| 1. |
How is my property
value determined?
|
| 2. |
What are some exemptions? How do I apply? |
| 3. |
When are taxes due? |
| 4. |
What if I don't
receive a tax statement? |
| 5. |
Will a lien be placed
on my property if the taxes are not paid? |
| 6. |
What if I sold my
property last year? |
| 7. |
What if my mortgage
company is supposed to pay my taxes?
|
| 8. |
Can I get a discount
on my taxes if I pay early?
|
| 9. |
Do I have to
pay all my taxes at the same time? |
| 10. |
What kind of payment
options are available?
|
| 11. |
Will the Tax Office
ever accept credit card payments? |
| 12. |
What is a
tax certificate, and how can I obtain one?
|
| Q: |
Answer
#1: How is my property value determined? |
| A: |
The Wichita Appraisal District identifies
property to be taxed, determines its appraised value, whether
to grant exemptions, the taxable owner and address, and which
taxing jurisdictions may tax the property.
For information on VALUES, EXEMPTIONS,
OWNERSHIP or ADDRESS, please call the Wichita Appraisal District
at (940)-322-2435.
The Appraisal District mailing address
is: P.O. Box 5172 Wichita Falls, Texas 76307.
The Wichita Appraisal District can
also be accessed through their website, the address is http://www.wadtx.com/.
|
| Top |
| |
|
| Q: |
Answer
#2: What are some exemptions? How do I apply? |
| A: |
Exemptions reduce the taxable value
of your property. This lowers your tax amount. Some of these
exemptions are:
Residence
Homestead Available for all home owners on their residence
as long as they lived there on January 1st of the
tax year.
Disabled
Homestead Can be taken in addition to the homestead exemption;
available to those who qualify according to specific guidelines.
Disable
veteran or survivor Can be taken in addition to the homestead
exemption, according to a disability rating. This exemption
can be taken on any property in Texas; it is not limited to
the homestead property.
Age 65
or Older Can be taken in addition to homestead exemption on
residence. Home owners over the age of 65 may also arrange
for a Tax Affidavit Deferral, You may choose to defer the
collection of taxes if you own and occupy your residence and
taxes are deliquent; however, a tax lien remains on the property
and interest of 8% a year continues to accrue.
The chief appraiser is responsible
for administering exemption applications. A property owner
or the owner's authorized agent must file any necessary exemption
form before May 1 of the tax year.
|
| Top |
| |
|
| Q: |
Answer
#3: When are taxes due? |
| A: |
Tax
statements are mailed each October of the Tax year and are due
on receipt. In order to be timely, payment of taxes must be
postmarked before the specified date. Taxes are deliquent on
FEBRUARY 1 of each year and subject to penalty and interest,
and subject to possible lawsuit. |
| Top |
| |
|
| Q: |
Answer
#4: What if I don't receive a tax statement? |
| A: |
Failure
to receive a tax statement does not affect the validity of the
tax, penalty, interest, due date, the existence of a tax lien,
or any procedure instituted to collect a tax. |
| Top |
| |
|
| Q: |
Answer #5: Will a lien
be placed on my property if the taxes are paid?
|
| A: |
No,
if taxes are paid by January 1 there is no lien. However, if
taxes are not paid by January 1 State law automatically places
a tax lien on property on JANUARY 1 of each year to ensure that
taxes are paid. |
| Top |
| |
|
| Q: |
Answer
#6: What if I sold my property last year? |
| A: |
The
person who owned the property on January 1 of the tax year is
personally liable for the tax, even if he/she sold the property
during the year. Let the buyer beware, however, the lien follows
the property. |
| Top |
| |
|
| Q: |
Answer
#7: What if my mortgage company is supposed to pay my taxes? |
| A: |
If
your property taxes are paid by a mortgage company and you receive
a tax statement, write your loan number on the statement, forward
it immediately to your mortgage company for payment and notify
the Tax Office in writing. |
| Top |
| |
|
| Q: |
Answer
#8: Can I get a discount on my taxes if I pay early? |
A:
|
We
currently do not offer early payment discounts. |
| Top |
| |
|
| Q: |
Answer
#9: Do I have to pay all my taxes at the same time? |
| A: |
No.
You can select one of the payment options to pay your taxes
in installments, or you may pay Wichita County, incorporated
city, or school district taxes separately. |
| Top |
| |
|
| Q: |
Answer
#10: What kind of payment options are available? |
| A: |
Half-Payment
Option: You may pay the January amount in two equal installments
without incurring penalty and interest if: (1) you pay one-half
of the January amount by November 30 of each tax year, for
the current tax year. (2) you pay the remaining one-half by
June 30.
4-Payment
Option: (This option applies only to property the person
occupies as a residence homestead and only to those persons
who are considered disabled under SSI) If, before January
1st of the current tax year, you are disabled or
65 years of age and are qualified for the OVER 65 or DISABLED
HOMESTEAD EXEMPTIONS, you may make your payments in four equal
installments without incurring penalty and interest, if paid
in the following manner:
1st
payment due by January 31;
2nd
payment due by March 31;
3rd
payment due by May 31;
4th
payment due by July 31.
|
| Top |
| |
|
| Q: |
Answer
#11: Will the Tax Office ever accept credit card payments? |
| A: |
Yes,
current projects are underway and scheduled to be announced
in the near future. |
| Top |
| |
|
| Q: |
Answer
#12: What is a tax certificate, and how can I obtain one? |
| A: |
A
tax certificate is a certified document showing all deliquent
taxes and may include current taxes. If delinquent, the certificate
shows penalties and interest that are due according to tax records.
The fee to obtain a certificate is $10.00 per certificate; prepayment
is required. |
| Top |