Example of Page County Property Tax Calculation
Page County Property Tax is calculated based on the assessed value of a property. The assessed value is determined by the county assessor's office and is based on factors such as the property size, condition, and location.
To calculate the property tax, the assessed value is multiplied by the current tax rate. For example, if a property has an assessed value of $100,000 and the tax rate is 1%, the property tax would be $1,000 per year.
However, it's important to note that there may be exemptions or deductions that could lower the property tax amount. For instance, if the property is the primary residence of the owner, they may qualify for a homestead exemption. Additionally, some states offer property tax relief programs for certain individuals or properties.
In summary, Page County Property Tax is calculated based on the assessed value of a property multiplied by the current tax rate. Homeowners should also be aware of any exemptions or deductions that could lower the tax bill.
If you want appeal your property tax assessment - contact your local tax assessor.
Page County Property Tax Rates
The following table presents the Property Tax rates for Page County in US dollars per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.58 |
| School | $0.85 |
| Town of Luray | $0.22 |
| Town of Shenandoah | $0.11 |
It is important to note that these rates may vary depending on the specific location and property value within Page County. It is recommended that individuals consult with a professional tax advisor for specific tax information and guidance.
Who sets property tax rates in Page County ?
Property tax rates in Page County
Property tax rates in Page County are set by the county's governing body, which is the Board of Supervisors. The board sets the rates annually during a meeting in April or May. The rates are based on the county's budget, which includes expenses for schools, public safety, and other county services.
The board considers many factors when setting property tax rates, such as the county's financial needs, property values, and the impact on taxpayers. The rates are typically expressed as a percentage of the assessed value of the property.
Property owners in Page County can view their property tax information on the county's website or by contacting the county's treasurer's office. Payment of property taxes is due annually on December 5th unless that date falls on a weekend or holiday, in which case the due date is the next business day.
It is important for property owners to stay informed about property tax rates in Page County and to understand how they are calculated to make informed decisions about their finances.
Homestead exemptions in Page County ?
Table: County Specific Homestead Exemptions and Deductions in Page County, Virginia
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Any resident owner | $20,000 | Applies to primary residence |
| Senior Citizens Exemption | Resident owner over 65 | $30,000 | Applies to primary residence |
| Disabled Veterans Homestead Exemption | Veteran with 100% disability rating | $10,000 | Applies to primary residence |
| Surviving Spouse of a Veteran Exemption | Spouse of deceased veteran | $10,000 | Applies to primary residence |
| Disabled Veterans Personal Property Tax Relief | Veteran with 100% disability rating | Exemption of personal property tax | Applies to one motor vehicle |
| Land Use Value Assessment | Landowners with qualifying land use | Reduced tax rate | Applies to agricultural, horticultural, or forest land |
Page County in Virginia offers various homestead exemptions and deductions for its residents. These exemptions include the General Homestead Exemption, Senior Citizens Exemption, Disabled Veterans Homestead Exemption, Surviving Spouse of a Veteran Exemption, and Disabled Veterans Personal Property Tax Relief. Each exemption has its own eligibility requirements, amount, and notes.
In addition to these exemptions, Page County also offers the Land Use Value Assessment for landowners with qualifying agricultural, horticultural, or forest land. This assessment provides a reduced tax rate for eligible landowners.
Residents of Page County can take advantage of these homestead exemptions and deductions to reduce their property taxes and increase their savings. It is important to review the eligibility requirements and notes for each exemption to determine which ones apply to your situation.
When is Page County Property Tax due ?
Page County Property Tax is typically due on December 5th of each year. There are several payment methods available for taxpayers to use, including:
| Payment Method | Details |
|---|---|
| Online | Taxpayers can pay their property tax online using a credit or debit card. This method requires a convenience fee. |
| Taxpayers can mail in their payment via check or money order. The payment must be postmarked on or before December 5th to avoid penalties. | |
| In-person | Taxpayers can make their payment in person at the County Treasurer's Office. Cash, checks, and money orders are accepted. |
It is important to note that if the payment is not received by the due date, penalties and interest may be applied. Taxpayers should also ensure that they have the correct payment amount and property tax account number before making their payment.
If you have more questions - contact your local tax collector.
How is Page County Property Tax penalty calculated ?
Page County Property Tax Penalty Calculation
When a property owner fails to pay their property taxes on time in Page County, they are subject to penalties and interest charges. The penalty amount is calculated based on the unpaid tax amount and the number of days the payment is overdue.
Here's an example of how the penalty is calculated:
| Unpaid Tax Amount | Penalty Rate | Number of Days Overdue | Penalty Amount |
|---|---|---|---|
| $1,500 | 10% | 30 | $450 |
In this example, the property owner owes $1,500 in property taxes and is 30 days overdue. The penalty rate for Page County is 10%, so the penalty amount is calculated as follows:
Penalty Amount = Unpaid Tax Amount x Penalty Rate x (Number of Days Overdue / 365) Penalty Amount = $1,500 x 0.10 x (30/365) Penalty Amount = $450
Therefore, the property owner would owe $1,950 ($1,500 + $450) in total for their overdue property taxes.
It's important for property owners in Page County to pay their property taxes on time to avoid penalties and interest charges. If you have any questions about your property taxes or penalties, it's recommended to contact the Page County Treasurer's Office for assistance.
We recommend contacting the Page County Tax Office or a local tax professional for the most up-to-date and accurate information.