Example of Howell County Property Tax Calculation
In Howell County, property tax is calculated based on the assessed value of the property. The assessed value is determined by the county assessor's office and is typically a percentage of the property's fair market value.
To calculate the property tax for a specific property, the assessed value is multiplied by the county tax rate. The county tax rate varies depending on the location within the county and can be found on the county website or by contacting the county tax office.
For example, if a property in Howell County has an assessed value of $100,000 and the county tax rate is 2%, the property tax calculation would be as follows:
$100,000 assessed value x 0.02 county tax rate = $2,000 property tax
It's important to note that property tax rates may change from year to year, so it's always a good idea to check with the county tax office for the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Howell County Property Tax Rates
The table below shows the Howell County property tax rates, with the rate per $100 of assessed value listed in the "Rate" column:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | 0.889 |
| City | 0.839 |
| School | 3.452 |
| Fire | 0.172 |
| Health | 0.167 |
| Library | 0.200 |
It is important to note that these rates may vary depending on factors such as location within the county and property type. It is recommended that individuals consult with a tax professional for personalized advice.
Who sets property tax rates in Howell County ?
In Howell County, property tax rates are set by the Howell County Commission. This is typically done annually, and the rates may vary based on the property type and location within the county. Property tax rates are an important source of revenue for the county government, and they help to fund important public services like schools, emergency services, and infrastructure maintenance. It's important for property owners in Howell County to understand their tax obligations and to stay up-to-date on any changes to the tax rates or assessment process.
Homestead exemptions in Howell County ?
To help those living in Howell County, Missouri navigate homestead exemptions and deductions, we've compiled a table of common exemptions and eligibility requirements. This table includes four columns: exemption, eligibility, amount, and notes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Must be owner-occupied residence | Up to $5,000 in assessed value | Applies to primary residence |
| Homestead Preservation Credit | Must be a senior citizen or disabled person | Credit for the lesser of property tax increase or 5% of total taxes | Must file Form MO-PTS |
| Senior Citizens Property Tax Credit | Must be a senior citizen with adjusted gross income under $30,000 | Credit for 50% of property tax or $1,100, whichever is less | Must file Form MO-PTS |
| Disabled Veterans Exemption | Must be a veteran with at least 50% service-connected disability | Up to $100,000 in assessed value | Applies to primary residence |
| Surviving Spouse of Public Safety Officer | Must be surviving spouse of public safety officer killed in the line of duty | 100% exemption | Applies to primary residence |
| Disabled Person's Homestead Exemption | Must have permanent and total disability | Up to $1,000 in assessed value | Applies to primary residence |
It's important to note that the eligibility requirements and amounts listed above are specific to Howell County in Missouri. If you have questions about your particular situation, we recommend contacting your local county assessor's office for more information.
When is Howell County Property Tax due ?
Howell County Property Tax Due Date and Payment Methods
If you own property in Howell County, Missouri, you must pay property taxes on it every year. The due date for Howell County Property Tax is December 31st of each year. Here are some payment methods available for the taxpayers:
| Payment Method | How to Pay | Convenience Fees |
|---|---|---|
| Online | Visit the Howell County Collector's website, and pay using a Credit/Debit card or e-check | 2.75% for Credit/Debit cards, $0.50 for e-checks |
| Mail a check or money order to the Howell County Collector's office | No convenience fee | |
| In-person | Pay in-person at the Howell County Collector's office using cash, check, or money order | No convenience fee |
It is important to note that if you fail to pay your property taxes by the due date, you may incur penalties, interest charges, and even risk losing your property through a tax sale. Therefore, it is crucial to be aware of the due date and payment options available to you.
If you have more questions - contact your local tax collector.
How is Howell County Property Tax penalty calculated ?
Howell County Property Tax penalties are calculated based on a percentage of the unpaid taxes. The penalty rate is determined by the state and can vary from year to year.
Here is an example:
Let's say that John owns a property in Howell County and his annual property tax bill is $2,000. However, he fails to pay his taxes by the due date. After the due date, John incurs a penalty of 2% per month on the unpaid balance.
Assuming John did not pay his taxes for 3 months, the penalty would be calculated like this:
| Tax Bill | Penalty Rate | Penalty Duration | Penalty Amount |
|---|---|---|---|
| $2,000 | 2% | 3 months | $120 |
In this case, John's penalty would be $120, which is 2% of the $2,000 tax bill for each month he is late. This penalty would be added to his original tax bill, bringing his total owed amount to $2,120.
It's important to note that these penalties can add up quickly and can result in legal action being taken against the property owner. Therefore, it is recommended that property owners pay their taxes on time to avoid penalties and potential legal issues.
We recommend contacting the Howell County Tax Office or a local tax professional for the most up-to-date and accurate information.