Example of Livingston Parish Property Tax Calculation
Livingston Parish calculates property taxes for residents based on their property's assessed value. To calculate the property tax, the assessed value is multiplied by the tax rate.
For example, if a 10-year-old owns a property in Livingston Parish that has an assessed value of $100,000 and the tax rate is 1%, the property tax would be $1,000. This means that the property owner would owe $1,000 in taxes for the year.
It's important to note that property tax rates can vary based on the location within the parish and other factors. Property owners can check with the Livingston Parish assessor's office or consult their tax bill for specific information about their property tax calculation.
If you want appeal your property tax assessment - contact your local tax assessor.
Livingston Parish Property Tax Rates
The following table lists the property tax rates for Livingston Parish in Louisiana. The rates are based on the assessed value of the property and are expressed as a rate per $100.
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Schools | 9.23 |
| Parish | 7.61 |
| Fire | 10.80 |
| Library | 3.53 |
It is important to note that these rates can vary depending on the specific location and property type within Livingston Parish. As a tax advisor, it is recommended to consult with local tax authorities or a professional for personalized tax advice.
Who sets property tax rates in Livingston Parish ?
In Livingston Parish, the property tax rates are set by the Livingston Parish Council. They meet annually to establish the rates for the upcoming year. The rates vary depending on the type of property, such as residential, commercial or industrial. The tax amount is based on the property's assessed value, which is determined by the Livingston Parish Assessor's Office. Property taxes are due each year on December 31st. If not paid by that time, penalties and interest may be applied. It is important for property owners in Livingston Parish to stay informed of any changes in tax rates or deadlines.
Homestead exemptions in Livingston Parish ?
To help residents of Livingston Parish, Louisiana understand their county-specific Homestead exemptions and deductions, a table has been created with the following columns:
- Exemption: This column describes the specific exemption available for homeowners in Livingston Parish.
- Eligibility: This column outlines the requirements for qualifying for the exemption.
- Amount: This column displays the amount of the exemption, if applicable.
- Notes: This column provides additional information or details about the exemption.
Below are the Homestead exemptions and deductions available in Livingston Parish:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Homestead Exemption | Owner-occupied homes | Up to $75,000 | Must be filed by April 1st |
| Senior Citizens Exemption | Owner-occupied homes by residents 65 years and older | $7,500 | Must file annually by September 1st |
| Special Assessment Level Freeze | Owner-occupied homes by residents 65 years and older OR those with a permanent disability | Property assessment cannot increase | Must file annually by September 1st |
| Veterans Exemption | Owner-occupied homes by veterans with a service-connected disability | Up to $150,000 | Must file annually by September 1st |
It's important to note that each exemption may have additional requirements and limitations beyond those listed in this table. Homeowners in Livingston Parish are encouraged to consult with their local tax assessor's office for more information and guidance on how to apply for these important deductions.
When is Livingston Parish Property Tax due ?
Livingston Parish Property Tax is typically due on December 31st each year. Property owners must pay their property taxes before this deadline to avoid penalties and interest charges.
There are several payment methods available for property tax payments in Livingston Parish:
| Payment Method | Description |
|---|---|
| Online | Property owners can pay their property taxes online using a credit or debit card. They can also set up automatic payments to ensure timely payments each year. |
| By Mail | Property owners can mail their property tax payments to the Livingston Parish Tax Collector's Office. Payments must be postmarked on or before the due date to avoid penalties and interest charges. |
| In Person | Property owners can pay their property taxes in person at the Livingston Parish Tax Collector's Office. Cash, check, and credit cards are accepted as forms of payment. |
It is important for property owners to keep track of their property tax payments and their due dates to avoid penalties and interest charges. Additionally, property owners should contact the Livingston Parish Tax Collector's Office if they have any questions or concerns about their property tax payments.
If you have more questions - contact your local tax collector.
How is Livingston Parish Property Tax penalty calculated ?
Livingston Parish Property Tax Penalty Calculation
When a property owner fails to pay their property taxes by the due date, they are subject to penalties and interest charges. The penalty for late payment of property taxes in Livingston Parish is calculated as follows:
- 1% penalty per month: Property owners who fail to pay their property taxes by the due date incur a penalty of 1% per month until the taxes are paid in full.
- 5% penalty after 90 days: If the property taxes remain unpaid after 90 days from the due date, an additional penalty of 5% of the total unpaid taxes is added.
Example:
John owns a property in Livingston Parish and his property taxes are due on December 31st, 2021. However, he fails to pay his taxes on time and makes his payment on March 15th, 2022. Here's how the penalty would be calculated:
- January 1, 2022: John incurs a 1% penalty, which is calculated as 1% of the total unpaid taxes as of January 1st.
- February 1, 2022: John incurs another 1% penalty, which is calculated as 1% of the total unpaid taxes as of February 1st.
- March 1, 2022: John incurs a third 1% penalty, which is calculated as 1% of the total unpaid taxes as of March 1st.
- March 15, 2022: John's payment is received, but he has already incurred a penalty of 3% (1% for each month of January, February, and March).
- April 1, 2022: John incurs an additional 5% penalty, which is calculated as 5% of the total unpaid taxes as of April 1st.
In this example, John's total penalty would be 8% of the total unpaid taxes (3% from the 1% monthly penalties + 5% from the 90-day penalty). It's important for property owners in Livingston Parish to pay their property taxes on time to avoid incurring additional penalties and interest charges.
We recommend contacting the Livingston Parish Tax Office or a local tax professional for the most up-to-date and accurate information.