Real Estate Property Tax Information
Real Estate property taxes are levied annually against your property and due
upon receipt of the tax bill, but no later than December 31 each year.
The postmark determines the timeliness of payment. For example, a payment
mailed and postmarked December 29 is considered paid on time even though the
Collector’s Office does not receive the payment until January 2. The
Collector’s Office mails tax bills last day of October. If a tax bill is not
received by the second week of November, contact the Collector’s Office at
573-648-2494 ext.133.
Failure to receive a tax bill does not relieve the obligation to pay taxes and
applicable late fees. Taxes not paid in full on or before December 31 will
accrue penalties and late fees.
Taxes are assessed on property owned January 1 but taxes are not billed until
November of the same year. Taxes are due for the entire amount assessed
and billed regardless if property is no longer owned or has been moved from
Reynolds County. If your property has been sold, see paragraphs below
describing the needed processing.
Tax bills show in the same name in which they are recorded. All changes of
ownership must be recorded for the bill to reflect the new name. Please notify
Collector’s office if you have sold property and tax bill should be sent to
different address.
Taxes are usually settled at the time of sale; therefore, the owner/buyer should
have agreed to who is to pay the property taxes.
Escrowed Taxes
If you have your taxes Escrowed by your mortgage company, we will forward your
bill to them if it is requested by your mortgage company. As a service, we
send them a printout for all parcels they request, although due to the
refinancing and property sales, this information is not always current for the
owner or lending institution. If you also contact them, we will know that
the correct mortgage company has your information in order to get it paid on
time.