Q: When are property taxes due in Wharton County for the current fiscal year?
A: For FY 2025, property taxes can be paid in four installments: 1st payment by January 31, 2nd payment by March 31, 3rd payment by May 31, and 4th payment by July 31. You can also pay the full amount by January 31 without penalty.
Q: What tax credits are available and do I need to apply?
A: Most tax credits require separate applications, including the $100,000 school district homestead exemption, over-65 exemptions, disability exemptions, and veteran exemptions. Applications must typically be filed with the Wharton County Appraisal District by April 30 of the tax year.
Q: How does the homestead exemption work?
A: The homestead exemption provides a $100,000 reduction in taxable value for school district taxes and caps assessment increases at 10% annually. This is an exemption that reduces assessed value, not a credit that reduces taxes directly. You must apply with the appraisal district and re-qualify annually.
Q: When are properties reassessed and can I appeal?
A: Properties are reassessed annually as of January 1. Property owners receive notices of appraised value by May 15 and can protest through the Wharton County Appraisal Review Board. Protest deadlines are typically 30 days after the notice date or May 15, whichever is later.
Q: What are the penalties for late payment?
A: Late payments incur penalty and interest charges. Penalties start at 6% for payments 1-30 days late, increasing to 12% after July 1, plus 1% interest per month. Additional attorney and collection fees may apply for severely delinquent accounts.
Q: Can I pay property taxes online?
A: Yes, Wharton County offers online payment options through their official website. Credit card, debit card, and electronic check payments are typically accepted, though convenience fees may apply for card payments.
Q: Why do tax rates vary within Wharton County?
A: Properties pay taxes to multiple jurisdictions including the county, school districts, cities, and special districts. Since these boundaries don't align perfectly, properties in different areas pay different combinations of taxes, resulting in varying total tax rates across the county.
Q: What happens if I disagree with my property assessment?
A: You can file a formal protest with the Wharton County Appraisal Review Board within 30 days of receiving your notice of appraised value. The protest process includes an informal review and, if necessary, a formal hearing where you can present evidence supporting your position on the property's value.