Q: When are property taxes due in Wolfe County for 2025?
A: Property taxes are due by November 1, 2025. However, you can receive a 2% discount if you pay by September 15, 2025.
Q: What homestead tax credits are available and do I need to apply?
A: Kentucky offers a Homestead Exemption that limits annual assessment increases to 10% for qualifying primary residences. This credit requires annual application with the PVA office and is not automatically applied.
Q: How does the homestead credit work exactly?
A: The homestead credit doesn't reduce your home's market value, but it caps how much your assessed value can increase each year to 10%. You must file an application annually with the Wolfe County PVA office to maintain this benefit.
Q: When will my property be reassessed?
A: Kentucky requires annual assessments as of January 1st each year. The PVA reviews property values continuously, with physical inspections occurring on rotating schedules or when prompted by sales or improvements.
Q: How do I appeal my property assessment?
A: You can appeal during the tax roll inspection period by first conferencing with the PVA office, then filing a formal appeal by the close of business the day following the last day of the inspection period.
Q: What are the penalties for late property tax payments?
A: Late payments incur penalties and interest. Properties with delinquent taxes may be subject to tax sales, with the 2024 Delinquent Tax Sale scheduled for September 9, 2025 at 9:00 AM.
Q: Can I pay my property taxes online?
A: Contact the Wolfe County PVA office directly to inquire about online payment options and acceptable payment methods.
Q: Why might my tax rate differ from my neighbor's?
A: Tax rates vary within Wolfe County based on special taxing districts such as different school districts, fire districts, or municipal boundaries that may apply to your specific property location.
Q: Are there tax credits for seniors or disabled persons?
A: Kentucky offers various tax relief programs for seniors and disabled persons. Contact the Wolfe County PVA office to learn about available programs and application requirements, as these typically require annual applications and income verification.
Q: What happens if I disagree with a supplemental tax assessment?
A: You can appeal supplemental tax assessments through the same process as regular assessments. Contact the PVA office within the appeal deadline to discuss your concerns and file any necessary paperwork.
