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County brings in $3.9mil in tax revenue | Preston Citizen

County brings in $3.9mil in tax revenue

February 23, 2012
By

By ROBERT MERRILL

Assistant editor

Franklin County collected $3,905,139.90 in property taxes this past Dec. 20 and the figure represents monies owed for the first-half tax period of June 21, 2011 through Dec. 20, 2011.

County Treasurer Jeanette McKay said, “This timeframe reflects the first half of the 2011 property tax charge. Approximately 55 percent of property owners in the county paid their entire tax bill last December. This is almost always the case.”

The property tax bill has two deadlines for payment in Idaho. The first half is due on Dec. 20 every year. The second half is due by the following June 20, said McKay.

 

“Even though the tax bill is split into at least two payments, the majority of property owners still opt to pay the entire amount in December every year.”

She said the entire tax charge on property in the county is $7,102,758.76. “On a percentage basis, we feel pretty good about what we collected through Dec. 20. Our first-half collection rate was actually down by one percent, compared to last year.”

This story is sponsored by  Cache Business Resource Center.

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