Delinquent Tax Collection
Once the taxes are computed by the county, the tax roll is certified and turned over to the tax collector. The tax collector bills and collects all taxes. Tax statements mailed to property owners show the assessed value and real market value of the property and the taxes imposed for each taxing district. The tax statements also indicate any delinquent taxes from previous tax years.
Taxes become a lien on all property on July 1 of each year. Tax statements are mailed by October 25. To receive any applicable discounts and avoid interest charges, tax payments are due November 15. A discount of 3 percent is allowed if full payment is made by November 15; a 2 percent discount is allowed for a two-thirds payment made by November 15. Taxpayers may elect to pay in thirds. If they do so, no discount is allowed, and the first one-third of taxes is due November 15, the second one-third on February 15, and the final one-third on May 15. For late payments, interest accrues at a rate of 1 and 1/3 percent per month (16 percent per year).
If the property is real property, taxes are delinquent if not paid fully by May 15. If, after three years from the tax due date, taxes still are unpaid, the county will initiate tax foreclosure proceedings. Foreclosure is the legal process by which the county acquires title to a property. The property then can be sold to satisfy the tax debt.
If the property is business personal property, taxes are delinquent immediately after any required payment is missed. Counties issue warrants for collection 30 days after delinquency and may seize the property for collection at any time after delinquency.
As taxes are collected, the county treasurer makes periodic distributions of the money to the taxing districts.