Example of Donley County Property Tax Calculation
Donley County calculates property tax based on the assessed value of the property. The assessed value is multiplied by the tax rate to determine the amount of property tax owed. For example, if a property in Donley County has an assessed value of $100,000 and the tax rate is 2%, the property tax owed would be $2,000 per year. The tax rate is set by the Donley County Commissioners Court and varies depending on the needs of the county. Property owners in Donley County can contact the county tax assessor-collector's office for more information on their specific property taxes.
If you want appeal your property tax assessment - contact your local tax assessor.
Donley County Property Tax Rates
Donley County Property Tax Rates
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.5792 |
| City | $0.4373 |
| Independent School District | $1.1700 |
| Hospital District | $0.0950 |
| Total | $2.2815 |
The Donley County property tax rates for various entities are listed in the above table. The county tax rate is $0.5792 per $100 of assessed value. The city tax rate is $0.4373 per $100 of assessed value. The independent school district tax rate is $1.1700 per $100 of assessed value. The hospital district tax rate is $0.0950 per $100 of assessed value. The total tax rate for all entities is $2.2815 per $100 of assessed value.
Who sets property tax rates in Donley County ?
In Donley County, property tax rates are set by the Donley County Commissioners' Court. This is done annually during their budgetary process, which typically occurs in late summer or early fall. The Commissioners' Court considers various factors when setting tax rates, including the county's budgetary needs, anticipated revenue from other sources, and the overall economic climate. Once the tax rates are set, the Donley County Tax Assessor-Collector is responsible for calculating and collecting property taxes from residents and businesses.
Homestead exemptions in Donley County ?
In Donley County, Texas, there are several county specific Homestead exemptions and deductions available to residents. To help you navigate these options, we've put together a table with four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | $25,000 | Applies to all property types |
| Over 65 or Disabled Persons Exemption | Homeowners over 65 or disabled | $10,000 | Must provide proof of age or disability |
| Disabled Veteran Exemption | Disabled veterans | Varies based on percentage of disability | Must provide proof of disability and veteran status |
| Agricultural Use Exemption | Property used for agriculture | Varies based on acreage and use | Must provide proof of agricultural use |
It's important to note that these exemptions and deductions have specific eligibility requirements and may require documentation to prove qualification. Residents should also be aware that there may be additional exemptions or deductions available at the state or federal level.
If you are a homeowner in Donley County and would like to take advantage of these benefits, be sure to check the eligibility requirements and necessary documentation before applying.
When is Donley County Property Tax due ?
Donley County Property Tax is typically due on January 31st of each year. Property owners should receive their tax statements in October and November of the previous year, giving them ample time to prepare for payment.
There are several payment methods available for property tax payments in Donley County:
| Payment Method | Details |
|---|---|
| Online | Property owners can visit the Donley County Tax Assessor-Collector's website and pay their taxes online using a credit card or e-check. |
| In-Person | Property owners can visit the Donley County Tax Assessor-Collector's office and pay their taxes in-person using cash, check or money order. |
| Property owners can mail their tax payments to the Donley County Tax Office using a check or money order. |
It's important to note that penalties and interest will be added to any late payment of property taxes. Property owners should also make sure to keep their mailing address up-to-date with the tax office to ensure they receive their statements in a timely manner.
If you have more questions - contact your local tax collector.
How is Donley County Property Tax penalty calculated ?
Donley County Property Tax Penalty Calculation
When property owners fail to pay their property tax on time, they may be subject to penalties. Donley County uses a formula to calculate the penalty for late payments. The penalty is calculated based on the amount of tax owed and the number of days it is past due.
The formula used to calculate the penalty is as follows:
Penalty = (amount of tax owed) x (penalty rate) x (number of days late)
The penalty rate is set at 6% per annum, so for every 30 days that the tax is past due, the penalty rate is 0.5%.
For example, if a property owner owes $1,000 in property tax and is 60 days late in paying, the penalty would be calculated as follows:
Penalty = $1,000 x 0.005 x 60 = $30
Therefore, the total amount due including penalty would be $1,030.
It is important for property owners to pay their property taxes on time to avoid penalties and potential legal action. Donley County provides several payment options including online payments, in-person payments, and mailing in payments.
| Formula | Calculation |
|---|---|
| Penalty = | (amount of tax owed) x (penalty rate) x (number of days late) |
| Penalty rate | 6% per annum |
| Penalty rate after 30 days late | 0.5% |
| Example | Property owner owes $1,000 in tax, 60 days late in paying |
| Penalty Calculation | $1,000 x 0.005 x 60 = $30 |
| Total Amount Due | $1,030 |
We recommend contacting the Donley County Tax Office or a local tax professional for the most up-to-date and accurate information.