April 23, 2019
By: Dwayne Page
Good news from the Trustee’s Office
2018 property tax collections have exceeded budget projections.
During Monday night’s county commission meeting, Trustee Sean Driver said as of Monday, April 22, 94.75% of the 2018 property taxes had been collected of the $9.1 million to be collected which includes property, residential, commercial, personal, and public utility taxes. That is just below 95% collections of 2017 property taxes through April 22, 2018.
Each year for budgetary purposes, the county projects collections at 94% with a 6% delinquency rate.
Total assets and liabilities match as of April 22 at $28.4 million.
Penalties are now accruing on 2018 taxes which were not paid by the February 28 deadline. Any 2017 unpaid taxes have now been turned over to the Chancery Court for collection.