Example of Dillon County Property Tax Calculation
Dillon County property tax is calculated based on the assessed value of the property. For example, if a property in Dillon County has an assessed value of $100,000, the property tax rate of 0.585% would be applied to calculate the annual property tax amount.
To calculate the property tax, the assessed value of the property would be multiplied by the tax rate percentage. In this case, 0.585% of $100,000 would result in an annual property tax payment of $585.
It is important to note that property tax rates can vary based on location and the type of property owned. It is recommended to consult with a tax professional or the Dillon County tax assessor's office for specific information on property tax calculations.
If you want appeal your property tax assessment - contact your local tax assessor.
Dillon County Property Tax Rates
Here is the table of Dillon County Property Tax rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General Fund | $0.67 |
| County Debt Services | $0.08 |
| School District | $0.65 |
| Municipal | Depends on location |
The County General Fund tax rate is set at $0.67 per $100 of assessed value. Additionally, there is a County Debt Services tax rate of $0.08 per $100 of assessed value. The School District tax rate is set at $0.65 per $100 of assessed value. Finally, the Municipal tax rate varies depending on the location within the county. This table should provide a clear overview of the various property tax rates in Dillon County.
Who sets property tax rates in Dillon County ?
Who sets property tax rates in Dillon County?
The Dillon County Council is responsible for setting property tax rates in Dillon County. They do so annually during budget hearings, and the rates are determined based on the budget needs of the county.
When are property tax rates set in Dillon County?
Property tax rates in Dillon County are set annually during budget hearings. The specific timing of these hearings may vary from year to year, but they typically occur in the spring or early summer. Property owners in Dillon County can expect to receive their tax bills shortly after the rates are set.
| Responsible Party | Timing | Process |
|---|---|---|
| Dillon County Council | Annually | Sets rates based on budget needs during budget hearings |
It is important for property owners in Dillon County to stay informed about these budget hearings and the property tax rates being proposed. Attending council meetings or monitoring local news sources can be good ways to stay up to date on these developments.
Homestead exemptions in Dillon County ?
To help homeowners in Dillon County, South Carolina, understand their eligibility for Homestead exemptions and deductions, we have created a table outlining the county-specific options. The table includes four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Primary residence | $50,000 | Must apply by January 15th |
| Over 65 Exemption | Primary residence, age 65 or older | $50,000 | Must apply by January 15th |
| Disabled Veteran's Exemption | Primary residence, disabled veteran with proof of disability | $50,000 | Must apply by January 15th |
| Military Exemption | Primary residence, active duty military | 100% of fair market value | Must apply within 6 months of moving to Dillon County |
| School Operating Exemption | Primary residence | Varies by school district | Must apply by January 15th |
| City/County Operating Exemption | Primary residence | Varies by municipality | Must apply by January 15th |
| Agricultural Exemption | Property used for agriculture | Varies by acreage | Must apply by January 15th |
It's important to note that homeowners must meet specific eligibility requirements for each exemption or deduction. Additionally, all applications for exemptions and deductions must be submitted by January 15th of each year unless otherwise noted.
We hope this table helps Dillon County residents understand their options for Homestead exemptions and deductions. For more information or assistance with the application process, please contact your local county assessor's office.
When is Dillon County Property Tax due ?
Dillon County Property Tax typically is due on January 15th of each year. However, if the 15th falls on a weekend or holiday, payment is due on the next business day.
There are several payment methods available for residents of Dillon County. These payment methods include:
| Payment Method | Description |
|---|---|
| Online | Residents can pay their property taxes online through the Dillon County website. |
| In-person | Residents can pay their property taxes in-person at the Dillon County Treasurer's Office during regular business hours. |
| Residents can mail their property tax payment to the Dillon County Treasurer's Office using the address provided on their tax statement. | |
| Drop-box | A drop-box is available outside the Treasurer's Office for residents who wish to drop off their payment outside of business hours. |
It is important to note that failure to pay property taxes on time may result in penalties and interest charges. Therefore, residents are encouraged to make their payments in a timely manner and to utilize the payment method that best suits their needs.
If you have more questions - contact your local tax collector.
How is Dillon County Property Tax penalty calculated ?
Dillon County Property Tax Penalty Calculation
When a property owner fails to pay their property taxes on time, Dillon County imposes a penalty on the outstanding amount. The penalty is calculated as a percentage of the unpaid taxes and accrues each month until the taxes are paid in full.
To understand how the penalty is calculated, take a look at the following example:
Suppose Joe owns a property in Dillon County, and his property taxes for the year are due on January 1st. However, Joe fails to pay his taxes until May 1st. The total amount of taxes due is $2,000.
The Dillon County Property Tax Penalty is calculated as follows:
| Month | Penalty Rate | Penalty Amount |
|---|---|---|
| January | 0% | $0.00 |
| February | 3% | $60.00 |
| March | 4% | $80.00 |
| April | 5% | $100.00 |
| May | 6% | $120.00 |
Based on the above table, Joe's total penalty would be $360.00 ($60.00 + $80.00 + $100.00 + $120.00). This penalty amount is added to the $2,000 in unpaid taxes, bringing Joe's total amount owed to $2,360.00.
It is important to note that penalties and interest continue to accrue until the full amount of taxes owed, including penalties and interest, are paid in full. Therefore, it is always best to pay property taxes on time to avoid unnecessary penalties and interest charges.
We recommend contacting the Dillon County Tax Office or a local tax professional for the most up-to-date and accurate information.