Example of Pima County Property Tax Calculation
Pima County calculates property tax based on a formula that takes into account the assessed value of the property and the tax rate set by the county.
To calculate property tax, first determine the assessed value of the property, which is equal to the market value multiplied by the assessment ratio, which for residential properties in Pima County is currently set at 10%.
Next, multiply the assessed value by the tax rate set by the county, which can vary from year to year. For example, if the assessed value of a residential property in Pima County is $200,000 and the tax rate is 1.5%, the calculation would be:
$200,000 x 0.015 = $3,000
Therefore, the property owner would owe $3,000 in property taxes to Pima County.
If you want appeal your property tax assessment - contact your local tax assessor.
Pima County Property Tax Rates
The Pima County Property Tax rates are as follows:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Primary | $3.5484 |
| Secondary | $3.5514 |
| Flood Control | $0.2832 |
| Library | $0.5582 |
| University | $0.2541 |
| Total | $8.1953 |
These rates are subject to change and may vary based on the location and type of property. It is recommended to consult with a tax professional for more information on property taxes in Pima County.
Who sets property tax rates in Pima County ?
Property tax rates in Pima County, located in Arizona, are set by the Pima County Board of Supervisors. The board decides on the tax rates each fiscal year during budget hearings and meetings, typically held between April and June. The rates are based on property valuations determined by the Pima County Assessor's Office. The property tax funds various county services, including public safety, roads, and parks. The tax rate is usually expressed in terms of dollars per $100 of assessed property value. Property owners in Pima County can view their property's assessed value and tax information on the county Assessor's website or by contacting the Assessor's Office directly.
Homestead exemptions in Pima County ?
The blogger has created a table with columns for exemption, eligibility, amount, and notes, to provide information on county-specific Homestead exemptions and deductions in Pima County, Arizona. The table is presented in an easy-to-read format using markdown lists and tables.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | All homeowners | Up to $3,000 | Must be an owner-occupied primary residence |
| Senior Citizens' Property Tax Valuation Freeze | Homeowners 65 or older | Valuation frozen at current level | Must meet income and residency requirements |
| Disabled Persons' Property Valuation Freeze | Homeowners with a disability | Valuation frozen at current level | Must meet income and residency requirements |
| Widows, Widowers, and Disabled Veterans' Exemption | Qualifying individuals | Up to $3,000 | Must meet specific criteria as defined by Arizona state law |
| Military Personnel Killed in Action Exemption | Parents of military personnel killed in action | Up to $5,000 | Must meet specific criteria as defined by Arizona state law |
This information is intended for adult readers in the United States who are interested in learning about Homestead exemptions and deductions in Pima County, Arizona. The blogger has used active voice and US English to make the text clear and easy to understand.
When is Pima County Property Tax due ?
Pima County Property Tax is typically due on October 1st of each year. Property owners are responsible for paying their property taxes by the due date to avoid any penalties or late fees. Payment methods for Pima County Property Tax include:
| Payment Method | Description |
|---|---|
| Property owners can mail in their payment using a check or money order made payable to "Pima County Treasurer." The payment must be postmarked by October 1st to be considered on time. | |
| In Person | Property owners can pay in person at the Pima County Treasurer's Office located at 130 W. Congress, 1st Floor, Tucson, AZ 85701. The office is open Monday through Friday from 8:00am to 5:00pm. |
| Online | Property owners can make an online payment using their credit card or e-check through the Pima County Treasurer's website. There is a small convenience fee for this service. |
It is important for property owners to remember that failure to pay their property taxes by the due date can result in penalties and interest charges. Therefore, it is recommended that property owners pay their taxes on time using one of the available payment methods.
If you have more questions - contact your local tax collector.
How is Pima County Property Tax penalty calculated ?
Pima County Property Tax Penalty Calculation
When it comes to property taxes, there are a lot of details to keep in mind. One of the most important elements to understand is how penalties are calculated for unpaid taxes. In Pima County, property owners who fail to pay their taxes by the due date will be subject to penalties. These penalties are calculated based on a few key factors.
Calculating the Penalty
The penalty for late payment of Pima County property taxes is calculated as a percentage of the unpaid taxes owed. This percentage changes based on how long the taxes are overdue. Here's a breakdown of the penalty rates:
- 1% if payment is received after the due date but before the end of the first month of delinquency
- An additional 1% per month, or portion thereof, for each additional month the payment is delinquent
For example, if a property owner owes $1,000 in property taxes and fails to pay by the due date, they will incur a penalty of $10 (1% of $1,000) if they pay within the first month of delinquency. If they continue to be delinquent and do not pay for two months, the penalty will increase to $20 (1% for the first month, plus an additional 1% for the second month).
Table: Penalty Calculation Example
| Delinquency Period | Unpaid Taxes | Penalty Rate | Penalty Amount |
|---|---|---|---|
| First Month | $1,000 | 1% | $10 |
| Second Month | $1,000 | 2% | $30 |
| Third Month | $1,000 | 3% | $60 |
Conclusion
In summary, Pima County calculates property tax penalties based on a percentage of the unpaid taxes owed. The penalty rates increase for each additional month the payment is delinquent. Property owners should make sure to pay their property taxes on time to avoid incurring costly penalties.
We recommend contacting the Pima County Tax Office or a local tax professional for the most up-to-date and accurate information.