By ROBERT MERRILL
Property owners in Franklin County and across Idaho have until Tuesday, Dec. 20, at 5 p.m. to pay their first-half, 2011 property tax payments.
The full property tax assessment bill has two deadlines for payments. The first half is due on Dec. 20 every year. The second half is due by June 20, said Treasurer Jeanette McKay.
“Payments have really been coming into our office, and things have been quite steady. For whatever reason we have noticed an unusually large number of folks mailing in their tax payments, which is just fine.
“We usually are the busiest the week prior to the Dec. 20 deadline,” she said. “To avoid delays at this busy time of year, I would suggest people come in now to take care of things.”
McKay said residents may not realize they can make tax payments monthly or quarterly if they desire, just as long as the first-half installment is paid in full prior to the Dec. 20 deadline and the entire tax amount is taken care of prior to June 20.
“These arrangements can eliminate a large tax bill coming due all at once, especially right before Christmas. Residents wanting more information regarding this method of payment can contact my office at 852-1095,” she said.
Those who fail to meet the deadlines are subject to a 2 percent penalty for the entire taxable amount, beginning Dec. 21. A 12 percent annual interest penalty is assessed on Jan. 1.
McKay said property taxes for residents living within the Preston School District have generally decreased due to trustees returning monies approved in an override levy held this past spring.
“Taxes for those living outside the Preston School District have also decreased slightly or stayed the same as long as property assessments have remained level. Individual circumstances may vary for others,” she added.
McKay emphasized the state’s property tax reduction program, formerly called the Circuit Breaker, is a method senior citizens (65 years old and older) and widows can utilize to get taxes reduced if they meet income and other guidelines.
“Residents can get a state application form from the assessor’s office,” McKay said. “The application period is from Jan. 2 through April 15 every year.
“This is a state program, totally. Local officials have no say in who qualifies. We do not have any input regarding the amount of taxes that may be reduced.”
McKay said residents need to be aware of another change being instituted by the county as a cost-savings.
“In the past, every May we have mailed out reminders about the June 20 deadline for tax payments. This year we will not be sending out these reminders.
“If anyone has any questions about this, they can contact my office.”
Powered by Max Banner Ads