Example of Pittsburg County Property Tax Calculation
The property tax calculation in Pittsburg County, Oklahoma is based on a few factors. Firstly, the value of the property is assessed by the county assessor's office. This assessment takes into account the size of the property, the type of property, and the condition of the property.
After the assessment has been completed, the assessed value is multiplied by the tax rate, which is set by the county commissioners. For example, if the assessed value of a property is $100,000 and the tax rate is 1%, the property tax would be $1,000.
It's important to note that there are exemptions and deductions that can lower the property tax bill. For example, homeowners who use their property as their primary residence may be eligible for a homestead exemption. Additionally, seniors and veterans may be eligible for certain tax breaks.
Overall, the amount of property tax that a person pays in Pittsburg County depends on the assessed value of their property and the current tax rate. By understanding these factors and any available exemptions or deductions, property owners can make informed decisions about their tax payments.
If you want appeal your property tax assessment - contact your local tax assessor.
Pittsburg County Property Tax Rates
The following table presents the Pittsburg County Property Tax Rates, expressed as the rate per $100 of assessed value:
Tax | Rate per $100 of Assessed Value |
---|---|
County General Fund | $0.202 |
County Road and Bridge | $0.082 |
County Assessor Fee | $0.010 |
County Health Department | $0.012 |
County Library | $0.108 |
County Fairgrounds | $0.012 |
County Emergency Medical Services | $0.043 |
County Emergency 911 | $0.075 |
Savanna School District | $0.019 |
Indianola School District | $0.013 |
Hartshorne School District | $0.026 |
Canadian School District | $0.045 |
Crowder School District | $0.025 |
Alderson School District | $0.023 |
Kiowa School District | $0.024 |
It is important to note that property tax rates may vary depending on the specific location within Pittsburg County, and that property values and assessments may change over time, affecting the final amount of taxes owed.
Who sets property tax rates in Pittsburg County ?
The property tax rates in Pittsburg County are set by the County Commissioners. This happens annually at a public meeting where the commissioners discuss and vote on the rates. The rates are typically set in the fall and take effect on January 1st of the following year.
In Pittsburg County, property taxes are based on the assessed value of the property. The county assessor determines the value of the property each year, and then the tax rate is applied to that assessed value to determine the amount of taxes owed.
Below is a summary of the key points:
- The County Commissioners set the property tax rates in Pittsburg County
- The rates are set annually at a public meeting in the fall
- The rates take effect on January 1st of the following year
- Property taxes are based on the assessed value of the property
- The county assessor determines the value of the property each year
Overall, it's important to stay informed about property tax rates in your area to ensure you are meeting your tax obligations and not overpaying.
Homestead exemptions in Pittsburg County ?
To help Pittsburg County residents better understand Homestead exemptions and deductions, the following table provides a breakdown of the various exemptions, eligibility requirements, amounts, and notes:
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Homestead Exemption | Owner-occupied primary residence | Up to $1,000 | Must be filed by March 15th |
Disability Exemption | Owner with a disability | Up to $1,000 | Must provide proof of disability |
Senior Exemption | Owner over 65 years old | $2,000 off assessed value | Must provide proof of age |
Veterans Exemption | Veteran, spouse, or surviving spouse | Up to $1,000 | Must provide proof of service |
Freeport Exemption | Businesses with inventory | Up to 100% of inventory value | Must be filed by March 15th |
It's important to note that these exemptions and deductions are specific to Pittsburg County in Oklahoma. Residents should consult with the county assessor's office for more information on eligibility and the application process. By taking advantage of these exemptions and deductions, residents may be able to save money on their property taxes each year.
When is Pittsburg County Property Tax due ?
Pittsburg County Property Tax Due Date and Payment Methods
Property taxes are essential to support local services such as schools, law enforcement, and infrastructure. In Pittsburg County, property tax is typically due on December 31 every year. However, if December 31 falls on a weekend or holiday, the due date is extended to the next business day.
It is important to note that failing to pay the property tax on time can result in penalties and interest fees. Therefore, it is recommended to pay the tax before the due date to avoid such additional charges.
There are several payment methods available for Pittsburg County property tax. Property owners can pay online through the county’s website using a credit card or electronic check. Alternatively, they can pay in person at the treasurer's office located at 115 E. Carl Albert Pkwy, McAlester, OK 74501.
Additionally, property owners can also pay their property tax via mail by sending a check or money order to the Pittsburg County Treasurer's Office at P.O. Box 160, McAlester, OK 74502. It is important to note that payments made via mail should reach the treasurer's office before the due date to avoid any penalties or interest fees.
In conclusion, Pittsburg County property tax is typically due on December 31 every year, and there are various payment methods available, including online payment, in-person payment, and payment via mail. It is advisable to pay the property tax before the due date to avoid any additional charges.
If you have more questions - contact your local tax collector.
How is Pittsburg County Property Tax penalty calculated ?
Pittsburg County Property Tax Penalty Calculation
When property taxes in Pittsburg County, Oklahoma, are not paid on time, a penalty is applied to the unpaid balance. The penalty is calculated based on a percentage of the amount owed and the number of days the payment is overdue.
Penalty Calculation
The penalty amount is calculated as follows:
- 1% penalty is applied for the first month (30 days) the payment is overdue.
- An additional 1% penalty is applied for each month (or partial month) after that until the balance is paid.
Example
Let's suppose that John owns a property in Pittsburg County and his annual property tax is $3,600. He fails to pay the tax on time and is now 60 days overdue.
The penalty for the first 30 days will be 1% of $3,600 which is $36. For the next 30 days (31-60 days overdue), an additional 1% penalty will be applied on the total amount owed ($3,600 + $36). Therefore, the penalty for the second month will be 1% of $3,636 which is $36.36.
The total penalty for John's late payment of property tax will be $72.36.
It's important to note that the penalty will continue to accrue until the balance is paid in full. If the balance is not paid within the specified time frame, the property may be subject to tax sale or foreclosure.
It's always recommended to pay property taxes on time to avoid penalties and potential legal consequences.
We recommend contacting the Pittsburg County Tax Office or a local tax professional for the most up-to-date and accurate information.