Q: When are property taxes due in Monroe County for the current fiscal year?
A: Property taxes are due by November 1st each year and become delinquent after April 1st of the following year. Personal property taxes are due by May 15th.
Q: What tax credits are available for homeowners and how do I apply?
A: The primary credit is the Homestead Exemption, which can reduce your taxable assessment by up to $39,300. This credit is NOT automatic and requires application with the Monroe County PVA. Additional credits may be available for disabled veterans, seniors, or disabled persons - contact the PVA office for applications and deadlines.
Q: How does the Homestead Credit work?
A: The Homestead Credit limits assessment increases to no more than 10% per year on your primary residence and provides up to $39,300 in assessment reduction. It does NOT reduce your home's market value - it reduces the taxable assessed value. You must apply with the PVA and requalify periodically.
Q: How often are properties reassessed in Monroe County?
A: Kentucky law requires properties to be assessed annually, but Monroe County typically conducts comprehensive reappraisals every 4-6 years with annual updates for market changes, new construction, and property improvements.
Q: What if I disagree with my property assessment?
A: You can appeal your assessment to the Monroe County Board of Assessment Appeals. Appeals must typically be filed within 30 days of receiving your assessment notice. Contact the PVA office for appeal forms and procedures.
Q: What are the penalties for late tax payments?
A: Penalties and interest begin accruing after the delinquent date (April 1st). Contact the Monroe County Sheriff's office for current penalty rates and payment arrangements.
Q: Can I pay my property taxes online?
A: Contact the Monroe County Sheriff's office to inquire about online payment options, as availability varies by county in Kentucky.
Q: How do special district taxes work?
A: Special districts for fire protection, libraries, or other services add additional taxes to your bill. The specific districts affecting your property depend on your location within Monroe County. Your tax bill will itemize all applicable district taxes.
Q: What happens if the previous owner didn't pay taxes?
A: Outstanding property taxes typically transfer with the property. Title companies usually handle tax prorations at closing, but verify that all taxes are current before purchasing property in Monroe County.
Q: How can I get a copy of my tax bill or payment history?
A: Contact the Monroe County Sheriff's office, which handles tax collection, or visit the courthouse in Tompkinsville. The PVA office can provide assessment information and exemption applications.
