Chapter 3 Flashcards
A person who turned 65 on May 15 qualifies as of what date
January 1
If taxing unit offers an option general exemption, they can offer up to how much percent
 20%
For school district Texas a person who is 65 or older or disabled, who has a tax ceiling what occurrs
Taxes will not increase above the ceiling amount
This must be mailed on October 1 or soon as practical for what
Tax Bill
Bill is sent to mortgage company who sent to property owner
 mortgage company
 what is a tax bill?
A written statement of taxes owned on a property
What are the requirements for requesting in the electronic bill?
Must be in writing, or an electronic
An agreement between assessor and tax payer
By September 15
For decreases in tax liability such as late exemptions what bill is sent
Corrected bill
 if exemption is removed after the tax bill has been paid which causes an increase, what bill  is sent
Supplemental bill
Steps for electronic tax bills
Agreement between taxpayer and assessor
 Must be in writing or electronic format
By September 15
Assessor not required to agree
Tax rate information on the Internet chief appraiser responsibility is
 create a maintain online property tax database that contains cat information must be available to the public
Corrections made to the tax r
Roll after the governing bodies approval can require the assessor to send
Supplemental bills or corrected bills
This bill is mailed after the tax and unit has sent an original tax bill and before the taxpayer pays it is what
 a corrected bill
A corrected bill is required for
Increases and decreases and liability, such as late filed exemptions
This bill is required when the property owners tax liability increases
 supplemental bill
Loss of exemption proration if the operation reflects gained exemption, the numerator is and the denominator is
the number of days of the year before the exemption applies
Denominator 365
1 d is
Ag use
1D1 is
Open space
Roll back
can go back how many years
 three
1D ag use roll back triggers, if
 change in ownership
1D1 roll back triggers
Change in land use only
Collectors responsibilities include
Receive payments
Deposit distribute funds
Account for all funds
Issue, receipts and tax certificates
Make refunds
Calculate penalties and interest on delinquent taxes
Send delinquency notices
Administer suits and seizures to collect delinquent taxes
Delivery of tax bills
Presumed delivered when bill is placed in the mail due on the date when the property owner receives it
Tax payments can be received how
Check money, order, credit card or electronic funds. Transfers.
2 Collectors payment options
 bills under $15 collector may wait until bill reaches $15
 Partial payments
Escrow counts
Installment payments what are the requirements?
Payment must be at least 1/4 of the tax levy levy and paid before March 1
If taxpayer misses an installment deadline, 6% penalties imposed and interest a cruise on the end installment at one percent per month this is
Official payment requirements
When a taxpayer has pending lawsuit, arbitration, correction, motion or protest
May pay either the tax on the amount due that is not disputed
 collector must accept payment and issue a temporary receipt
Tax receipts must include
 the amount of tax and post each
The amount of tax collected for each year
A description of the property as shown on the tax roll
 the tax role account number of the property, the appraisal role account number, if it differs from the tax role number, the taxable value in the tax rate for each year for which tax receipt is requested
Tax certificates must include
 name an address of the collecting office
Name and address of the property owner
Description of the property for Wichita tax certificate is issued
The account number of the property for which the tax certificate is issued
The delinquent taxes penalties and interest are due
Specified property has received a receiving special valuation, based on its use
The amount of delinquent taxes, penalties and interest due on the property for each tax in unit
Known court cost and expenses
Date of the certificate
Signature of authorized officer
An affirmation by the authorized officer that the records were checked
A statement that made a property is not included
The Taxing unit will lose its tax lien if
 the certificate erroneously fails to list
A person transferred the property accompanied by the certificate
A refund may be applied to delinquent taxes when the taxpayer
Owns a property on which delinquent taxes are due
The taxpayer was a sole owner of the property
The refund amount may be applied as a payment to delinquent account
Cancellation of tax for personal property has to be more than how many years
10
Cancellation of a property tax has to be more than how many years for real property
20
 interest on non-litigated refunds may be required if not paid within how many days
60
A legal document issued by the collector for tax unit that reflects the amount of delinquent tax penalties and interest is
Tax certificate
If any erroneously tax certificate, fails to list, delinquent tax and property owner, transfers, the property accompanied by the certificate what happens to the tax units lien
The tax unit will lose its tax lien
What are the requirements on applying a refund amount to delinquent taxes?
If the tax payer was the sole owner of the property on which a refund is owed and other property on which delinquent taxes are due
A rate that would provide the tax unit with about the same amount of revenue it received in the preceding year from properties, tax and both years
No new revenue tax rate
