Example of Presidio County Property Tax Calculation
Presidio County Property Tax calculation is determined by taking the assessed value of the property and multiplying it by the county's tax rate. For example, if a property is assessed at $100,000 and the tax rate is 2.5%, the property tax calculation would be as follows:
$100,000 x 0.025 = $2,500
This means the property owner would owe $2,500 in property taxes for the year. It is important to note that property values and tax rates can vary from year to year, so it is best to check with the county's tax assessor's office for the most up-to-date information.
If you want appeal your property tax assessment - contact your local tax assessor.
Presidio County Property Tax Rates
Here's a formatted table of Presidio County Property Tax rates, with the tax and rate per $100 of assessed value listed in separate columns:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County | $0.5787 |
| City of Marfa | $0.495 |
| City of Presidio | $0.6532 |
| Marfa ISD | $1.1174 |
| Presidio ISD | $1.3499 |
It's important to note that these rates may vary depending on the specific property and its location within Presidio County. As a tax advisor, it's recommended to check with the county or city tax assessor's office for the most up-to-date and accurate information on property tax rates.
Who sets property tax rates in Presidio County ?
Who sets property tax rates in Presidio County?
The Presidio County Commissioners' Court sets the property tax rates in Presidio County. This is done annually, as part of the county's budget process.
When are property tax rates set in Presidio County?
The property tax rates in Presidio County are typically set in August or September of each year. This allows the county to calculate the revenue it will receive from property taxes and incorporate that into its budget for the upcoming fiscal year.
How are property tax rates determined in Presidio County?
Property tax rates in Presidio County are determined by the county's budget needs and the assessed value of the property in the county. The county must set a tax rate that generates enough revenue to cover its expenses while staying within the limits set by state law.
Who can provide more information about property taxes in Presidio County?
For more information about property taxes in Presidio County, taxpayers can contact the Presidio County Tax Assessor-Collector's Office. They can provide information about property values, tax rates, and payment options.
Homestead exemptions in Presidio County ?
To help homeowners in Presidio County, Texas save money on their property taxes, the county offers several Homestead exemptions and deductions. Here are the details on each:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead | Any homeowner who uses their property as their primary residence | Up to $25,000 | This exemption applies to school district taxes only. |
| Over-65 Homestead | Any homeowner over the age of 65 who uses their property as their primary residence | Up to $10,000 additional | This exemption applies to all property taxes. |
| Disabled Person Homestead | Any homeowner who is disabled and uses their property as their primary residence | Up to $10,000 additional | This exemption applies to all property taxes. |
| Veteran Homestead | Any homeowner who is a veteran of the US military and uses their property as their primary residence | Up to $12,000 additional | This exemption applies to all property taxes. |
Homestead Deductions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Disabled Veteran | Any veteran who is disabled and uses their property as their primary residence | Up to $12,000 | This exemption applies to all property taxes. |
| Surviving Spouse of a Veteran | Any surviving spouse of a veteran who was killed in action or died while on active duty | Up to $5,000 | This exemption applies to all property taxes. |
| Goods and Services | Any homeowner who is over the age of 65, disabled, or a surviving spouse of a veteran | Up to $3,000 | This exemption applies to all property taxes and can be used for things like home repairs and upgrades. |
It's important to note that homeowners can only claim one Homestead exemption at a time, but they may be eligible for multiple deductions. To apply for these exemptions and deductions, homeowners should contact the Presidio County Appraisal District.
When is Presidio County Property Tax due ?
Presidio County Property Tax is typically due on January 31st of each year. However, if January 31st falls on a weekend or a holiday, the due date is extended to the next business day. Here are the available payment methods:
| Payment Method | Description |
|---|---|
| Payments can be mailed to the Presidio County Tax Office, along with the payment stub and a check or money order. | |
| In-person | Payments can be made in person at the Presidio County Tax Office located at 301 N Highland Avenue, Marfa, Texas 79843. Cash, check, and money order are accepted. |
| Online | Payments can be made online through the Presidio County Tax Office website using a credit or debit card. |
It's important to note that failure to pay property taxes on time can result in penalties and interest charges. If you have any questions or concerns regarding your property tax payment, it's best to contact the Presidio County Tax Office for assistance.
If you have more questions - contact your local tax collector.
How is Presidio County Property Tax penalty calculated ?
Presidio County Property Tax Penalty Calculation
When property taxes are not paid on time in Presidio County, penalties are assessed on the unpaid balance. The penalty is calculated based on the amount of the unpaid tax and the length of time it has been unpaid.
Here is an example of how the penalty is calculated in Presidio County:
| Unpaid Tax Amount | Penalty Rate | Penalty Calculation |
|---|---|---|
| $1,000 | 6% | $60 penalty |
In this example, if the property owner does not pay the property tax of $1,000 on time, they will be assessed a penalty of $60 (6% of the unpaid tax amount). The penalty will continue to increase each month until the tax is paid in full.
It is important to note that property taxes in Presidio County are due on January 31st of each year. If the taxes are not paid by this date, a penalty of 6% is assessed. If the taxes remain unpaid for a year, an additional penalty of 6% is added to the total amount owed.
In summary, the Presidio County Property Tax Penalty is calculated based on the unpaid tax amount and the length of time it has been unpaid. It is important to pay property taxes on time to avoid penalties and additional fees.
We recommend contacting the Presidio County Tax Office or a local tax professional for the most up-to-date and accurate information.