This week marks the last few days to pay property taxes.
Overton County Trustee Peggy Smith said that with the deadline on Tuesday, this is a very busy time for her office. She said Overton County has several methods of payment, including cash, check, and various online options.
“And this year we have had a tremendous amount of people paying online,” Smith said. “And I think it’s getting more and more every year. So it’s really been a good thing for Overton County.”
Smith said approximately $2.2 million of property taxes is currently unpaid. She said she expects her office to collect at least $1 million of that over the course of the next five days.
“It is broken down by the county tax rate which is set by the county commission,” Smith said. “Our general fund gets a percentage, our solid waste gets a percentage, highway department gets a little, and then our GP schools and our debt service. It’s broken down by those five funds.”
Smith said that starting March 1st interest will apply at an additional 1.5 percent for each month the tax goes unpaid. She said that after two years, the delinquent taxes will be turned over to the clerk and master’s office where should they still be unable to collect, it will go to a tax sale on the property.
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