Q: When are property taxes due in Cochran County for the current fiscal year?
A: Property taxes are due in installments: first payment by September 1, second payment by December 1, and final payment by January 31 of the following year.
Q: What homestead exemption is available and how do I apply?
A: The school district provides a $100,000 homestead exemption for primary residences. This exemption also caps annual assessment increases at 10%. You must apply through the Cochran County Appraisal District - it is not automatic.
Q: Are there additional tax credits for seniors or disabled persons?
A: Yes, persons age 65 or older or disabled qualify for an additional $10,000 school district exemption. Disabled veterans may qualify for additional exemptions. All require separate applications with supporting documentation.
Q: How often are properties assessed in Cochran County?
A: Properties are assessed annually by the Cochran County Appraisal District. Assessment notices are typically mailed in spring, with values reflecting market conditions as of January 1.
Q: What if I disagree with my property assessment?
A: You can file a protest with the Cochran County Appraisal Review Board. Protest deadlines are typically in May - check your assessment notice for specific dates and procedures.
Q: What are the penalties for late property tax payments?
A: Penalties and interest accrue on late payments. The county collected $41,691 in penalty and interest revenue in the most recent fiscal year, indicating enforcement of late payment penalties.
Q: Can I pay property taxes online?
A: Contact the Cochran County Tax Assessor-Collector's office for current online payment options and accepted payment methods.
Q: How do special district taxes affect my bill?
A: Special districts for services like hospitals, fire protection, or water add additional tax rates ranging from $0.24550 to $0.27750 per $100 valuation. Your specific rate depends on which districts serve your property location.
Q: What triggers a supplemental tax assessment?
A: Change of ownership, new construction completion, major improvements, property subdivision, or correction of assessment errors can trigger supplemental taxes prorated for the remaining tax year.
Q: Do I need to reapply for exemptions each year?
A: Generally no, once approved, most exemptions continue automatically as long as you remain eligible. However, you should notify the appraisal district of any changes in circumstances that might affect eligibility.
