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Property tax deadline approaching

January 28, 2011

Time is quickly running out for are residents who haven't paid their 2010 property taxes, with Monday being the last day to ante up before accruing penalties and interest.

Area property owners have until 5 p.m. Monday to pay their property taxes or have their payment post marked, according to County Tax Assessor Kathy Sayles.

“Once the taxes go delinquent in February, the penalties and interest start at 7 percent and increase each month,” said Sayles. “As of July 1, penalty and interest grows to 18 percent, with an additional penalty tacked on for attorney fees.”

Approximately 36,000 to 37,000 tax statements were mailed out in mid-October, according to Sayles, and area residents who aren’t sure how much they owe can get that information over the phone or in person at the tax office.

For more information, you may subscribe to the Big Spring Herald or purchase an e-edition.

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