Marion County homeowners hit recently by higher property tax assessments should brace themselves: The other shoe drops next week.
The treasurer’s office plans to mail out tax bills to homeowners and mortgage holders on Monday, with the first of two installments due May 10. The second payment is due Nov. 12.
Seventy percent of homestead properties were hit with tax increases of varying size compared to last year, when 58 percent of homestead tax bills went up, said Cindy Land, administrative deputy for the treasurer’s office. A homestead, an owner’s primary residence, is eligible for large deductions for which rental and other residential properties don’t qualify.
Among homesteads that saw increases, Land said, the average amount was $137.50. She didn’t have a figure available for the across-the-board average change.
Other metro-area counties also are sending out property tax bills, with the same due dates.
In Marion County, the treasurer’s office estimates that 64 percent of the 366,264 bills it will send out for properties of all types will reflect an increase. The total amount being billed this year, slightly more than $1 billion, is up 4 percent. (Property owners also can look up and pay their tax bills online at the Marion County treasurer’s website.)
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