Graham County property tax

Example of Graham County Property Tax Calculation

The property tax calculation in Graham County is based on the value of the property as assessed by the County Assessor's Office. The tax rate is determined by the County Board of Supervisors and is expressed as a percentage of the assessed value.

For example, if a property is assessed at $100,000 and the tax rate is set at 1.5%, the property tax would be calculated as follows:

$100,000 x 0.015 = $1,500

This means the property owner would owe $1,500 in property taxes for the year. It is important to note that property tax rates can change from year to year and can vary depending on the location and type of property.

Property taxes are used to fund local government services such as schools, police, and roads, so it is important to pay them in a timely manner to ensure the community continues to thrive.

If you want appeal your property tax assessment - contact your local tax assessor.

Graham County Property Tax Rates

Here is a table of the Graham County Property Tax rates for the year 2021:

These rates are subject to change and may vary depending on the specific location and property type. It is important for taxpayers to regularly review their property tax bills to ensure accuracy and to address any questions or concerns with the appropriate authority.

When is Graham County Property Tax due ?

According to the Graham County Treasurer's Office, property taxes are typically due on the following dates:

The due dates may vary slightly depending on weekends and holidays, so it's best to double-check with the Treasurer's Office.

Payment methods accepted for Graham County property taxes include:

• In-person payments at the Treasurer's Office
• Mail-in payments (check or money order)
• Online payments through the Graham County website

It's important to note that if the property owner does not pay their property taxes on time, they may face penalties and interest charges. Therefore, it's recommended to make timely payments and keep track of due dates.

If you have more questions - contact your local tax collector.

Who sets property tax rates in Graham County ?

Who sets property tax rates in Graham County?

The Graham County Board of Commissioners is responsible for setting the property tax rates in the county.

When are the property tax rates set in Graham County?

The property tax rates in Graham County are typically set annually, during the county's budget process. The Board of Commissioners holds public hearings to gather input from residents and stakeholders before finalizing the rates.

How are property tax rates determined in Graham County?

Property tax rates in Graham County are determined based on the assessed value of the property and the tax rate set by the Board of Commissioners. The assessed value is determined by the Graham County Tax Assessor's Office, and takes into account factors such as the size, location, and condition of the property.

What is the current property tax rate in Graham County?

As of 2021, the property tax rate in Graham County is $0.60 per $100 of assessed value. However, it's important to note that this rate is subject to change based on the county's budget and other factors.

Homestead exemptions in Graham County ?

To start with, Graham County in Arizona offers various Homestead exemptions and deductions to eligible residents. Here are the details of each of them:

Here is a list of all the county-specific Homestead exemptions and deductions in Graham County:

1. Standard Homestead Exemption

• Exemption: The Standard Homestead exemption provides a $3,000 reduction in the assessed value of a property.
• Eligibility: The property must be the owner's primary residence.
• Amount: $3,000 reduction in assessed value.
• Notes: There is no application required for this exemption. It is automatically applied to eligible properties.

2. Additional Homestead Exemption

• Exemption: The Additional Homestead exemption provides an additional $2,000 reduction in the assessed value of a property.
• Eligibility: The property must be the owner's primary residence and the owner must be over the age of 65 or have a disability.
• Amount: $2,000 reduction in assessed value.
• Notes: Eligible residents must apply for this exemption and provide required documentation.

3. Widow/Widower Exemption

• Exemption: The Widow/Widower exemption provides a $3,000 reduction in the assessed value of a property.
• Eligibility: The property must be the owner's primary residence and the owner must be a widow or widower.
• Amount: $3,000 reduction in assessed value.
• Notes: Eligible residents must apply for this exemption and provide required documentation.

4. Disabled Veterans Exemption

• Exemption: The Disabled Veterans exemption provides a property tax exemption for veterans with a service-connected disability.
• Eligibility: The veteran must have a service-connected disability rating of at least 10%.
• Amount: Full property tax exemption.
• Notes: Eligible veterans must apply for this exemption and provide required documentation.

5. Military Service Exemption

• Exemption: The Military Service exemption provides a property tax exemption for active-duty military service members.
• Eligibility: The service member must be on active duty and the property must be the service member's primary residence.
• Amount: Full property tax exemption.
• Notes: Eligible service members must apply for this exemption and provide required documentation.

It's important to note that there may be other Homestead exemptions and deductions available at the state level in Arizona. It's best to consult with a qualified tax professional or the local tax assessor's office for more information on these.

How is Graham County Property Tax penalty calculated ?

Overview

In Graham County, North Carolina, property owners have to pay property taxes each year. If they fail to pay these taxes on time, they may be subject to penalties. This article will explain how the penalty for late property tax payments is calculated in Graham County, and provide an example to illustrate.

Penalty Calculation

In Graham County, the penalty for late property tax payment is calculated using a simple formula. The penalty is 2% of the amount due, plus an additional 0.75% for each month that the payment is late. This means that the penalty increases each month until the payment is made in full.

Example

Suppose that John owns a property in Graham County, and he has failed to pay his property taxes on time. He owes $5,000 in property taxes, and the due date was January 1st. John has not paid anything by February 1st, so the penalty calculation begins.

• Penalty for February: 2% of $5,000 = $100, plus 0.75% of $5,000 = $37.50 (since it is one month late), for a total penalty of $137.50.

If John still does not pay anything by March 1st, the penalty will be calculated again based on the new balance of $5,137.50. The penalty for March would be:

• Penalty for March: 2% of $5,137.50 = $102.75, plus 0.75% of $5,137.50 = $38.53 (since it is two months late), for a total penalty of $141.28.

This pattern will continue until John pays his property taxes in full. As you can see, the penalty for late payment can add up quickly, so it is important to pay property taxes on time to avoid these fees.

Conclusion

In Graham County, property owners who do not pay their property taxes on time are subject to penalties. The penalty is calculated based on a simple formula that adds 2% of the amount due, plus 0.75% for each month that the payment is late. It is important to pay property taxes on time to avoid these fees, as they can add up quickly and become costly.

We recommend contacting the Graham County Tax Office or a local tax professional for the most up-to-date and accurate information.

Graham County tax offices:

• Graham County tax assessor
• Graham County tax collector
• Graham County tax commissioner
• Graham County tax appraiser
• Graham County tag office