Linn County property tax statements are in the mail
ALBANY — Linn County residents will begin receiving their property tax statements this week.
Approximately 62,000 statements were mailed on Oct. 18. If you do not receive your tax statement by Nov. 1, please call the Assessment and Taxation office at 541-967-3808 or email assessor@co.linn.or.us to get a duplicate copy.
Taxes are levied based on the Assessed Value on the Property Tax statement. The Real Market Value on the Property Tax Statement is based on the assessment date of January 1, 2024. The Real Market Value is the estimated amount of money that could reasonably be expected to be paid for a property by an informed buyer to an informed seller.
The total Real Market Value of all property in Linn County is $27.4 billion (up almost $400 million), and the Assessed Value of all property in Linn County is $13.5 billion (up about $450 million).
Schools receive 41.7% of Linn County taxes, the county receives 23.5%, cities 23%, rural fire districts, 7%, urban renewal 3.2%, and miscellaneous 1.6%.
Notable voter approved tax changes: Properties within the Jefferson Rural Fire District will see a new Local Option Levy starting this year at a rate of $.81 (81 cents) per thousand of assessed value. Properties within the Sweet Home Fire & Ambulance District will see a new bond rate of $.46 (46 cents) per thousand of assessed value, replacing a previous bond. Sweet Home residents may notice an increase of the Sweet Home law enforcement levy. In the past two years they had under-levied, and this year will receive the total voter approved levy amount of $7.85 per thousand of assessed value.
Pay your taxes in full by Nov. 15 to receive a 3% discount.
There is a payment drop box at the west end (Ferry Street) entrance of the courthouse on the left side of the doors.
You can look up your individual tax information at https://www.linncountyor.gov/assessor/page/account-detail
Taxes can be paid on-line at https://www.linncountyor.gov/assessor/page/online-tax-payments.
The site also features videos that explain the property tax system at https://www.linncountyor.gov/assessor/page/property-tax-informational-videos.
Property Tax Payment Schedule
To avoid interest charges and receive any applicable discount choose one of the following payment schedules:
Full Payment: Receive a three percent (3%) discount on the current year, if paid in full by November 15. We accept postmark.
Two-thirds Payment: Receive a two percent (2%) discount on the current year, if the first two-thirds payments are made by Nov 15. Pay the final one-third balance by May 15.
One-third Payment: No discount allowed. Pay one-third by November 15. Pay a second one-third payment by February 18. Pay the final one-third balance by May 15.
Reminder: Notices are not sent for February or May payments.
Interest is charged on any past due installment for the schedule you choose. Statute determines the interest rate.
Property Owners with questions or concerns are encouraged to contact the Linn County Assessor’s Office at 541-967-3808.