Q: When are property taxes due in Grady County for FY 2025-2026?
A: Property taxes are levied on October 1st and must be paid no later than 120 calendar days from that date, making the deadline January 31, 2026 for the current tax year.
Q: What homestead tax credit is available and how do I apply?
A: The homestead credit provides up to $1,000 reduction in assessed value for qualifying owner-occupied residences. Applications must be filed with the Grady County Assessor by March 15th. The credit is NOT automatic and requires annual verification of occupancy.
Q: How does the senior citizen homestead credit work?
A: Property owners age 65 and older may qualify for an additional homestead credit that can significantly reduce assessed value. This credit caps assessment increases and requires application with the County Assessor, including proof of age and occupancy.
Q: Can I appeal my property assessment?
A: Yes, property owners may appeal assessments to the Grady County Board of Equalization. Appeals must typically be filed by April 1st following the assessment notice. Contact the County Assessor's office for specific procedures and deadlines.
Q: What happens if I pay property taxes late?
A: Late payments incur penalties and interest charges. After the January 31st deadline, additional collection costs may apply, and properties may eventually be subject to tax sale proceedings.
Q: Are there tax credits for disabled veterans?
A: Oklahoma provides property tax credits for qualifying disabled veterans. These require application and documentation of disability rating. Contact the County Assessor for specific eligibility requirements and application procedures.
Q: How often are properties reassessed?
A: Grady County conducts regular reassessments to maintain current market values. The County Assessor performs visual inspections and market analysis to ensure assessments reflect fair market value as of January 1st each year.
Q: Can I pay my property taxes online?
A: Contact the Grady County Treasurer's office for current online payment options and accepted payment methods. Many counties now offer online payment systems for taxpayer convenience.
Q: How do special district taxes affect my bill?
A: Your total property tax includes levies from all applicable taxing entities serving your property location, including school districts, fire districts, and municipal services. Rates vary significantly depending on which districts serve your specific address.
Q: Do I need to reapply for tax credits annually?
A: Most tax credits require initial application only, but the County Assessor may require periodic verification of continued eligibility, particularly for occupancy-based credits like homestead exemptions.
