Q: When are property taxes due in Montgomery County?
A: Property taxes for FY 2025-2026 are due by December 1st. Tax statements are mailed by mid-November each year.
Q: What tax credits are available and how do I apply?
A: Montgomery County offers several tax credits including the Homestead Property Tax Credit (up to $750-$1,100 based on income), Senior/Disability Credits, and Veterans Credits. All credits require annual application through the Missouri Department of Revenue or County Assessor's office and are NOT automatically applied.
Q: How does the Homestead Credit work?
A: The Homestead Credit helps limit annual assessment increases rather than reducing market value. It requires annual filing and provides a credit against your tax bill based on household income. The credit caps assessment growth to help homeowners affected by large valuation increases.
Q: How often are properties assessed in Montgomery County?
A: Missouri law requires properties to be assessed every two years. Montgomery County follows an odd-year assessment schedule, with the most recent comprehensive assessment in 2023 and the next scheduled for 2025.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest charges. Properties become delinquent after December 1st, and the county may initiate tax sale proceedings for chronically delinquent properties.
Q: Can I pay my property taxes online?
A: Yes, Montgomery County offers online payment options through the County Collector's website. You can pay by electronic check or credit card, though credit card payments may incur processing fees.
Q: How do special district taxes affect my bill?
A: Your total tax rate depends on which fire district, ambulance district, school district, and other special districts serve your property. Rates can vary significantly across the county based on these district boundaries.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Montgomery County Board of Equalization by August 15th following the assessment year. You can also appeal to the State Tax Commission if unsatisfied with the local board's decision.
Q: What triggers a supplemental tax bill?
A: Property sales, new construction completion, major improvements, or assessment corrections can trigger supplemental taxes. These are prorated for the remaining portion of the tax year.
Q: Are property tax credits automatic?
A: No, ALL property tax credits in Montgomery County require annual application. Contact the County Assessor's office or Missouri Department of Revenue for specific application deadlines and requirements.