Example of Pottawatomie County Property Tax Calculation
To calculate the property tax of a property located in Pottawatomie County, one must first determine the appraised value of the property. This value is determined by the county assessor's office, based on factors such as location, size, quality, and condition of the property.
Once the appraised value is determined, the county applies a tax rate to that value. In Pottawatomie County, the current tax rate is $20.50 per $1,000 of appraised value. For example, if a property's appraised value is $100,000, the property tax would be calculated as follows:
$100,000 / 1,000 = 100 (determine the value per $1,000) 100 x $20.50 = $2,050 (apply the tax rate)
Therefore, the property tax for a $100,000 property in Pottawatomie County would be $2,050.
It is important to note that property taxes can vary based on factors such as exemptions, special assessments, and changes in tax rates. It is recommended to contact the county assessor's office for more specific and up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Pottawatomie County Property Tax Rates
Here are the Property Tax rates for Pottawatomie County in a formatted table:
| Tax Type | Rate per $100 of Assessed Value |
|---|---|
| County General | $0.265 |
| County Health | $0.075 |
| County Library | $0.258 |
| County Fair | $0.029 |
| County Extension | $0.035 |
| City of Shawnee General | $0.008 |
| City of Tecumseh General | $0.010 |
| City of Wanette General | $0.013 |
| Asher Public Schools | $0.100 |
| Earlsboro Public Schools | $0.100 |
| Grove Public Schools | $0.100 |
| Macomb Public Schools | $0.100 |
| Maud Public Schools | $0.100 |
| McLoud Public Schools | $0.100 |
| North Rock Creek Public Schools | $0.100 |
| Shawnee Public Schools | $0.100 |
| South Rock Creek Public Schools | $0.100 |
| Tecumseh Public Schools | $0.100 |
Note: These rates are subject to change and may vary depending on property location and other factors. It is recommended to consult a tax professional for specific information on your property taxes in Pottawatomie County.
Who sets property tax rates in Pottawatomie County ?
In Pottawatomie County, property tax rates are determined by two entities- the Board of County Commissioners and local school districts. The Board of County Commissioners sets the tax rate for the county and any municipalities located within the county. On the other hand, local school districts set their own tax rates.
The property tax rates are set annually, usually in the fall, during budget hearings. The rates are established based on the total assessed value of all taxable properties in the county and the funding needs of the county government and local school districts.
It is important to note that property tax rates can vary for different types of properties, such as residential, commercial, and agricultural. Additionally, property owners may be eligible for certain exemptions or discounts that can lower their tax burden.
Overall, property tax rates in Pottawatomie County are determined by the Board of County Commissioners and local school districts during annual budget hearings based on the assessed value of taxable properties and funding needs.
Homestead exemptions in Pottawatomie County ?
To provide a comprehensive overview of Homestead exemptions and deductions in Pottawatomie County, Oklahoma, the following table has been created:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| County Exemption | Owner of a residential homestead property in Pottawatomie County | Up to $1,000 | The exemption reduces the taxable value of the property by $1,000, resulting in lower property taxes. |
| Senior Citizen | Owner of a homestead property who is 65 or older | Up to $20,000 or 100% of value | The exemption applies to the county assessor's valuation of the property, up to $20,000 or the full appraised value of the property, whichever is less. The exemption may also apply to surviving spouses who are 55 or older. |
| Disabled Person | Owner of a homestead property who is 100% disabled | Up to $20,000 or 100% of value | The exemption applies to the county assessor's valuation of the property, up to $20,000 or the full appraised value of the property, whichever is less. The exemption may also apply to surviving spouses of a disabled person. |
| Veterans | Veteran or surviving spouse of a veteran | Up to $1,000 | The exemption applies to the county assessor's valuation of the property, up to $1,000. The veteran must have served on active duty in the armed forces of the United States during a period of war or during a period when the United States was engaged in hostilities with a foreign nation, or have been honorably discharged after at least 90 days of active service during one of those periods. The exemption may also apply to surviving spouses of veterans who were eligible for the exemption at the time of their death. |
It's important to note that additional deductions and exemptions may be available at the city and school district levels, in addition to those provided at the county level. Property owners in Pottawatomie County should consult with their local tax assessor or a qualified tax professional to ensure they are aware of all applicable exemptions and deductions.
When is Pottawatomie County Property Tax due ?
Pottawatomie County Property Tax is typically due on December 20th of each year. However, if the due date falls on a weekend or holiday, the deadline will be the next business day.
There are several payment methods available for Pottawatomie County Property Tax. They include:
-
In-person payment: You can pay your property tax in person at the Pottawatomie County Treasurer's Office, located at 325 North Broadway Avenue in Shawnee, Oklahoma. Payments can be made using cash, check, or credit card.
-
Mail-in payment: You can also mail your property tax payment to the Pottawatomie County Treasurer's Office. The mailing address is P.O. Box 207, Shawnee, OK 74802. Payments made by mail must be postmarked by December 20th to be considered on time.
-
Online payment: Pottawatomie County also offers an online payment option through their website. Payments can be made using a credit or debit card, or by e-check. There is a convenience fee associated with online payments.
It is important to note that if your property taxes are not paid by the due date, you may be subject to penalties and interest charges. It is recommended that you make your payment on time to avoid any additional fees.
If you have more questions - contact your local tax collector.
How is Pottawatomie County Property Tax penalty calculated ?
Pottawatomie County Property Tax penalty can be a daunting topic, but it is essential to understand how it is calculated. Here's a breakdown:
-
Due Date: The due date for property tax payment is usually December 31st of every year. If payment is not received by this date, the property will be considered delinquent.
-
Penalty Percentage: The penalty percentage for delinquent property taxes is determined by the State of Oklahoma. As of 2021, the penalty percentage is 1.5% per month, starting from January 1st of the following year until the taxes are paid in full.
-
Example Calculation: Let’s say John owns a property in Pottawatomie County, and the property tax amount due for the year 2020 is $5,000. John did not pay the taxes by December 31st, 2020, so the taxes became delinquent. The penalty percentage is 1.5% per month, starting from January 1st, 2021. In May 2021, John decides to pay the taxes. The penalty percentage for five months (January to May) is 1.5% x 5 = 7.5%. John will have to pay $5,375 ($5,000 + 7.5% penalty) to clear the delinquent taxes.
It is important to note that delinquent property taxes can accumulate over time, and may eventually result in a tax lien, which can lead to the property being sold at a tax sale. Therefore, prompt payment of property taxes is crucial to avoid incurring penalties and potential legal issues.
In summary, understanding how Pottawatomie County Property Tax penalty is calculated can help property owners avoid unnecessary penalties and complications.
We recommend contacting the Pottawatomie County Tax Office or a local tax professional for the most up-to-date and accurate information.