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Updated 2025 Tax Year

Fulton County
Property Tax Guide

Everything you need to know about property taxes in Fulton County, KY. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
3% base rate, varies significantly by location due to additional district assessments
Exemptions
4+ Available
Section 1

How Property Tax Works

Fulton County, Kentucky operates under the state's property tax system to fund essential local services including schools, roads, public safety, and county operations. Property taxes are assessed annually based on the fair cash value of real estate and personal property, with tax bills calculated by applying local tax rates to the assessed value minus any applicable tax credits.

For the 2025 tax year, Fulton County has a property tax rate of 3% that applies to assessed property values. However, actual tax rates can vary significantly depending on your location within the county due to additional assessments from special taxing districts such as school districts, fire districts, and other local governmental entities. Property owners should verify their specific tax rate based on their exact location and applicable special districts.

The county follows Kentucky's standard property tax calendar, with assessments typically conducted annually and tax bills issued in the fall. Property owners have opportunities to review and appeal their assessments during designated inspection periods, and various tax credits may be available to qualifying residents who submit proper applications.

Section 2

What Makes Up Your Tax Bill

ComponentRateDescription
County GeneralVariesFunds county operations and services
School DistrictVariesLocal school district operations
All Other Risks3.0%Base property tax rate for FY 2025
Special DistrictsVariesFire districts, library districts, other local services

Note: The 3% rate shown applies to the "all other risks" category for Fulton County in 2025. Total effective tax rates vary by location within the county depending on which special taxing districts apply to your specific property address. Contact the Fulton County Property Valuation Administrator (PVA) office for your exact tax rate based on your property's location and applicable districts.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Fulton County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Fulton County are additional property tax assessments that occur when there are changes to property ownership, improvements, or new construction after the regular assessment date. These taxes are calculated on a pro-rated basis for the portion of the tax year during which the change occurred.

Common triggers for supplemental taxes include: new construction completion, property splits or combinations, change in property use classification, or discovery of previously unassessed improvements. The supplemental tax is calculated by determining the difference between the old and new assessed values, applying the applicable tax rate, and pro-rating for the remaining months in the tax year.

For example, if a $100,000 home addition is completed in January and the local tax rate is 1.2%, the annual supplemental tax would be $1,200. However, since the improvement was available for the full tax year, the owner would pay the complete supplemental amount when billed, typically within 30-60 days of the assessment change.

Example Calculation

Example 1: $300,000 Home

  • Assessed Value: $300,000
  • Homestead Credit Applied: $49,100 (requires application)
  • Net Taxable Value: $250,900
  • Tax Rate: 1.2% (estimated total rate)
  • Annual Tax: $3,011
  • Monthly (if escrowed): $251

Example 2: $600,000 Home

  • Assessed Value: $600,000
  • Homestead Credit Applied: $49,100 (requires application)
  • Net Taxable Value: $550,900
  • Tax Rate: 1.2% (estimated total rate)
  • Annual Tax: $6,611
  • Monthly (if escrowed): $551

Example 3: $1,000,000 Home

  • Assessed Value: $1,000,000
  • Homestead Credit Applied: $49,100 (requires application)
  • Net Taxable Value: $950,900
  • Tax Rate: 1.2% (estimated total rate)
  • Annual Tax: $11,411
  • Monthly (if escrowed): $951

Note: These examples use estimated total tax rates. Actual rates vary by location and special districts. The Homestead Credit requires annual application and may have income limitations. Contact the PVA office for current rates and credit eligibility.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Fulton County require property tax escrow accounts for borrowers with less than 20% down payment. Your lender collects monthly property tax payments along with your mortgage payment and holds these funds in a separate escrow account. The lender pays your property taxes directly to the county when they become due.

Property taxes in Fulton County are typically due by May 15th of each year, with a discount period from September 15 to November 1 offering a 2% reduction for early payment. Lenders usually pay during the discount period to minimize costs. Your lender will provide an annual escrow analysis showing payments received, taxes paid, and any required adjustments to your monthly escrow amount.

If you don't have an escrow account, you're responsible for paying property taxes directly to the Fulton County Sheriff's office or designated collection agency. You can verify your tax amount and make payments online, by mail, or in person. Keep records of all tax payments as they may be deductible on your federal income tax return.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Fulton County for the current fiscal year? A: Property taxes are due by May 15, 2025. There's an early payment discount of 2% available from September 15 through November 1, 2024.

Q: What tax credits are available and do they require application? A: The primary credit is the Homestead Credit worth $49,100 for the 2025-2026 assessment years. This credit REQUIRES APPLICATION and is not automatic. Contact the PVA office for application forms and deadlines.

Q: How does the Homestead Credit work? A: The Homestead Credit reduces your assessed value by $49,100, which limits assessment increases rather than reducing market value. You must apply annually and may need to meet income requirements. This is a tax credit that reduces your tax bill, not an exemption.

Q: When can I appeal my property assessment? A: During the annual tax roll inspection period, you can meet with the PVA to discuss your assessment. You have until close of business the day after the inspection period ends to file an appeal following your conference.

Q: What are the penalties for late payment? A: Late payments typically incur interest and penalties. Contact the Fulton County Sheriff's office for current penalty rates and payment options if your taxes are overdue.

Q: Can I pay property taxes online? A: Check with the Fulton County Sheriff's office or visit the county website for current online payment options and accepted methods.

Q: How do special taxing districts affect my tax rate? A: Your total tax rate includes county, school, and any special district taxes (fire, library, etc.) that apply to your property's location. Rates vary throughout the county based on which districts serve your area.

Q: Do I need to file anything annually for property taxes? A: While property tax assessments are generally automatic, tax credits like the Homestead Credit require annual application. Contact the PVA office about application deadlines and requirements for any credits you wish to claim.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Motor Vehicle Property Tax Rates 2025revenue.ky.gov
02
Deedsfultoncoclerkky.gov
03
Tax Doc
COMMONWEALTH OF KENTUCKY PROPERTY TAX RATESrevenue.ky.gov
04
County
SBA Adds Fulton County to Kentucky Declaration ...sba.gov
05
Tax Doc
2025 PERSONAL PROPERTY TAX FORMS AND ...revenue.ky.gov
06
Tax Doc
The Collection Process for Property Tax Billsrevenue.ky.gov
07
Homestead Exemption - Department of Revenue - Kentucky.govrevenue.ky.gov
08
State
2019 Real Estate Exemption List. ...apps.legislature.ky.gov
09
State
Foreclosing on Opportunity: State Laws and Mortgage Creditfederalreserve.gov
10
Tax Doc
Property Tax Forms and Instructions for Public Service ...revenue.ky.gov
All sources verified as of 2025 Tax Year

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