Property (ad valorem) taxes apply to real in an “arms length” transaction between a “willing buyer and seller”, neither being under pressure to buy or sell. The state Legislature has set Property Taxes Ratios as follows:
|Type of Property||Class of Property||Classification % (Assessed Ratio)|
|All Other Property||Class II||20%|
|Farm, Forest, and Owner Occupied||Class III||10%|
|Motor Vehicles||Class IV||15%|
Timetable for Property Taxes
Taxes are collected on the following schedule for the year that ended on September 30.
Payment of taxes may be made as follows:
All mobile home owners must display a current home decal.
Note: To receive Homestead Exemptions II,III,IV taxpayer must file and sign the assessment each year and bring federal and state income tax returns for verification. Industrial exemptions are available. Please check with the Revenue Commissioner for additional information.