Real Estate Taxes in Shively Kentucky
WHEN IS PAYMENT DUE?
The face value of your tax bill is due in full by September 30th annually. USPS postmark is accepted as date paid.
On October 1, a 10% penalty and monthly penalty (6% per annum).
Contact City Hall for a payoff quote after October 1st , (502) 449-5000
Delinquency notices will be mailed to the address of the owner of record for any unpaid tax bills after December 1st.
Tax liens on unpaid tax bills will be filed with the county clerk by April 15th, the year following the tax bill due date. Once a tax lien is filed a $150 fee is assessed for the release of the tax lien plus the filing fees.
WHEN ARE TAX BILLS MAILED?
Tax bills are mailed annually on or before August 31th to the property owners of records as of January 1st of the tax year.
Owners whose taxes are paid from mortgage escrow accounts receive a bill as a courtesy for details of the tax assessment and tax levy.
Recent property sales are not always reflected in the tax roll. Please contact your closing agent to find out if arrangements have been made to pay this tax.
HOW IS PROPERTY TAX DETERMINED?
Property tax assessment and tax rate are the two factors that determine your tax bill.
State law requires each county’s Property Valuation Administrator (PVA) to assess all real property at its fair market value as of January 1st of each tax year.
The City of Shively’s property tax rate is approved each year by the City Council. The 2022 tax rate is $0.3540 per $100 of assessed value. The city tax is separate from property tax due to the county.
WHAT IF MY PROPERTY TAX ISN’T WORTH ITS ASSESSED VALUE?
If you intend to appeal your tax assessment you must first conference with the county PVA during their spring inspection period. If you are not satisfied with the results of your PVA conference you can appeal their determination to the County Board of Assessment Appeal. The determination of the County Board of Assessment Appeals can be appealed to the Kentucky Board of Tax Appeals.
ARE THERE ANY TAX EXEMPTIONS?
Two exemptions may be available to property owners:
- The Homestead Exemption is available to property owners who are 65 year old or older. You must apply once through the county PVA office.
- The Disability Exemption is available to persons classified as totally disabled by any public or private retirement system. You must apply for a disability exemption every year through the county PVA office.
WILL MY MORTGAGE COMPANY PAY THIS TAX?
Contact your mortgage company to determine whether this tax is to be paid from a mortgage escrow account.
WHAT IF I SOLD MY PROPERTY THIS PAST YEAR?
When real estate is sold the new owner becomes responsible for the payment of property tax. Often the buyer’s mortgage company will collect or pay the tax at closing. The seller typically pays a pro-rated amount of tax at closing to cover the period that the seller owned property during the tax year. Contact your mortgage company and/or closing agent to determine the status of the tax bill.
HOW DO I REQUEST A REFUND OF A DUPLICATE OR OVERPAYMENT?
Send a written request for refund of a duplicate or overpayment to the tax office, firstname.lastname@example.org or mail to: Tax Office, 3920 Dixie Hwy., Shively KY 40216.