Q: When are property taxes due in Chaves County for FY 2025-2026?
A: The first installment is due November 10th and becomes delinquent December 11th. The second installment is due April 10th and becomes delinquent May 11th.
Q: What tax credits are available and do they require application?
A: The Head of Family Credit provides up to $2,000 reduction in taxable value for qualifying residential properties. The Disabled Veteran Exemption is also available for eligible veterans. Both credits require separate application and are NOT automatically applied.
Q: How does the Head of Family Credit work?
A: This credit reduces your taxable value by up to $2,000 if you qualify as head of household for a residential property. You must apply for this credit through the County Assessor's office - it is not automatic.
Q: When does the county assess properties and how can I appeal?
A: Property assessments are conducted annually with values typically established by January 1st. If you disagree with your assessment, you can file an appeal with the County Valuation Protest Board during the designated protest period.
Q: What are the penalties for late payment?
A: Property taxes become delinquent the day after the due date. Interest and penalties accrue on delinquent amounts, and properties with taxes delinquent for multiple years may be subject to tax lien sale.
Q: Can I pay my property taxes online?
A: Contact the Chaves County Treasurer's office for current online payment options and accepted payment methods.
Q: Why is my tax rate different from my neighbor's?
A: Tax rates vary based on special taxing districts that apply to your specific location, including school districts, fire districts, and municipal boundaries. Two properties with the same value can have different tax bills based on these district variations.
Q: What is the assessor's full value limit for 2025?
A: For 2025, the assessor's full value cannot exceed $106,090, up from $103,000 in 2024. This limit helps control assessment increases in rapidly appreciating markets.
Q: Do I need to reapply for tax credits each year?
A: Most tax credits require initial application but may continue automatically once approved, though you should verify with the County Assessor's office about renewal requirements for specific credits.
Q: What triggers a supplemental tax bill?
A: Change in ownership, new construction, additions, or improvements that increase your property's assessed value during the tax year will trigger a supplemental tax assessment for the remaining portion of that tax year.
