Example of Highland County Property Tax Calculation
Highland County calculates property taxes based on the assessed value of a property. For example, if a property is assessed at $100,000, and the tax rate is 2%, the property owner would owe $2,000 in property taxes for that year. The tax rate is determined by the county government and can vary depending on the location and type of property. The property owner can appeal the assessed value if they believe it is too high. The county uses property tax revenue to fund public services such as schools, roads, and law enforcement.
If you want appeal your property tax assessment - contact your local tax assessor.
Highland County Property Tax Rates
The table below shows the Highland County Property Tax rates for the current year:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| General Tax | $0.80 |
| Fire District Tax | $0.10 |
| School Tax | $0.75 |
| Municipal Tax | $0.25 |
These rates are subject to change each year and are based on the assessed value of the property. It is important for property owners in Highland County to stay up-to-date on their tax payments to avoid any penalties or fees.
Who sets property tax rates in Highland County ?
Who sets property tax rates in Highland County?
The Highland County Board of Supervisors is responsible for setting property tax rates in Highland County.
When are property tax rates set in Highland County?
Property tax rates are typically set annually, during the county's budget process. This usually occurs in the spring, and the new rates take effect on July 1st of each year.
It's important to note that property taxes are based on the assessed value of the property, which is determined by the Highland County Commissioner of the Revenue. The tax rate is then applied to this assessed value to determine the property tax owed.
Overall, property taxes are an important source of revenue for Highland County, and they play a crucial role in funding essential services like schools, public safety, and infrastructure. So, it is essential to stay updated on the current tax rates and any changes made to them.
Homestead exemptions in Highland County ?
Creating a table to list down all the county-specific Homestead exemptions and deductions in Highland County, Ohio would help taxpayers determine their eligibility for these benefits. Here's a table that lists the columns Exemption, Eligibility, Amount, and Notes, along with the details for each category:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Resident homeowners who are 65 years or older, or permanently and totally disabled | $25,000 of the home's appraised value | Must have been a resident of Ohio for at least one year |
| Non-Business Credit | Owner-occupied residential property used as the owner's primary residence | Up to $50 reduction in taxes owed | Applies to property with a taxable value of $1,000 or more |
| Current Agricultural Use Value (CAUV) | Agricultural land used for commercial purposes | Lower property valuation for taxes | Must meet specific county guidelines for commercial agricultural use |
| Owner-Occupancy Credit | Owner-occupied property used as the owner's primary residence | Up to $50 reduction in taxes owed | Applies to property with a taxable value of $1,000 or more |
| Disability Exemption | Residents who are permanently and totally disabled | $25,000 of the home's appraised value | Must provide proof of disability and meet specific county guidelines |
Highland County taxpayers should note that eligibility requirements and amounts may vary based on individual circumstances and county regulations. It's always best to confirm these details with the county tax assessor's office or a qualified tax professional.
By using markdown lists and tables, this information is easy to read and understand for adult readers in the USA.
When is Highland County Property Tax due ?
Highland County Property Tax is typically due on December 5th of each year. There are several payment methods available to taxpayers, including:
- Mail: Taxpayers can mail their payment to the Highland County Treasurer's Office. The address is 165 W. Main Street, Hillsboro, OH 45133.
- In-person: Taxpayers can make their payment in person at the Highland County Treasurer's Office during business hours. The office is open Monday through Friday, 8:30 a.m. to 4:00 p.m.
- Online: Taxpayers can pay their property tax online using the Highland County Treasurer's website. Payments can be made by credit card or e-check.
- By phone: Taxpayers can pay their property tax by phone using the automated system provided by the Highland County Treasurer's Office. Payments can be made by credit card or e-check.
It is important to note that if the due date falls on a weekend or holiday, the deadline will be extended to the next business day. Taxpayers who do not pay their property tax by the due date will be subject to penalties and interest.
If you have more questions - contact your local tax collector.
How is Highland County Property Tax penalty calculated ?
The Highland County Property Tax penalty is calculated based on the amount of taxes that are overdue. Property taxes are assessed annually, and the payment deadline is typically in the first few months of the year. If the taxes are not paid by the deadline, penalties will be added to the amount owed.
Here's an example:
Let's say Joe owns a property in Highland County, and his property taxes for the year are $2,000. The payment deadline is March 1st, but Joe forgets to pay until April 1st. By this point, he owes $2,000 plus a penalty. The penalty is calculated as a percentage of the amount owed, and the percentage varies depending on how long the payment is past due.
In Highland County, the penalty for late payment is calculated as follows:
- 10% if paid after March 1st but before April 1st
- An additional 5% for every additional month the payment is overdue
So, in Joe's case, he would owe:
- $2,000 (original tax amount)
- $200 (10% penalty for paying one month late)
If he still doesn't pay by May 1st, he would owe:
- $2,000 (original tax amount)
- $200 (10% penalty for paying one month late)
- $100 (5% penalty for being two months late)
And so on, until he pays the full amount owed.
It's important to note that these penalties can add up quickly, so it's always best to pay property taxes on time to avoid them. Additionally, if the taxes remain unpaid for an extended period of time, the county may place a lien on the property, which can lead to further legal action.
We recommend contacting the Highland County Tax Office or a local tax professional for the most up-to-date and accurate information.