Example of Gordon County Property Tax Calculation
Gordon County calculates property tax based on the value of the property owned. For example, if someone owns a property in Gordon County with a value of $100,000, the property tax rate for the county is 1.5%, and the school district tax rate is 1.0%, the calculation would be as follows:
- Property value: $100,000
- County tax rate: 1.5% (0.015)
- County tax amount: $1,500 (100,000 x 0.015)
- School district tax rate: 1.0% (0.01)
- School district tax amount: $1,000 (100,000 x 0.01)
- Total property tax amount: $2,500 ($1,500 + $1,000)
It is important to note that property tax rates and values may vary depending on the location and specific circumstances of the property.
If you want appeal your property tax assessment - contact your local tax assessor.
Gordon County Property Tax Rates
The following table lists the current property tax rates for Gordon County in Georgia, as of 2021:
Tax | Rate per $100 of Assessed Value |
---|---|
County | $11.63 |
City of Calhoun | $7.00 |
City of Fairmount | $8.00 |
City of Resaca | $7.25 |
It's important to note that these rates may vary depending on individual property assessments and any applicable exemptions or deductions. Property owners in Gordon County should consult with a qualified tax advisor for personalized guidance and advice on their specific tax situation.
Who sets property tax rates in Gordon County ?
In Gordon County, property tax rates are determined by the Gordon County Board of Assessors. The Board sets the rates for both real and personal property, as well as for both residential and commercial properties. The rates are typically set annually and are based on the assessed value of the property. The assessed value is determined by the Board based on factors such as property improvements, market trends, and other relevant factors. It is important to note that property taxes may also be affected by factors such as local ordinances, state laws, and exemptions. Property owners in Gordon County should stay informed about any changes to property tax rates and seek the advice of a tax professional if they have questions or concerns.
When is Gordon County Property Tax due ?
According to the Gordon County government website, property taxes are due on November 15th of each year. However, if November 15th falls on a weekend or holiday, then the due date will be the next business day.
As for payment methods, there are several options available to property owners in Gordon County:
Payment Method | Description |
---|---|
Online | Property owners can pay their taxes online using a credit card, debit card, or e-check. A convenience fee will apply. |
By Mail | Property owners can mail in their tax payment along with a check or money order. The payment should be made payable to the Gordon County Tax Commissioner. |
In Person | Property owners can pay their taxes in person at the Gordon County Tax Commissioner's Office. Payments can be made using cash, check, or credit card. A convenience fee will apply for credit card payments. |
It is important to note that if property owners fail to pay their taxes by the due date, they will incur penalties and interest charges. Therefore, it is recommended that property owners make their payments on time to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Gordon County Property Tax penalty calculated ?
Gordon County Property Tax Penalty Calculation
Property owners in Gordon County are required to pay property taxes annually. However, failure to pay the taxes on time results in a penalty being imposed on the outstanding balance. The Gordon County Tax Commissioner's office imposes a penalty of 1% per month on the unpaid balance, starting on the day after the due date.
To illustrate how the penalty is calculated, let's consider a hypothetical example:
- John owns a property in Gordon County and has an annual property tax bill of $5,000.
- The due date for the tax payment is January 1st of every year.
- John fails to pay the tax bill by the due date and is now 3 months late.
To calculate the penalty, the unpaid balance is multiplied by 1% for each month it is late. In John's case:
- Unpaid balance = $5,000
- Months late = 3
- Penalty rate = 1% per month
- Penalty amount = $5,000 x 1% x 3 = $150
Therefore, John's total property tax bill with penalty would be $5,150 ($5,000 + $150).
It is important for property owners in Gordon County to pay their property taxes on time to avoid incurring penalty fees. The penalty fees can accumulate quickly and become a significant burden on the property owner.
Homestead exemptions in Gordon County ?
Table: Homestead Exemptions and Deductions in Gordon County, Georgia
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Standard Homestead Exemption | Any homeowner | Up to $2,000 | Applies to primary residence |
Senior Citizen Exemption | Homeowner 65 years or older | Additional $4,000 | Applies to primary residence |
Disability Exemption | Homeowner with a disability | Additional $2,000 | Applies to primary residence |
Veteran Exemption | Veteran with honorable discharge | Additional $4,000 | Applies to primary residence |
Surviving Spouse Exemption | Spouse of a deceased homeowner | Additional $2,000 | Applies to primary residence |
Conservation Use Exemption | Landowner with conservation use | Up to 100% | Applies to eligible land |
Agricultural Use Exemption | Landowner with agricultural use | Up to 100% | Applies to eligible land |
Gordon County, located in Georgia, offers various homestead exemptions and deductions to eligible homeowners and landowners. These exemptions and deductions can reduce the property tax burden for those who qualify.
The Standard Homestead Exemption is available to any homeowner and provides up to $2,000 in property tax reduction for their primary residence. Homeowners who are 65 years or older can also apply for the Senior Citizen Exemption, which provides an additional $4,000 in property tax reduction. Homeowners with a disability can receive an additional $2,000 in property tax reduction through the Disability Exemption.
Veterans with honorable discharge can apply for the Veteran Exemption, which provides an additional $4,000 in property tax reduction for their primary residence. Surviving spouses of deceased homeowners can also receive an additional $2,000 in property tax reduction through the Surviving Spouse Exemption.
Landowners with conservation use can apply for the Conservation Use Exemption, which offers up to 100% property tax reduction for eligible land. Similarly, landowners with agricultural use can apply for the Agricultural Use Exemption, which also offers up to 100% property tax reduction for eligible land.
Overall, homeowners and landowners in Gordon County have access to a variety of homestead exemptions and deductions that can help reduce their property tax burden.
We recommend contacting the Gordon County Tax Office or a local tax professional for the most up-to-date and accurate information.