Property Tax Bills In The Mail - Half Will Be Lower
Friday, July 17, 2009 at 09:38 Tax bills will be mailed to property owners starting July 17, according to County Treasurer Laura Fitzpatrick. Of the nearly 730,000 parcels in Clark County, the taxes on over half of them will be lower than they were the prior year.
The total taxes levied on all real property in the county for fiscal year 2009-2010 (which began July 1) is $2.2 billion, compared to $2.3 billion last fiscal year. This year’s levy includes the taxes on 5,300 new parcels. It also reflects the continuing impact of the property tax relief measure passed into law in 2005. That law, which was put into place to curb the impact of the then-rapidly-escalating property values, limits the amount that taxes can increase from one year to the next. Had the tax cap law not been in effect, the tax levy for this fiscal year would have been $2.6 billion.
Taxes are due on the third Monday in August, but may be paid in four installments if the taxes exceed $100. The installment due dates for fiscal year 2008-2009 are:
Any installment may be paid prior to its due date. In order to avoid penalty, an installment must be paid no later than ten days after its due date.
The property taxes billed and collected by the County Treasurer are disbursed monthly to the various governmental entities that levy taxes, including the state, school district, county, cities, libraries and other special districts.
