Rate Breakdown

Property taxes in Perry County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

Authority	Avg. Rate
County General Fund	0.45%
School District (Avg)	1.20%
City / Local (Avg)	0.35%

How Property Tax Works in Perry County

Property tax is a vital source of revenue for local governments in Kentucky, funding schools, public safety, parks, and other essential services. In Perry County, the process involves several key steps: * **Assessed Valuation:** Every property within Perry County is assessed by the county's assessor’s office to determine its market value. This valuation, based on a variety of factors like age, size, condition, and location, is crucial for determining your property tax bill. * **Mill Rates:** Mill rates are applied to the assessed values by local taxing authorities (county government, school districts). These mill rate amounts represent the specific funding levels each district requests for their respective services.

Available Exemptions

Kentucky offers a range of exemptions to help homeowners and property owners with certain circumstances avoid paying full property tax.

• Homestead Exemption: This exemption is available to eligible homeowners who occupy the property as their principal residence for at least one year. It typically reduces the taxable value of your property by a percentage, significantly reducing your property tax liability.
• Senior Citizen Exemption: For qualified seniors aged 65 or older, the senior citizen exemption reduces their property taxes to a significant degree. The specific requirements and percentage for this exemption vary depending on individual circumstances.
• Disability Exemption: This exemption provides tax relief for individuals with disabilities who meet certain eligibility requirements. The amount of the exemption is determined based on the severity of the disability, and it can provide substantial savings on property taxes.
• Veteran Exemption: For eligible veterans who served honorably in the armed forces, this exemption provides a reduction in property tax liability. The extent of the exemption varies according to the veteran's service history and other factors determined by the Kentucky Department of Veterans Affairs.

Payment Schedule & Deadlines

Property taxes are typically due annually on **October 1st**. However, there may be specific deadlines for installment payments based on your chosen payment method.

• Regular Payments: You can pay your property tax bill in full by October 1st.
• Installment Payments: To avoid late fees, set up automatic payments or schedule a monthly payment through various options offered by the county.
• Late Payment Penalties: Failure to pay your taxes on time will result in late charges and penalties. It is recommended to review the payment timeline and deadlines clearly before the due date to ensure timely payments.

Appealing Your Assessment

If you believe your property's assessed value may be inaccurate, there are options for appealing your assessment through the Perry County Property Tax Board.

• Request a Review: Contact the Perry County Assessor’s office to initiate the appeal process. You will need to provide detailed documentation and supporting evidence to support your claim.
• Board Hearing: If your appeal is accepted, you will be scheduled for a hearing before the Perry County Property Tax Board. This hearing offers a platform to present your case in person.