Example of La Paz County Property Tax Calculation
La Paz County calculates property tax 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.
For example, if a property in La Paz County has an assessed value of $100,000, the property tax rate for the area is 1%, and there are no exemptions or special assessments, the property owner would owe $1,000 in property taxes.
It's worth noting that property taxes in La Paz County are used to fund local government services such as schools, police and fire departments, and road maintenance. The county also offers various exemptions and credits for eligible individuals, such as veterans and senior citizens, to help offset the cost of property taxes.
If you want appeal your property tax assessment - contact your local tax assessor.
La Paz County Property Tax Rates
La Paz County Property Tax Rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.7122 |
| School District | $4.9356 |
| Community College | $2.2567 |
| Fire District | $2.1469 |
| Library District | $0.2641 |
Note: These tax rates are subject to change and may vary based on the location and value of the property. It is recommended to consult with a tax advisor for specific information about property tax rates in La Paz County.
Who sets property tax rates in La Paz County ?
Who sets property tax rates in La Paz County? The La Paz County Board of Supervisors is responsible for setting the property tax rates in the county.
When are property tax rates set in La Paz County? The property tax rates in La Paz County are set annually in August.
Below is a table outlining the property tax rates for La Paz County for the year 2021:
| Property Type | Tax Rate |
|---|---|
| Residential | 0.7402 |
| Commercial | 1.1185 |
| Vacant Land | 2.2382 |
It is important to note that property tax rates may vary depending on the specific location and classification of the property. In order to obtain the most accurate and up-to-date information about property tax rates, it is recommended that individuals consult with a licensed tax professional.
Homestead exemptions in La Paz County ?
To assist La Paz County residents in understanding Homestead exemptions and deductions, a table has been created outlining each county-specific benefit. The table includes four columns: exemption, eligibility, amount, and notes. Please refer to the table below for additional information:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Limited-Income Senior Citizen | Age 65 or older, income < $3,000 | $3,000 | * Applicant must own and occupy primary residence |
| Limited-Income Disabled Person | Permanently disabled, income < $3,000 | $3,000 | * Applicant must own and occupy primary residence |
| Widows or Widowers | Surviving spouse of qualifying veteran, income < $10,000 | $3,000 | * Applicant must own and occupy primary residence |
| Military Service | Qualifying veteran, income < $10,000 | $3,000 | * Applicant must own and occupy primary residence |
| Primary Residence | Owner-occupied | $3,000 | * No income limit |
| Tangible Personal Property | N/A | $1,000 | * Exemption applied to first $1,000 |
| Disabled Veteran | 100% service-connected disability | 100% | * Applies to property owned and occupied by veteran |
| Totally Disabled Person | Permanently disabled, income < $10,000 | $3,000 | * Applicant must own and occupy primary residence |
It is important for La Paz County residents to note that eligibility requirements may vary for each exemption or deduction. Additionally, some exemptions may only apply to specific types of property or may have additional qualifications. Applicants are encouraged to visit the La Paz County Assessor's Office for further information and to ensure that they meet all necessary requirements.
When is La Paz County Property Tax due ?
La Paz County Property Tax is typically due on October 1st of every year. However, if the due date falls on a weekend or a holiday, the deadline is extended until the next business day.
There are several payment methods available to property owners in La Paz County. These include:
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Online: Property owners can pay their property taxes online using a credit or debit card through the county's website.
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By mail: Payments can be made by mailing a check or money order to the La Paz County Treasurer's Office.
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In-person: Payments can be made in person at the La Paz County Treasurer's Office. Cash, checks, and credit/debit cards are all accepted.
It is important to note that failure to pay property taxes by the due date can result in penalties and interest charges. Therefore, property owners are encouraged to make timely payments to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is La Paz County Property Tax penalty calculated ?
La Paz County Property Tax Penalty Calculation
In La Paz County, Arizona, property owners are required to pay property taxes on an annual basis. Failure to pay property taxes by the due date will result in penalties and interest charges. The penalty for late payment is calculated based on the amount of taxes due and the length of time the payment is overdue.
Calculation of Penalty:
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If the taxes are not paid by the due date, a penalty of 16% will be charged on the first $1,000 of the delinquent tax amount and an additional 1.5% for every $100 or portion thereof over $1,000 will be charged.
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After 60 days, interest will begin to accrue on the unpaid amount at a rate of 1.5% per month, compounded monthly.
Example:
If a property owner owes $3,500 in property taxes and fails to pay by the due date, the penalty would be calculated as follows:
- Penalty on the first $1,000 = $160 (16% of $1,000)
- Penalty on the remaining $2,500 = $37.50 (1.5% of $2,500)
- Total Penalty = $197.50
If the payment is still not made after 60 days, interest will begin to accrue at a rate of 1.5% per month, which would result in additional charges of $52.50 per month.
It is important to note that the penalty and interest charges will continue to accrue until the taxes are paid in full. Therefore, it is advised to pay property taxes on time to avoid unnecessary charges.
We recommend contacting the La Paz County Tax Office or a local tax professional for the most up-to-date and accurate information.