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Taxing times: To avoid penalty, pay property taxes by Jan. 31

December 29, 2011

Area residents who haven’t paid their property taxes have until the end of January to ante up their 2011 tabs or face penalties and interest, according to local tax officials.

Area property owners can avoid the annual last-minute dash to pay their taxes by getting them out of the way early in the month, said County Tax Assessor Kathy Sayles.

“Once the taxes go delinquent the first of February, the penalties and interest start at 7 percent and increase each month,” said Sayles. “As of July 1, penalty and interest grow 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 that 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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