Q: When are Simpson County property taxes due for FY 2025?
A: Property taxes are due by May 15th annually. However, there's an early payment discount period from September 15 to November 1 offering a 2% discount.
Q: What tax credits are available and how do I apply?
A: The primary credit is the Homestead Exemption for property owners 65 or older, which requires annual application to the PVA office. Additional exemptions may be available for disabled veterans, surviving spouses, and certain agricultural properties. All credits require separate applications and are not automatic.
Q: How does the Homestead credit work?
A: The Homestead credit limits annual assessment increases rather than reducing market value. Qualified applicants (65+) must file annually with the PVA office. The credit caps assessment growth to help control tax increases for eligible senior homeowners.
Q: How often are properties reassessed in Simpson County?
A: Kentucky law requires annual assessments by the Property Valuation Administrator. However, market value adjustments typically occur when there are significant market changes or property improvements.
Q: What happens if I pay my taxes late?
A: Property taxes become delinquent after May 15th and accrue interest and penalties. Delinquent properties may be subject to tax sale proceedings, as noted in Simpson County's annual delinquent tax sale typically held in August.
Q: Can I pay my property taxes online?
A: Contact the Simpson County Clerk's office at (270) 586-8161 to inquire about online payment options and accepted payment methods.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Simpson County Board of Assessment Appeals during the designated appeal period, typically in May following the assessment notice.
Q: Do special districts affect my tax rate?
A: Yes, your location within Simpson County determines which special taxing districts apply to your property, including fire districts, school districts, and municipal boundaries, which can significantly impact your total tax rate.
Q: Are business properties taxed differently?
A: Yes, business personal property and real estate may be subject to additional assessments. Simpson County also levies an occupational tax of 1.25% on businesses effective June 3, 2025, separate from property taxes.
Q: How do I get exemptions for agricultural or forestry land?
A: Agricultural and forestry exemptions require separate applications through the PVA office with specific deadlines and qualification requirements. These applications must be renewed periodically and are not automatic.