Welcome to Property Taxes Guide
Dekalb County Property Taxes Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Texas Property Taxes –What You Need to Know
from:Taxes in Texas are just a bit different than in many other states. First of all, there is no state income tax in the state of Texas. There is also no personal property tax. Revenue to fund the state government, schools and local governments are obtained solely from Texas property taxes, which are charged on land and improvements to land, including structure, as well as from funds obtained from the Texas lottery.
If you own a home, your Texas property taxes might be slightly higher than the property taxes in other states, but this is to offset the fact that no state income tax is charged – and the difference does not equal the amount of state income tax you would pay in other states. So, all in all, Texas is still a relatively inexpensive state in which to live, at least from a tax perspective.
Texas property taxes are based on your home’s value, with is appraised by the tax assessor. Then, your home’s value is averaged with that of other homes in your neighborhood to determine the actual tax value. Therefore, the value that is used to determine your Texas property taxes will not be the exact fair market value of your home. Depending upon the value of other homes in your neighborhood, the tax value will be slightly higher or lower than the true value. Each year, you’ll be notified of the tax value of your home, and you will have the opportunity to appeal it if you feel that it’s too high.
The actual tax rate that will be charged for Texas property taxes is determined by the tax assessor’s office after the valuations have been made on the properties. In 2003, tax rates varied between 2.2% and 3% of the assessed value of the home. Tax districts in Texas are by county, but also include your school district, hospital district, community college district and flood district. Based on this, your tax rate could be slightly different than someone else living in your county because of the other districts factored in.
In Texas, if you have a mortgage on your home, your property tax bill is likely paid by your mortgage company. Your mortgage bill will be increased each month by an amount equal to 1/12 of the projected property taxes for the year. So, you are paying your property taxes monthly to the mortgage company, and they will pay the county once a year. This is far more convenient for most homeowners, because it eliminates receiving a huge tax bill once a year.
Dekalb County Property Taxes Specific Links
Free Tech and Gadget Reviews!
- Watch GeekBrief With Cali Lewis on Mevio!
-- http://www.geekbrief.mevio.com/
Watch Funny Videos!
- Click here to see funny videos, pictures, jokes, commercials, and more funny stuff from Comedy.com.
-- http://www.comedy.com/
New Rap Music
- Search Emerging Artists & Help Vote Them Into Stardom. Join Today
-- http://www.ourstage.com/
A Mood Booster to Combat The Credit Crunch
- Forget about the credit crunch for a little while and be just mildly entertained for a few minutes...
-- http://www.kontraband.com/
Get Hired
- Earn more money with a better job now
-- http://www.hotjobs.com/
Dekalb County Property Taxes News
DeKalb Residents Fight Annexation - WXIA 11 Alive
DEKALB COUNTY, Ga. -- Some DeKalb county residents are saying "no" to new taxes. Monday night, the city of Decatur will tackle the touchy subject of annexing areas of unincorporated DeKalb County. Neighbors along Medlock Commons road in DeKalb County ...
Read more...Most metro governments have budget shortfalls - Atlanta Journal Constitution
As personal spending tightens and property values fall, local governments are feeling the pinch, too, in reduced revenues and higher prices. Here’s how the largest local governments in metro Atlanta say the economic downtown is effecting their ...
Read more...Political Insider - Atlanta Journal Constitution
Get the latest news, opinions and blogs on politics and the election from across the state on the Georgia Politics page. Former Gov. Roy Barnes has said he’s not running for governor in 2010 when Gov. Sonny Perdue ends his second and final term ...
Read more...Where do my property taxes go? - Daily Chronicle
It’s that time of year – when local governmental bodies start discussing and then approving tax levies. Though government action directly affects property taxes, few property owners know what a levy is or what it means to their tax bill. The ...
Read more...Jones: Budget shortfall beyond county’s control - Atlanta Journal Constitution
DeKalb County is facing a likely budget shortfall next year because of factors beyond the county’s control, including actions by state government and a sour economy, Chief Executive Officer Vernon Jones said. At a news conference Wednesday morning ...
Read more...