Example of Washington County Property Tax Calculation
Washington County Property Tax is calculated based on the assessed value of a property. To determine the assessed value, the county assessor's office evaluates the property and assigns a value based on market conditions and other factors. Once the assessed value is determined, the county applies a tax rate to calculate the property tax owed.
For example, if a property in Washington County has an assessed value of $100,000 and the current tax rate is 1%, the owner would owe $1,000 in property taxes. It's important to note that different cities and municipalities within the county may have their own tax rates, so the actual amount owed may vary based on location.
Property taxes are used to fund local government services such as schools, roads, and public safety. The amount of property tax owed can also be affected by exemptions and deductions, so property owners should consult with their local tax assessor's office for more information.
If you want appeal your property tax assessment - contact your local tax assessor.
Washington County Property Tax Rates
Here is a formatted table of the Washington County Property Tax rates:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| County General | $2.50 |
| County Schools | $2.68 |
| Johnson City Schools | $2.41 |
| City of Johnson City | $1.76 |
| Town of Jonesborough | $1.33 |
| Town of Erwin | $1.52 |
| Town of Unicoi | $1.36 |
It is important to note that these rates are subject to change based on various factors, including changes to local laws and property values. It is recommended that individuals consult with a qualified tax professional for personalized advice regarding their specific tax situation.
Who sets property tax rates in Washington County ?
Washington County Property Tax Rates
- Who sets property tax rates in Washington County?
The property tax rates in Washington County are set by the Board of Supervisors. This board is made up of elected officials who represent various districts within the county.
- When are property tax rates set in Washington County?
The property tax rates in Washington County are set annually. The Board of Supervisors typically sets the rates in the fall, after receiving input from various departments and agencies within the county.
- How are property tax rates determined in Washington County?
Property tax rates in Washington County are determined by several factors, including the total value of all taxable property in the county, the budget needs of various county departments and agencies, and the amount of revenue generated from other sources (such as state and federal funding).
- What is the current property tax rate in Washington County?
The current property tax rate in Washington County is $1.21 per $100 of assessed value. This rate is subject to change each year, depending on various factors that affect the county's budget and revenue needs.
Homestead exemptions in Washington County ?
In Washington County, Illinois, there are several Homestead exemptions and deductions available for residents to help reduce their property taxes. Below is a table outlining the various exemptions, eligibility requirements, maximum amount, and notes to keep in mind.
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| General Homestead Exemption | Must own and occupy the property as their primary residence as of January 1st of the tax year. | Maximum of $6,000 deduction from equalized assessed value (EAV) | If a property owner is receiving any other exemptions, the total combined amount cannot exceed the general homestead exemption cap. |
| Senior Citizen Homestead Exemption | Must be 65 years of age or older and own and occupy the property as their primary residence as of January 1st of the tax year. | Maximum of $5,000 deduction from EAV | If a property owner is receiving any other exemptions, the total combined amount cannot exceed the general homestead exemption cap. |
| Senior Citizen Assessment Freeze Homestead Exemption | Must be 65 years of age or older, and have a total household income of $65,000 or less for the prior taxable year. The property must also be owned and occupied as the primary residence as of January 1st of the tax year. | Freezes the EAV for the year the exemption is first received | The exemption needs to be renewed annually, and the income threshold is subject to change. |
| Disabled Veteran Homestead Exemption | Must be a veteran with a service-connected disability rated at 30% or more by the U.S. Department of Veterans Affairs and own and occupy the property as their primary residence as of January 1st of the tax year. | Maximum of $2,500 deduction from EAV | If a property owner is receiving any other exemptions, the total combined amount cannot exceed the general homestead exemption cap. |
| Disabled Persons Homestead Exemption | Must have a disability, be receiving SSI or SSDI benefits, and own and occupy the property as their primary residence as of January 1st of the tax year. | Maximum of $2,000 deduction from EAV | If a property owner is receiving any other exemptions, the total combined amount cannot exceed the general homestead exemption cap. |
| Returning Veterans' Homestead Exemption | Must have served as a member of the U.S. Armed Forces after September 11, 2001, and have returned from active duty in an armed conflict involving the U.S. government, and own and occupy the property as their primary residence as of January 1st of the tax year. | Maximum of $5,000 deduction from EAV | If a property owner is receiving any other exemptions, the total combined amount cannot exceed the general homestead exemption cap. |
Note that some of these exemptions may require documentation or proof of eligibility, and applications must be submitted to the county assessor's office by the specified deadlines. Property owners should also be aware that these exemptions may impact the resale value of their property and potential tax liabilities in the future.
When is Washington County Property Tax due ?
Washington County Property Tax is typically due on November 15th every year. The county offers several convenient payment methods for its residents. Here is a breakdown of the available payment options:
Payment Methods
| Payment Method | Details |
|---|---|
| Online | Residents can pay their property tax online using a credit/debit card, e-check, or ACH transfer through the Washington County website. A convenience fee is charged for credit/debit card payments. |
| Payments can be made by mail in the form of a check or money order. The check/money order should be made payable to "Washington County Treasurer" and should include the property owner's name and parcel number. | |
| In-Person | Residents can also pay their property tax in person at the Washington County Treasurer's Office. Payments can be made in the form of cash, check, or money order. Credit/debit card payments are not accepted in-person. |
It is important to note that if the property tax is not paid in full by the due date, penalties and interest will be applied. Additionally, if the tax remains unpaid for an extended period of time, the county may take legal action to collect the debt. Therefore, it is highly recommended that residents make timely payments to avoid any additional fees or legal ramifications.
If you have more questions - contact your local tax collector.
How is Washington County Property Tax penalty calculated ?
Washington County calculates property tax penalties based on the amount of tax due, the number of days past the due date, and the interest rate set by the state. The penalty is calculated as a percentage of the unpaid taxes and accrues daily until the taxes and penalty are paid in full.
Here is an example of how the penalty is calculated:
Let's say a property owner in Washington County owes $2,000 in property taxes for the year 2021. The due date for payment was January 31, 2022, but the owner did not make the payment until May 15, 2022. The interest rate set by the state for 2022 is 8%.
First, the county will calculate the number of days past due:
- January 31 to May 15 is 105 days past due
Next, the county will calculate the penalty:
- Penalty rate = 1% per month or fraction of a month, up to a maximum of 12%
- Penalty for 105 days past due = 3.5%
Then, the county will calculate the interest:
- Interest rate = 8% per year, or 0.022% per day (8% divided by 365 days)
- Interest for 105 days past due = $94.50 ($2,000 x 0.022% x 105)
Finally, the county will add the penalty and interest to the original tax amount:
- Total amount due = $2,188.50 ($2,000 + $70 + $94.50)
Therefore, the property owner would need to pay $2,188.50 to satisfy their property tax obligation for 2021.
It's important to note that property owners who cannot pay their taxes in full by the due date should contact the county treasurer's office to discuss payment options and potential penalties.
We recommend contacting the Washington County Tax Office or a local tax professional for the most up-to-date and accurate information.