45 = $135
So Jane's total property tax bill, including penalty, is $3,135.
Here's a breakdown of the penalty percentages based on how long the property tax payment is delinquent:
| Delinquent By | Penalty Percentage |
|---|---|
| 1 month | 3% |
| 2 months | 4.5% |
| 3 months | 6% |
| 4 months | 7.5% |
| 5 months | 9% |
| 6 months | 10.5% |
| 7 months | 12% |
| 8 months | 13.5% |
| 9 months | 15% |
| 10 months | 16.5% |
| 11 months | 18% |
| 12 months | 19.5% |
It's important to remember that property tax payments are due on November 15th and April 15th each year. If a payment is late, penalties will begin to accrue. It's best to pay property taxes on time to avoid any additional fees.
We recommend contacting the Deschutes County Tax Office or a local tax professional for the most up-to-date and accurate information.