Question
On July 1, 2017, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $3,500,000. The county estimated that 4 percent
On July 1, 2017, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $3,500,000. The county estimated that 4 percent of the taxes levied would be uncollectible. As of April 30, 2018, the due date for all property taxes, the county had collected $3,235,000 in taxes. The county imposed penalties and interest in the amount of $13,800, but only expects to collect $12,450 of that amount. At the end of the fiscal year (June 30, 2018) the county had collected $49,500 in delinquent taxes and $4,100 in interest and penalties on the delinquent taxes.
Property Taxes Intergovernmental Revenues Licenses and Permits Fines and Forfeits Miscellaneous Revenues |
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