Q: When are property taxes due in Leake County?
A: Property taxes for the 2025-2026 fiscal year are due by March 3, 2026. An extension was granted for impacted counties, so check with the Tax Collector for any updates.
Q: What tax credits are available and do I need to apply?
A: The primary tax credit is the Homestead Credit, which reduces assessed value by up to $7,500 for owner-occupied residences. This credit requires application with the county assessor and is NOT automatic. Additional credits may be available for disabled veterans, elderly residents, or other qualifying circumstances.
Q: How does the Homestead Credit work?
A: The Homestead Credit provides up to $7,500 reduction in assessed value for your primary residence. Homes valued at $75,000 or less receive complete property tax exemption. The credit also caps annual assessment increases. You must apply with the county assessor's office - it is not automatically applied.
Q: When are properties reassessed?
A: Mississippi law requires property to be appraised every four years, though the county assessor may conduct interim assessments for new construction or significant improvements. Assessment notices are typically mailed in summer.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the county assessor within 30 days of receiving your assessment notice. If unsatisfied with the assessor's decision, you can appeal to the County Board of Supervisors, then to the State Tax Commission.
Q: What are the penalties for late payment?
A: Late payments incur interest and penalties. Contact the Leake County Tax Collector for specific penalty rates and payment options if you cannot pay by the March deadline.
Q: Can I pay property taxes online?
A: Contact the Leake County Tax Collector's office to inquire about online payment options and accepted payment methods for current tax bills.
Q: Why is my tax bill higher than the county rate suggests?
A: Your total tax bill includes county taxes plus school district taxes, municipal taxes (if in city limits), and special district taxes (fire, water, etc.). The 42.25 mill rate is only the county portion.
Q: What if I disagree with special district charges on my bill?
A: Special district taxes are set by separate governing bodies (school boards, municipal councils, special district boards). Contact the specific taxing entity to understand their rates and services provided.
Q: Do I need to reapply for tax credits annually?
A: Most tax credits, including the Homestead Credit, require initial application but then renew automatically as long as you remain eligible and the property remains your primary residence. However, you should verify this with the county assessor as requirements can change.
