Rate Breakdown

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

How Property Tax Works in Bollinger County

Property taxes in Bollinger County are determined by a combination of the property’s assessed value and the local tax rates (millage rates) set by taxing jurisdictions. The process begins with the County Assessor, who determines the "market value" of your property. In Missouri, residential property is assessed at 19% of its true market value, while agricultural property is assessed at 12% and commercial property at 32%. This resulting figure is known as the "assessed value."

The total tax bill is calculated by multiplying the assessed value by the combined millage rates of the various taxing entities that provide services to your area, such as the county government, school districts, ambulance districts, and fire protection districts. These rates are expressed in dollars per $100 of assessed valuation. Because these rates change annually based on budget requirements, your final tax obligation may fluctuate even if your property value remains stable.

Available Exemptions

Missouri offers several relief programs to help eligible homeowners manage their property tax burden. It is important to note that these programs are governed by state law and administered at the county level:

• Senior Citizens Property Tax Relief (Circuit Breaker): This program helps low-income seniors and individuals with disabilities by providing a credit against their state income tax for a portion of the property taxes paid or rent constituting property taxes paid.
• Disabled Veteran Property Tax Credit: Veterans who are 100% service-connected disabled may be eligible for a total exemption from property taxes on their primary residence.
• Homestead Exemption: While Missouri does not have a broad "homestead exemption" that reduces the assessed value of a home for all residents, specific local programs or state-level tax credits may apply depending on your age and income bracket.

We recommend contacting the Bollinger County Assessor’s office to confirm which state-mandated credits you qualify for based on your current documentation.

Payment Schedule & Deadlines

Property tax bills in Bollinger County are mailed annually, typically in November. The deadline for payment is December 31 of the current tax year. Taxpayers are encouraged to pay in full by this date to avoid penalties.

If taxes remain unpaid after December 31, they are considered delinquent. Penalties and interest accrue monthly on unpaid balances, significantly increasing the total amount due. It is vital to ensure your mailing address is current with the County Collector’s office to avoid missing your statement. If you are unable to pay in full, contact the Collector’s office immediately to discuss potential payment arrangements, though interest charges will generally continue to apply.

Appealing Your Assessment

If you believe the assessed value of your property is inaccurate or exceeds its fair market value, you have the right to appeal. The process begins with an informal review by the Bollinger County Assessor’s office. If the issue remains unresolved, you may file a formal appeal with the Bollinger County Board of Equalization. Should you still be dissatisfied with the outcome, the final level of appeal is the Missouri State Tax Commission. You must provide evidence, such as recent appraisals or sales data of comparable properties, to support your claim.