Moore County property tax

Example of Moore County Property Tax Calculation

Moore County calculates property taxes based on the assessed value of the property. For example, if a home in Moore County has an assessed value of $200,000, and the tax rate is $0.50 per $100 of assessed value, the property tax would be $1,000.

To calculate the property tax, simply multiply the assessed value by the tax rate and divide by 100. So, for the example above, the calculation would be:

$200,000 x 0.50 / 100 = $1,000

It's important to note that property taxes may also include additional fees or assessments, such as school district taxes or special improvement district taxes. The specific details of the property tax calculation can be found on the Moore County tax assessor's website or by contacting the county tax office directly.

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

Moore County Property Tax Rates

Here is the table listing the Moore County property tax rates:

This table includes the various tax rates per $100 of assessed value for different areas within Moore County. The table is formatted in columns, with the first column listing the type of tax and the second column listing its corresponding rate. It is easy to read and provides useful information for those looking to better understand property tax rates in the area.

Who sets property tax rates in Moore County ?

Who sets property tax rates in Moore County?

The property tax rates in Moore County are set by the Moore County Board of Commissioners. This is a group of elected officials who are responsible for setting the budget and making decisions that affect the county.

When are property tax rates set in Moore County?

The property tax rates in Moore County are typically set annually, during the budgeting process. The Board of Commissioners will review the county's financial needs and determine the appropriate tax rate to cover those expenses.

It's important to note that property tax rates can fluctuate from year to year, depending on the county's financial situation and budget priorities. Property owners in Moore County can expect to receive a tax bill each year, based on the assessed value of their property and the current tax rate.

When is Moore County Property Tax due ?

Moore County Property Tax is typically due on September 1st of each year. However, taxpayers have until January 5th of the following year to pay their taxes without incurring any interest or penalties.

Here are the payment methods that are available:

It is important for taxpayers to remember to pay their property taxes on time to avoid any late fees or penalties. If you have any questions or concerns about your property taxes, please contact the Moore County Tax Collector's Office.

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

Homestead exemptions in Moore County ?

A table for Homestead exemptions and deductions in Moore County, Texas is presented below:

It is important to note that homeowners must apply for these exemptions and provide necessary documentation to the Moore County Appraisal District. Additionally, these exemptions may not apply to all types of taxes (such as municipal or utility taxes) and may have specific eligibility requirements. Homeowners should consult with the appraisal district or a tax professional for more information.

How is Moore County Property Tax penalty calculated ?

Moore County Property Tax Penalty Calculation:

When a property owner fails to pay their property taxes by the due date, a penalty will be levied on the unpaid balance. The penalty is calculated based on the age of the delinquent taxes and the amount owed.

The penalty rate for delinquent taxes in Moore County is 2% for the first month and 0.75% for each additional month that the taxes remain unpaid. The maximum penalty amount is 18%.

Here is an example to illustrate how the penalty is calculated:

Suppose a property owner owes $10,000 in property taxes to Moore County for the 2020 tax year. The due date for the taxes was January 5, 2021, but the owner failed to pay.

As of February 5, 2021, the taxes are one month delinquent, and the penalty rate is 2%. Therefore, the penalty amount will be $200 (2% of $10,000).

If the owner still doesn't pay the taxes and penalty by March 5, 2021, the taxes will be two months delinquent, and the penalty rate will be 2.75% (2% for the first month plus 0.75% for the second month). The penalty amount will be $275 (2.75% of $10,000).

This penalty calculation will continue for each additional month that the taxes remain unpaid until the maximum penalty amount of 18% is reached.

It's important to note that property owners who are experiencing financial hardship may be eligible for a payment plan or other options to avoid penalties and interest. Property owners should contact the Moore County Tax Office for more information.

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

Moore County tax offices:

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