Example of Le Flore County Property Tax Calculation
Le Flore County Property Tax calculation is determined by multiplying the assessed value of a property with the county’s tax rate.
For example, if a property in Le Flore County has an assessed value of $100,000 and the county’s tax rate is 1.5%, then the property owner would owe $1,500 in property taxes.
To calculate the assessed value of a property, Le Flore County uses a percentage of the property’s market value. This percentage is determined by the state and is currently set at 11%. So, if a property’s market value is $200,000, the assessed value would be $22,000 (11% of $200,000).
It’s important to note that property taxes in Le Flore County can vary based on different factors, such as location, size, and age of the property. Property owners should contact the county’s tax assessor’s office for more specific information about their property tax calculation.
If you want appeal your property tax assessment - contact your local tax assessor.
Le Flore County Property Tax Rates
Here is a formatted table of Le Flore County Property Tax rates in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $0.583 |
| County Health | $0.200 |
| County Library | $0.143 |
| County Emergency Services | $0.050 |
| Poteau School District | $1.240 |
| Howe School District | $1.275 |
| Panama School District | $1.260 |
| Pocola School District | $1.215 |
| Shady Point School District | $1.275 |
Please note that these rates are subject to change and individual property assessments may vary. It is recommended to consult with a qualified tax advisor for specific information on property taxes in Le Flore County.
Who sets property tax rates in Le Flore County ?
Who Sets Property Tax Rates in Le Flore County?
Property tax rates in Le Flore County, located in the state of Oklahoma, are set by various entities. The following are responsible for setting property tax rates:
| Entity | Responsibility |
|---|---|
| Le Flore County Board of Commissioners | Sets the county's general fund millage rate, which funds the county's operations, and the county's emergency services district millage rate, which funds the county's emergency response services. |
| Le Flore County Assessor | Determines the assessed value of each property in the county, which is used to calculate property taxes. |
| Le Flore County Treasurer | Collects property taxes on behalf of the county and other entities, such as school districts and municipalities, that levy property taxes. |
Property tax rates in Le Flore County are determined annually and are based on the assessed value of properties, as well as the funding needs of the various entities that levy property taxes. Property owners in Le Flore County can expect to receive a property tax bill from the county treasurer's office each year, which will include the property's assessed value, applicable tax rates, and the amount due.
Homestead exemptions in Le Flore County ?
The table below outlines the Homestead exemptions and deductions available in Le Flore County, Oklahoma. These exemptions and deductions are county-specific and can help eligible homeowners save on their property taxes.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| County Assessor's Homestead Exemption | Primary residence of the homeowner | $1,000 | Must be applied for by March 15th |
| Homestead Exemption for Disabled Veterans | Veteran with a service-related disability rating of 100% | Full exemption of the appraised value | Must provide proof of disability and honorable discharge |
| Homestead Exemption for Senior Citizens | Homeowner over the age of 65 | $1,000 or 50% of the appraised value, whichever is greater | Must be applied for by March 15th |
| Agricultural Land Exemption | Agricultural land used for agricultural purposes | Varies | Must provide proof of agricultural use |
It's important to note that eligibility requirements for each exemption may vary and homeowners should consult with the Le Flore County Assessor's office for more information. Additionally, homeowners must file for these exemptions by the designated deadlines in order to receive them. By taking advantage of these Homestead exemptions and deductions, eligible homeowners in Le Flore County can save on their property taxes.
When is Le Flore County Property Tax due ?
Le Flore County Property Tax is typically due on December 31st of each year. Property owners can pay their taxes using multiple methods, including:
| Payment Method | Details |
|---|---|
| Property owners can mail their payments to the Le Flore County Treasurer's office using a check or money order. The address is provided on the property tax bill. | |
| In Person | Property owners can pay their taxes in person at the Le Flore County Treasurer's office. The office is located in Poteau, Oklahoma and accepts cash, check, or money order as payment. |
| Online | Property owners can pay their taxes online through the Le Flore County Treasurer’s website. Payment can be made using a credit or debit card, and a convenience fee may apply. |
It is important to note that failure to pay property taxes on time can result in penalties and interest charges. Therefore, it is recommended that property owners pay their taxes before the due date to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Le Flore County Property Tax penalty calculated ?
Le Flore County Property Tax Penalty Calculation:
When a property owner fails to pay their property taxes on time, a penalty is added to their bill. Le Flore County calculates the penalty based on the amount owed and the number of days past due. Here is an example of how the penalty is calculated:
| Amount Owed | Penalty for First Month | Penalty for Each Additional Month |
|---|---|---|
| $500 | $25 | $10 |
| $1,000 | $50 | $20 |
| $2,000 | $100 | $40 |
Let's say a property owner owes $1,000 in property taxes and fails to pay on time. The penalty for the first month would be $50. If they still haven't paid after one month, an additional penalty of $20 would be added for each additional month it remains unpaid.
It's important for property owners to pay their taxes on time to avoid these penalties and the possibility of their property being seized for nonpayment. If you have any questions about your property taxes or penalties, contact the Le Flore County tax assessor's office for more information.
We recommend contacting the Le Flore County Tax Office or a local tax professional for the most up-to-date and accurate information.