Q: When are Marion County property taxes due for the current fiscal year?
A: Property taxes are due by January 31st annually. However, Marion County offers split payment options with first installment due October 15th and second installment due December 1st. Taxes become delinquent February 1st and incur penalties and interest.
Q: What homestead exemptions are available and how do I apply?
A: The primary homestead exemption provides $100,000 off assessed value for school district taxes only. You must apply with the Marion County Appraisal District by April 30th of the tax year. The exemption also caps annual assessment increases at 10%. Additional exemptions are available for seniors (65+), disabled veterans, and disabled persons - all require separate applications.
Q: How does the 10% homestead cap work?
A: For properties with approved homestead exemptions, the assessed value for tax purposes cannot increase more than 10% annually, regardless of market value increases. This caps assessment growth, not the actual market value. If market value increases 20%, your taxable assessment can only increase 10% that year.
Q: When can I appeal my property assessment?
A: Property owners may file appeals with the Marion County Appraisal Review Board typically between May 1st and July 25th annually. You'll receive a notice of appraised value in April with specific appeal deadlines and procedures. Appeals must be filed within 30 days of receiving your notice.
Q: What are the penalties for late property tax payments?
A: Taxes become delinquent February 1st and incur immediate penalties of 6% in February, 7% in March, and 8% from April forward. Interest accrues at 1% per month. Attorney fees may be added for collection actions, and properties can eventually be subject to tax foreclosure.
Q: Can I pay my property taxes online?
A: Yes, Marion County typically offers online payment options through the county tax office website. Payment methods usually include electronic check, credit card, and debit card, though convenience fees may apply for card payments.
Q: Why do tax rates vary within Marion County?
A: Property tax bills combine multiple taxing entities - county, school districts, cities, and special districts (MUDs, utility districts, etc.). Each sets its own rate, so your total rate depends on which combination of districts serves your specific property location.
Q: Are there property tax exemptions for veterans?
A: Yes, disabled veterans may qualify for exemptions based on their disability rating. Veterans with 10% or higher service-connected disabilities can receive partial exemptions, while 100% disabled veterans may qualify for total exemptions. Surviving spouses may also qualify. Applications must be filed with the Marion County Appraisal District with required VA documentation.
