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Tuesday, May 3, 2016

Treasurer says property tax assessments not yet available, contrary to rumor

Friday, November 7, 2003

According to a person who phoned The Times, there is a rumor going around town that the reassessment is done and people can find out their new tax liability if they go to the Treasurer's Office at the court house and ask. That is not correct.

According to Clay County Treasurer Jack Withers, the reassessment part is done.

However, the new rate has not been established by the state. Therefore, neither the Clay County Auditor nor the Treasurer can determine what anyone's new tax liability is at this time.

Withers said it will probably be December and possibly even January or February before statements are actually mailed out. He recommends that property owners go ahead and make a tax payment based on last year's tax rate.

"It's to their advantage to pay taxes this year so they can take it as a tax deduction on their Federal return," Withers said. "They must make a payment on their taxes before Dec. 31, 2003, to qualify."

Withers also said property owners need to remember taxes will come due again in May next year. So if they don't pay anything this year, next year they will be required to pay two years worth of taxes at once. It may be a serious financial burden for many people. The Treasurer's office is accepting payments based on what was paid last year, 2002.

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