Morgan: Property owners should be timely to avoid tax penalties
CAMERON–Some property owners may not have received a statement for 2010 property taxes from the respective taxing units due to a variety of reasons according to newly-appointed Tax Assessor/Collector Kolette Morgan.
“It is important that property owners are informed and act timely to avoid penalty and interest being added to their taxes,” Morgan said. “Property taxes attach to real property regardless of who the owner may be.”
Property purchased in its entirety (the whole property) prior to April 30, 2010, are listed on the tax roll in the name of the new owner. Those purchased af ter April 30, 2010, w ill be updated as recorded documents are processed by the Appraisal District.
Property purchased in part (divided tracts) January 1, 2010, and later will not be processed for the 2010 tax year. The property accounts will not be split during the year according to the Appraisal District. Owners should consult their contract of sale (closing statement) and the original owner to assure taxes are paid timely.
All accounts have been updated as processed by the Appraisal District for late exemption applications, Appraisal Review Board changes and other assorted corrections. Taxes associated with these properties have been adjusted accordingly. Some property owners may receive a corrected statement by mail. A ny tax of f ice staf f member can answer questions related to taxes. Any questions related to ownership, exemptions and value should be directed to the Appraisal District.
The Milam County Appraisal District and the Milam County Tax Office is striving to work together to assure accuracy in all tax matters, Morgan said. She added to call her or her staff with any questions at 254-697-7017.