Example of Tehama County Property Tax Calculation
Tehama County calculates property taxes based on the assessed value of the property. For example, if a property is assessed at $200,000, the property tax rate of 1% will result in a tax bill of $2,000. This tax rate is applied annually, and may be subject to additional fees or assessments, such as school or community taxes. Property owners can appeal their assessed value if they believe it is too high, but must do so within a specific time frame and provide supporting evidence. It is important to pay property taxes in a timely manner to avoid penalties and potential foreclosure.
If you want appeal your property tax assessment - contact your local tax assessor.
Who sets property tax rates in Tehama County ?
In Tehama County, California, property tax rates are set by the Tehama County Board of Supervisors. This body meets annually to determine the tax rates for the upcoming fiscal year. The tax rates are based on the assessed value of the property and are used to fund local services such as schools, fire departments, and law enforcement agencies. Property owners in Tehama County can expect to receive their tax bills in the fall, with payments due by December 10th. It is important for property owners to stay informed about changes in tax rates and to consult with a tax advisor for guidance on managing their property tax obligations.
Tehama County Property Tax Rates
The Tehama County Property Tax rates for the year 2021-2022 are as follows:
Tax | Rate per $100 of Assessed Value |
---|---|
County General Tax | $1.00 |
County Road Tax | $0.10 |
County Library Tax | $0.18 |
County Fire Tax | $0.32 |
Tehama County Flood Control District Tax | $0.024 |
Tehama County Sanitation District Tax | $0.018 |
Property owners in Tehama County are required to pay each of these taxes based on the assessed value of their property. The rate per $100 of assessed value is listed in the table above. It's important for property owners to keep these tax rates in mind when budgeting for their property expenses.
Homestead exemptions in Tehama County ?
The table below includes information on all Homestead exemptions and deductions in Tehama County, California. These exemptions and deductions are county-specific and may vary from other areas in the state.
Exemption | Eligibility | Amount | Notes |
---|---|---|---|
Homeowners' Exemption | Owner-occupied principal residence | $7,000 | Must file a claim by February 15th |
Disabled Veterans' Exemption | Honorably discharged veterans with a service-connected disability or Surviving spouse of a veteran who died as a result of service | $150,000 | Must file a claim by February 15th |
Veterans' Exemption | Honorably discharged veterans who served during a recognized war period | $4,000 | Must file a claim by February 15th |
Senior Citizen Exemption | Homeowners over the age of 65 | $25,000 | Must file a claim by February 15th |
Church / Nonprofit Exemption | Property owned by a religious or nonprofit organization | Full exemption | Must file a claim by February 15th |
Solar Energy System Exemption | Properties with solar energy systems installed after January 1, 1999 | 100% exemption for 4 years | Must file a claim by February 15th |
It's important to note that in order to be eligible for these exemptions, one must meet specific criteria outlined in the eligibility column. Additionally, all claims must be filed by February 15th of each year in order to receive the exemption for that year. These exemptions can provide significant financial relief for eligible homeowners in Tehama County.
How is Tehama County Property Tax penalty calculated ?
Tehama County Property Tax Penalty Calculation
If a property owner fails to pay their property taxes on time, they may be subject to penalties and interest charges. The penalty charged on delinquent property taxes in Tehama County is calculated as follows:
- A penalty of 10% is added if the payment is not received within the first 10 days after the due date.
- An additional penalty of 5% is added if the payment is not received within 30 days after the due date.
- Interest is added at a rate of 1.5% per month, or 18% per year, on the unpaid balance until the taxes are paid in full.
Here's an example of how the penalty would be calculated for a property owner who failed to pay their $1,000 property tax bill on time:
Penalty | Calculation | Amount |
---|---|---|
10% | $1,000 x 10% = $100 | $100 |
5% | ($1,000 + $100) x 5% = $55 | $55 |
Interest | ($1,000 + $100 + $55) x 1.5% = $22.13 | $22.13 |
Total Penalty and Interest: $177.13
In this scenario, the property owner would owe a total of $1,177.13 ($1,000 + $177.13) to pay off their delinquent property taxes.
It's important to note that these penalties and interest charges can add up quickly, so it's best to pay property taxes on time to avoid any additional costs. Property owners can make payments online, by mail, or in-person at the Tehama County Tax Collector's office.
We recommend contacting the Tehama County Tax Office or a local tax professional for the most up-to-date and accurate information.