Massac County property tax

Example of Massac County Property Tax Calculation

Calculating property tax in Massac County is a simple process. First, the property's assessed value is determined by the County Assessor's office. This is based on the market value of the property, and takes into account any improvements or changes made to the property since the last assessment.

Once the assessed value is determined, the property tax rate is applied. In Massac County, the tax rate for residential property is currently 6.03%. Commercial properties have a slightly higher tax rate of 6.51%.

To calculate the property tax, simply multiply the assessed value by the tax rate. For example, if a residential property has an assessed value of $100,000, the property tax would be $6,030 (100,000 x 0.0603).

It's important to note that property taxes are collected by the county government, and are used to fund local services such as schools, libraries, and emergency services. Property owners in Massac County can also take advantage of various tax exemptions and credits, such as the Homestead Exemption for homeowners over 65 years old.

If you want appeal your property tax assessment - contact your local tax assessor.

Massac County Property Tax Rates

Here's the list of Massac County Property Tax rates in a formatted table:

These rates are for the tax year 2021 and are subject to change. It's important to note that property owners in Massac County may also be subject to additional taxes, such as school district taxes or special assessments.

Who sets property tax rates in Massac County ?

In Massac County, property tax rates are set by the County Board of Commissioners. This is typically done annually during budget hearings in the fall, with taxes due the following year. Property tax rates are calculated based on the assessed value of a property, which is determined by the Massac County Assessor's Office. The assessed value is then multiplied by the tax rate to determine the amount of taxes owed. Property owners in Massac County can visit the County Assessor's website to view their property's assessed value and any applicable tax rates.

Homestead exemptions in Massac County ?

In Massac County, Illinois, homeowners may be eligible for several Homestead exemptions and deductions. Here are the details:

Notes:

• To apply for these exemptions, homeowners must file an application with the Massac County Assessor's Office.
• Homeowners may only receive one General Homestead Exemption on a property.
• Seniors may only receive one exemption (either Senior Citizen Homestead Exemption or Senior Assessment Freeze).
• The Disabled Veterans Homestead Exemption is also available to surviving spouses of veterans who meet the eligibility requirements.

When is Massac County Property Tax due ?

Massac County Property Tax is typically due on November 1st every year. However, taxpayers have the option of paying in two installments - the first half is due on June 1st, and the second half is due on September 1st. It's important to note that if the first half isn't paid by June 1st, the entire amount is due on November 1st, along with any penalties and interest.

There are several payment methods available to taxpayers. These include:

• In person: Taxpayers can pay in person at the Massac County Treasurer's Office, located at 1 Superman Square in Metropolis, IL.
• By mail: Payments can be mailed to the Massac County Treasurer's Office at P.O. Box 429, Metropolis, IL 62960. Checks should be made payable to "Massac County Treasurer."
• Online: Taxpayers can pay online using a credit or debit card at the Massac County Treasurer's website. There is a convenience fee for this service.
• By phone: Payments can be made by phone using a credit or debit card by calling the Massac County Treasurer's Office at (618) 524-5213. Again, there is a convenience fee for this service.

It's important to pay property taxes on time to avoid penalties and interest. If you have any questions about your property tax bill or payment options, contact the Massac County Treasurer's Office for assistance.

If you have more questions - contact your local tax collector.

How is Massac County Property Tax penalty calculated ?

Massac County Property Tax Penalty Calculation

Massac County levies property tax on all real estate properties within its jurisdiction. Property owners who fail to pay their taxes on time are subject to a penalty fee. The penalty fee is calculated based on the amount of unpaid tax and the length of time it remains unpaid.

The penalty fee is assessed at a rate of 1.5% per month or a fraction of a month, starting from the due date of the tax payment. The maximum penalty fee allowed by law is 50% of the unpaid tax amount.

Here is an example:

Suppose a property owner owes a property tax of $2,000 to Massac County, and the due date for payment is January 1. However, the owner fails to pay the tax on time and makes the payment on March 1. The penalty fee would be calculated as follows:

• First month penalty (January): $2,000 x 1.5% = $30
• Second month penalty (February): $2,000 x 1.5% = $30
• Third month penalty (March): $2,000 x 1.5% = $30

The total penalty fee would be $90 (i.e., $30+$30+$30).

It is important for property owners in Massac County to pay their property taxes on time to avoid penalty fees. Failure to pay taxes can also result in legal action, including the sale of the property to pay the outstanding taxes.

We recommend contacting the Massac County Tax Office or a local tax professional for the most up-to-date and accurate information.

Massac County tax offices:

• Massac County tax assessor
• Massac County tax collector
• Massac County tax commissioner
• Massac County tax appraiser
• Massac County tag office