Q: When are property taxes due in Franklin County for FY 2025-2026?
A: Property tax bills are mailed by October 29, 2025, with the first payment due by November 2, 2025. Contact the Franklin County Sheriff's Office for complete payment schedule information.
Q: What tax credits are available and do they require application?
A: The primary tax credit is the homestead exemption valued at $49,100 for the 2025-2026 assessment years. This credit REQUIRES ANNUAL APPLICATION and is not automatic. Additional credits may be available for seniors, disabled persons, or veterans - contact the Franklin County PVA office to determine eligibility and application requirements.
Q: How does the homestead exemption work?
A: The homestead exemption reduces your property's assessed value by $49,100, which lowers your tax bill. This is NOT a cap on assessment increases but rather a direct reduction in taxable value. You must apply annually, and the exemption cannot be claimed on multiple properties in Kentucky or other states.
Q: How often are properties reassessed in Franklin County?
A: Kentucky law requires property reassessment, though specific cycles vary. Contact the Franklin County Property Valuation Administrator (PVA) for current assessment schedules and to understand when your property was last assessed.
Q: Can I appeal my property assessment?
A: Yes, property owners can appeal assessments through the Franklin County Board of Assessment Appeals. Supplemental tax bills may result from the appeals process if assessments are adjusted upward after appeal resolution.
Q: What are the penalties for late property tax payments?
A: Late payment penalties and interest apply to delinquent property taxes. The delinquent tax sale is scheduled for August 13, 2025. Contact the Franklin County Sheriff's Office for specific penalty rates and collection procedures.
Q: Can I pay property taxes online?
A: Contact the Franklin County Sheriff's Office directly to inquire about online payment options and accepted payment methods for property taxes.
Q: Why do property tax rates vary within Franklin County?
A: Tax rates vary based on special taxing districts that serve different areas of the county. These can include school districts, fire protection districts, library districts, and other municipal services. Your total rate depends on which districts serve your property's location.
Q: Where do I apply for tax credits or exemptions?
A: Applications for homestead exemptions and other property tax credits are typically filed with the Franklin County Property Valuation Administrator (PVA). Contact the PVA office for specific application forms, deadlines, and eligibility requirements.
Q: What triggers a supplemental tax bill?
A: Supplemental bills are issued when property assessments change outside the regular assessment cycle due to new construction, property improvements, ownership changes, or resolved assessment appeals that result in higher taxable values.
