Example of Navajo County Property Tax Calculation
Navajo County Property Tax calculation is based on the assessed value of the property. The assessed value is determined by the County Assessor's Office, which evaluates the property using various criteria such as location, size, and condition.
Once the assessed value has been determined, the property tax rate is applied to calculate the amount of tax owed. The tax rate is set by the County Board of Supervisors and can vary depending on various factors like local government budgets and expenditures.
To give an example, let's say a property in Navajo County has an assessed value of $200,000 and the tax rate is 1.5%. The property owner would owe $3,000 in property taxes for the year ($200,000 x 0.015 = $3,000).
It is important to note that property owners may qualify for exemptions or reductions in their property taxes, which can vary depending on their situation. They should contact the County Assessor's Office for more information on these options.
If you want appeal your property tax assessment - contact your local tax assessor.
Navajo County Property Tax Rates
The Navajo County Property Tax rates are as follows:
Tax | Rate per $100 of assessed value |
---|---|
County | $0.9285 |
Cities | Varies by location |
School | Varies by district |
Fire | Varies by location |
Special | Varies by location |
Note that the rates for cities, schools, fire, and special taxes vary by location within Navajo County. It is recommended that individuals consult with their local tax office for specific information on their property tax rates.
Who sets property tax rates in Navajo County ?
Who sets property tax rates in Navajo County?
The Navajo County Board of Supervisors sets the property tax rates in Navajo County.
When are property tax rates set in Navajo County?
The property tax rates in Navajo County are set annually in the month of August. The Board of Supervisors holds public hearings during this time to assess and determine the tax rates for the upcoming fiscal year.
Important things to know about property taxes in Navajo County
Here are a few additional things to keep in mind when it comes to property taxes in Navajo County:
Item | Information |
---|---|
Due date | Property taxes in Navajo County are due on October 1 each year. |
Payment options | Property owners can pay their taxes online, by mail, or in person at the Navajo County Treasurer's Office. |
Late fees | If property taxes are not paid by December 31, they are considered delinquent and are subject to late fees and interest charges. |
Exemptions | Certain property owners may be eligible for exemptions or reductions in their property tax rates, such as seniors or disabled individuals. |
By understanding how property tax rates are set in Navajo County and what the important deadlines and guidelines are, property owners can ensure that they stay current on their taxes and avoid any unnecessary fees or penalties.
Homestead exemptions in Navajo County ?
Navajo County in Arizona offers several Homestead exemptions and deductions that can help homeowners reduce their property taxes. Here are the details of each exemption and deduction:
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Standard Homestead Exemption | All homeowners | Up to $3,000 | Must be the primary residence |
Senior Property Valuation Protection Option | Homeowners 65 and older | Varies | Limits the increase of the property's assessed value |
Disabled Property Valuation Protection Option | Homeowners with permanent disability | Varies | Limits the increase of the property's assessed value |
Military Service Exemption | Veterans, widow(er)s of veterans, and active duty military personnel | 100% of assessed value | Must have served during wartime or in a combat zone |
Widows or Widowers Exemption | Widows or widowers of qualified individuals | Up to $2,500 | Must be the primary residence |
Blind Exemption | Blind individuals | Up to $2,500 | Must be the primary residence |
It's important to note that in order to qualify for these exemptions and deductions, homeowners must apply with the Navajo County Assessor's Office by the deadline each year. Homeowners should also keep in mind that some of these exemptions may not be stackable, meaning they cannot be combined for greater savings.
Overall, Navajo County offers a range of Homestead exemptions and deductions that can help eligible homeowners save money on their property taxes.
When is Navajo County Property Tax due ?
According to the Navajo County Treasurer's Office, property tax payments are typically due on October 1st of each year. However, taxpayers have the option to pay their taxes in two installments - half on October 1st and the other half on March 1st of the following year.
For those who wish to make their payments online, Navajo County offers an ePayment option on their website. This service allows taxpayers to pay their property taxes using a credit card, debit card, or e-check. They also have the option to sign up for an automatic payment plan, which deducts the amount due from their bank account on the due date.
In addition to online payments, taxpayers may also choose to pay their property taxes in person at the Navajo County Treasurer's Office located in Holbrook, Arizona. They accept cash, checks, and money orders made payable to Navajo County Treasurer.
To avoid late payment penalties, it is important to submit property tax payments on or before the due date. Taxpayers who are unable to pay their taxes in full by the due date may be eligible to apply for a payment plan to make smaller payments over time. Further information on payment plans can be obtained by contacting the Navajo County Treasurer's Office directly.
If you have more questions - contact your local tax collector.
How is Navajo County Property Tax penalty calculated ?
Navajo County Property Tax Penalties
Property tax is a tax on property that the owner of the property is required to pay to the government. In Navajo County, property tax penalties are assessed for late payment. The penalty is calculated as a percentage of the total amount due.
How are Navajo County Property Tax Penalties Calculated?
The calculation of Navajo County Property Tax penalties is done based on the following criteria:
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A penalty of 16% applies if payment is made after the due date but before January 1.
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A penalty of 17% applies if payment is made on or after January 1 but before February 1.
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A penalty of 18% applies if payment is made on or after February 1 but before March 1.
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A penalty of 19% applies if payment is made on or after March 1.
Example:
Suppose a property owner has a total property tax due of $1,000. If the payment is not made before the due date, a penalty of 16% will be assessed which will cost an additional $160 to the total amount, making the total amount due to $1160.
If payment is made on or after January 1 but before February 1, then a penalty of 17% will be added to the total amount due, which equals to $1170 if the payment is made on January 5.
In short, the longer a property owner waits to pay their property tax, the higher the penalty will be. Property owners should try to pay their taxes on time to avoid costly penalties.
Due Date | Penalty Rate |
---|---|
Before January 1 | 16% |
January 1 - February 1 | 17% |
February 1 - March 1 | 18% |
After March 1 | 19% |
We recommend contacting the Navajo County Tax Office or a local tax professional for the most up-to-date and accurate information.