Q: When are Grayson County property taxes due for the 2025 tax year?
A: Property taxes are due by May 15, 2025. Late payments are subject to penalties and interest charges.
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, which REQUIRES annual application. Contact the Grayson County Property Valuation Administrator at (270) 259-3056 for applications and deadlines.
Q: How does the Homestead Credit work?
A: The Homestead Credit reduces your assessed value by $49,100, not your market value. It requires application and is designed to limit assessment increases on your primary residence. This is a credit that reduces taxable value, not an exemption.
Q: How often are properties reassessed in Kentucky?
A: Kentucky conducts county-wide reassessments every four years. Between reassessments, the Property Valuation Administrator may adjust individual properties based on sales data or improvements.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest charges. The county may also place liens on delinquent properties and eventually proceed with tax sales for severely delinquent accounts.
Q: Can I pay my property taxes online?
A: Contact the Grayson County Sheriff's Office or Property Valuation Administrator for current online payment options and accepted payment methods.
Q: How do special taxing districts affect my tax bill?
A: Your location determines which special districts apply (fire, library, school districts, municipalities). Each district adds to your total tax rate, which is why rates vary significantly within Grayson County.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Grayson County Board of Assessment Appeals within specific deadlines after receiving your assessment notice. Contact the Property Valuation Administrator for appeal forms and procedures.
Q: Do I need to file for the Homestead Credit every year?
A: While the initial application establishes eligibility, you should verify annually that your credit is being applied. Changes in ownership or residency status require new applications.
Q: What's the difference between tax credits and exemptions?
A: Tax credits (like the Homestead Credit) reduce your assessed value and require application. True exemptions completely remove property from taxation (such as certain religious or charitable properties) and have separate qualification requirements.
