Rate Breakdown

Property taxes in Montgomery County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Montgomery County

Montgomery County property taxes are determined through a complex system that combines the assessed value of your property with local millage rates. Here's a breakdown: * **Assessed Value:** The first step is determining the assessed value of your property by the county assessor's office. This value considers various factors, such as square footage, construction materials, and comparable properties in the area. * **Mill Rates:** These are percentages applied to the assessed value. The total amount of tax revenue generated from a given property depends on the combination of its assessed value and the applicable millage rates set by the Montgomery County government (often listed at the beginning of a tax bill). Essentially, your local government uses these components to calculate your annual property tax payment.

Available Exemptions

Several exemptions exist to help individuals and families avoid paying full property taxes: * **Homestead Exemption:** This exemption allows homeowners to reduce their assessment by 15%, or up to $10,000, depending on the county's policy.

• To qualify for this exemption, you must be a resident owner of the property and live there permanently.
• The exemption can only be claimed once per year if you own your primary residence.

* **Senior Citizen Exemption:** This exemption reduces property taxes for eligible senior citizens. Eligibility requirements vary based on age, income level, and residency status. * **Disability Exemptions:** The Montgomery County allows a disability tax relief program to eligible individuals with disabilities who are registered or qualify under the program's criteria.

• To claim this exemption, you need to submit proof of your disability and income information.

* **Veteran Exemption:** Veterans who meet specific eligibility criteria may be eligible for a property tax exemption in Montgomery County. These exemptions may vary based on veteran status and service record. It's recommended to visit the Montgomery County assessor's website or contact their office directly to learn more about these exemptions, as details can change.

Payment Schedule & Deadlines

Property taxes are typically due annually in October. Montgomery County provides payment options and information on deadlines: * **Online Payment:** You can make payments online through the county's website or a service provider (usually available by September). * **Mail-In Payments:** You may mail a check or money order to the specified address printed on your tax bill. * **Payment Locations:** Several in-person payment locations exist throughout Montgomery County, including local offices and post offices. The specific deadlines for payments vary, so it's essential to stay informed by checking your property tax statement. You can find more information about payment options, deadlines, and consequences of late payments on the county website or through their customer service line.

Appealing Your Assessment

If you believe your assessment is inaccurate or unfair, you may appeal it: * **File an Appeal:** You have the right to file an appeal with the Montgomery County Board of Review. The board typically reviews assessments based on specific criteria and evidence provided by property owners.

• Submit your appeal in writing, including details about why you believe your assessment is incorrect.
• Provide documentation supporting your claim, such as comparable properties or recent improvements made to your home.
• The Board of Review will review your appeal and may request additional information or a hearing to evaluate your case.

It's essential to understand the procedures and deadlines for appeals in Montgomery County. You can find more information on their website or contact them directly for guidance.