Example of Refugio County Property Tax Calculation
Refugio County's Property Tax calculation is based on the assessed value of the property owned by the taxpayer. The assessed value is determined by the County Appraisal District, which considers various factors such as the property's square footage, location, and condition.
Once the assessed value is determined, the County applies the Property Tax rate, which is set by the County Commissioners, to calculate the amount of Property Tax owed.
For example, if the assessed value of a property in Refugio County is $100,000 and the Property Tax rate is 2%, then the Property Tax owed by the taxpayer would be $2,000 (i.e., $100,000 x 0.02).
It is important to note that property owners can challenge the assessed value of their property if they believe it to be too high. This can be done by filing a protest with the County Appraisal District before the deadline.
Overall, understanding how Property Tax is calculated in Refugio County can help taxpayers plan for their financial obligations and ensure they are paying the correct amount.
If you want appeal your property tax assessment - contact your local tax assessor.
Refugio County Property Tax Rates
The following table lists the Refugio County Property Tax rates per $100 of assessed value:
| Tax Type | Rate per $100 Assessed Value |
|---|---|
| County | $0.4765 |
| City | $0.5792 |
| Independent School District | $1.1700 |
| Hospital District | $0.3177 |
| Refugio Groundwater Conservation District | $0.0100 |
Please note that these rates may vary depending on the specific property location and any exemptions that may apply. It is recommended to consult with a tax professional for accurate information regarding individual property taxes.
Who sets property tax rates in Refugio County ?
Refugio County property tax rates are set by the Refugio County Commissioners Court. This court is composed of five elected officials who are responsible for managing the county's finances and resources. They meet regularly to discuss and approve the county's annual budget, which includes setting property tax rates.
The property tax rates are typically set during the budget process, which takes place in the late summer and early fall each year. The commissioners consider a variety of factors when setting these rates, such as the county's overall financial needs, the assessed value of properties within the county, and any changes to state or federal tax laws that may affect local property taxes.
Once the property tax rates are set, they are published in local newspapers and on the county's website. Property owners in Refugio County can expect to receive their tax bills in the mail in the fall, with payment due by January 31st of the following year.
Homestead exemptions in Refugio County ?
To help taxpayers in Refugio County, Texas stay informed about Homestead exemptions and deductions, here's a list of all county-specific exemptions and deductions that apply:
Homestead Exemptions
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Residence Homestead Exemption | Any homeowner | $25,000 | Applies to primary residence and reduces the taxable value of the property |
| Over-65 Homestead Exemption | Homeowner over 65 years of age | $10,000 | Reduces the taxable value of the property |
| Disability Homestead Exemption | Homeowner with a disability | $10,000 | Reduces the taxable value of the property |
| Optional Percentage Homestead Exemption | Any homeowner | Up to 20% | Reduces the taxable value of the property by a percentage rate chosen by the homeowner |
Deductions
| Deduction | Eligibility | Amount | Notes |
|---|---|---|---|
| Disabled Veteran Deduction | Veteran with a disability rating of 10-100% | Amount varies based on rating | Reduces the taxable value of the property |
| Age 65 or Older or Disabled Person Deduction | Homeowner 65 or older or with a disability | $3,000 | Reduces the taxable value of the property |
| Disabled Person with Disabilities Deduction | Homeowner with a disability | $3,000 | Reduces the taxable value of the property |
It's important to note that some exemptions and deductions may have specific requirements and deadlines for application. Taxpayers should contact the Refugio County Appraisal District for more information and assistance in applying for these benefits.
When is Refugio County Property Tax due ?
Refugio County Property Tax is typically due on January 31st of each year. There are several payment methods available to taxpayers:
Payment Methods:
1. In-person: Taxpayers can make their payment at the Refugio County Tax Office located at 414 C North Alamo Street, Refugio, TX 78377.
2. By mail: Taxpayers can mail their payment to the following address:
Refugio County Tax Assessor-Collector PO Box 728 Refugio, TX 78377
3. Online: Taxpayers can make their payment online using a debit or credit card at www.officialpayments.com.
It is important to note that payments made after the due date will be subject to penalties and interest. Therefore, it is advised that taxpayers make their payments on time to avoid any additional fees.
If taxpayers have any questions regarding their property taxes or payment methods, they can contact the Refugio County Tax Assessor-Collector's office at (361) 526-2233.
If you have more questions - contact your local tax collector.
How is Refugio County Property Tax penalty calculated ?
Refugio County calculates property tax penalties based on a set formula that takes into account the amount of unpaid taxes and the length of time the taxes have been overdue. Here is an example of how the penalty is calculated:
Let's say John owns a property in Refugio County and owes $5,000 in property taxes for the year. The deadline for payment was January 31st, but John did not pay until March 15th, which means his payment was 45 days late.
To calculate the penalty, Refugio County will use the following formula:
Penalty = (Unpaid Tax Amount x Penalty Rate x Number of Days Late) / 365
The penalty rate in Refugio County is 6%. Using this formula, John's penalty would be:
Penalty = ($5,000 x 0.06 x 45) / 365 Penalty = $29.45
So, John would owe $5,000 in unpaid taxes plus an additional $29.45 in penalty fees for a total of $5,029.45.
It's important to note that the penalty rate and number of days late can vary from state to state and even from county to county within a state. It's essential to check with your local tax authority to ensure you have the correct information.
In summary:
- Refugio County calculates property tax penalties using a formula that takes into account the unpaid tax amount and number of days late.
- The penalty rate in Refugio County is 6%.
- It's important to check with your local tax authority to ensure you have the correct information for your area.
| Factor | Formula | Example |
|---|---|---|
| Penalty Rate | 6% | John owed $5,000 in unpaid taxes |
| Number of Days Late | 45 | Penalty = ($5,000 x 0.06 x 45) / 365 |
| Unpaid Tax Amount | $5,000 | Penalty = $29.45 |
We recommend contacting the Refugio County Tax Office or a local tax professional for the most up-to-date and accurate information.