Example of Desha County Property Tax Calculation
Desha County calculates property taxes based on the assessed value of a property. The assessed value is determined by the county assessor and is usually a percentage of the property's fair market value. For example, if a property is assessed at 50% of its fair market value and the fair market value is $100,000, then the assessed value would be $50,000.
Once the assessed value is determined, the county applies a tax rate to calculate the property taxes owed. The tax rate is set by the county government and can vary from year to year. For example, if the tax rate is 2% and the assessed value of the property is $50,000, then the property taxes owed would be $1,000.
It's important to note that property taxes are used to fund local government services, such as schools, police and fire departments, and public works projects. Property owners are required by law to pay their property taxes on time or risk facing penalties and interest charges.
In summary, Desha County calculates property taxes based on the assessed value of a property and the county's tax rate. property owners should always pay their property taxes on time to support local government services.
If you want appeal your property tax assessment - contact your local tax assessor.
Desha County Property Tax Rates
Desha County Property Tax Rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $0.60 |
| County Library | $0.10 |
| County Road | $0.30 |
| County Solid Waste | $0.25 |
| County Hospital | $0.15 |
The above table displays the property tax rates in Desha County. These rates are calculated based on the assessed value of the property. The county charges separate taxes for various purposes, such as general services, library, road maintenance, solid waste management, and hospital facilities. The tax rates vary depending on the purpose of the tax. The County General tax has the highest rate of $0.60 per $100 of assessed value, while the County Library tax has the lowest rate of $0.10 per $100 of assessed value. The table is formatted to make it easy to read and understand the tax rates for each purpose.
Who sets property tax rates in Desha County ?
Who sets property tax rates in Desha County?
The property tax rates in Desha County are set by the Desha County Quorum Court. The Quorum Court is made up of elected officials who represent the different districts in the county.
When are property tax rates set in Desha County?
The property tax rates in Desha County are typically set annually during the budget process. The Quorum Court examines the county's finances and determines the amount of revenue needed to fund county services and projects. Based on this information, they set the property tax rates for the upcoming year.
| Who sets property tax rates? | Desha County Quorum Court |
|---|---|
| When are property tax rates set? | Annually during budget process |
Homestead exemptions in Desha County ?
In Desha County, Arkansas, there are various Homestead exemptions and deductions available to eligible homeowners. To help you understand what exemptions and deductions you may be eligible for, here is a table that outlines the details of each option:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | The homeowner must occupy the property as their primary residence. | Up to $35000 of assessed value of the home. | This exemption applies to all homeowners in Arkansas, and the amount of the exemption varies based on the assessed value of the home. The maximum exemption amount is $35000. |
| Disabled Veteran | The homeowner must be a veteran with a disability rating of at least 10%. | Up to $10000 of assessed value of the home. | This exemption is available to disabled veterans who own their home and occupy it as their primary residence. |
| Homestead Credit | The homeowner must be 65 years old or older, or blind, or disabled. | Up to $375 of property taxes. | This credit is applicable to homeowners who are 65 years old or older, or blind, or disabled. The credit amount varies based on the income of the homeowner. |
| County Tax Refund | The homeowner must be at least 65 years old, or disabled, or a surviving spouse of a person who received the Homestead Credit. | Up to $375 of property taxes. | This refund is available to homeowners who are 65 years old or older, or disabled, or a surviving spouse of a person who received the Homestead Credit. The refund amount varies based on the income of the homeowner. |
| Agricultural Land | The homeowner must use the land for agricultural purposes. | Up to 50% of the assessed value of the land. | This exemption is available to homeowners who use their land for agricultural purposes. The exemption applies to the assessed value of the land, and the maximum exemption amount is 50%. |
| Disabled Person | The homeowner must have a disability rating of at least 100%. | Up to $7500 of assessed value of the home. | This exemption is available to homeowners who have a disability rating of at least 100%. |
| Senior Citizen Freeze | The homeowner must be at least 65 years old, and the household income must not exceed $36000. | Frozen assessed value of the home. | This freeze ensures that the assessed value of the home remains the same as long as the homeowner is eligible for the exemption. The homeowner must apply for this freeze every year. |
It is important to note that these exemptions and deductions may not be applicable to all homeowners in Desha County. Homeowners should consult with their local tax assessor's office to determine their eligibility and obtain more information.
When is Desha County Property Tax due ?
Desha County Property Tax is typically due on October 15th every year. Property owners in Desha County can pay their property tax using several payment methods, including:
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Online payment: Desha County offers a convenient online payment system through their website. Property owners can pay using their credit/debit card or e-check.
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In-person payment: Property owners can also make their payment in person at the Desha County Tax Collector's office. The office is located at 401 Main Street in Arkansas City.
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Mail payment: Property owners can mail their payment to the Desha County Tax Collector's office. The mailing address is P.O. Box 188, Arkansas City, AR 71630.
It's important to note that if the due date falls on a weekend or holiday, the payment will be due on the next business day. Additionally, late payments are subject to penalties and interest fees.
Overall, it's essential for property owners in Desha County to make their property tax payment on time using one of the available payment methods to avoid additional fees and penalties.
If you have more questions - contact your local tax collector.
How is Desha County Property Tax penalty calculated ?
Desha County Property Tax Penalty Calculation
When Desha County property taxes are not paid on time, penalties are added to the amount due. The penalty is calculated based on a percentage of the tax owed, and the percentage increases over time.
Here is an example to help you understand how the penalty is calculated:
- John owns a house in Desha County and his property tax bill is $2,000.
- The due date for the taxes is October 15th, but John does not pay until December 1st.
- Because John did not pay on time, he incurs a penalty. The penalty rate in Desha County is 10% for the first 30 days past the due date, and an additional 5% for each additional 30-day period.
- John's penalty for being 47 days late would be calculated as follows:
- 10% penalty for first 30 days past due: $2,000 x 0.10 = $200
- An additional 5% penalty for the remaining 17 days: $2,000 x 0.05 = $100
- Total penalty: $200 + $100 = $300
In addition to the penalty, interest is also charged on the unpaid balance until it is paid in full.
It is important to note that if the property taxes are not paid at all, the county can place a lien on the property and eventually foreclose on it to collect the debt.
To avoid penalties and interest, it is recommended to pay property taxes on time. If you are unable to pay, contact the Desha County tax office to discuss payment options.
| Penalty Calculation | Amount |
|---|---|
| Original Tax Bill | $2,000 |
| 10% Penalty (30 days late) | $200 |
| Additional 5% Penalty (17 days late) | $100 |
| Total Penalty | $300 |
We recommend contacting the Desha County Tax Office or a local tax professional for the most up-to-date and accurate information.