Q: When are property taxes due in Lawrence County?
A: Property taxes are due by March 1st annually for the current tax year. Tax bills are mailed out by March 1st each year, and early payment discounts may be available for payments made on or before the specified early payment date.
Q: What tax credits are available and do I need to apply?
A: The primary credit available is the Homestead Tax Credit of up to $500 annually, but it requires application - it is not automatic. Beginning with 2026 tax bills, this credit may be expanded. Veterans with disabilities may qualify for additional credits. All credits require separate applications filed with the county assessor.
Q: How does the Homestead Tax Credit work?
A: The Arkansas Homestead Tax Credit provides up to $500 in tax credit (reduces your tax bill, not assessed value) for owner-occupied residences. You must apply annually with the Lawrence County Assessor's office. This is a credit against taxes owed, not an exemption that reduces assessed value.
Q: When are properties reassessed?
A: Arkansas law requires property to be appraised every three to five years. Lawrence County typically follows a cyclical reassessment schedule. Property owners receive notification of assessment changes and have appeal rights through the county equalization board.
Q: What are the penalties for late payment?
A: Late payments incur penalties and interest charges as specified by Arkansas state law. Unpaid taxes can result in tax liens and eventual tax sale proceedings. Contact the Lawrence County Collector's office for specific penalty rates and procedures.
Q: Can I pay property taxes online?
A: Contact the Lawrence County Collector's office directly for current online payment options and accepted payment methods. Many Arkansas counties now offer online payment systems for property taxes.
Q: Why do tax rates vary within Lawrence County?
A: Property tax rates vary based on your location within different taxing districts, including school districts (Lawrence County School District, Walnut Ridge, etc.), fire districts, library districts, and municipal boundaries. Each district sets its own millage rate for services provided.
Q: How do I appeal my property assessment?
A: Property owners can appeal assessments through the Lawrence County Board of Equalization. Appeals must typically be filed within 30 days of receiving assessment notices. Contact the county assessor's office for specific procedures and deadlines.