Covington has extended its property tax deadline due to technical issues with its bank.
Property tax payments will now be due by Tuesday, Nov. 6, instead of Oct. 30. Covington City Manager Sharmili Reddy announced the extension at the Tuesday night meeting of the Covington Board of Commissioners.
“The tax bills did go out a week later than usual this time,” Reddy said. “We had some issues with our banking partners’ third-party bill preparation company, and so we ended up using one of our own vendors to get bills out.”
Reddy said that “we will accept payments until Nov. 6 without penalty, and we’re working on getting the communication out about that.”
Property taxes are broken down into several categories. The first and usually largest chunk of your tax bill is real property tax, sometimes referred to as real estate property tax. This is essentially a tax on everything you own that’s nailed down. For residents, this means houses and other real estate property. For businesses, this means office buildings and other buildings and facilities used to conduct business.
Tangible personal property, on the other hand, is another form of property that isn’t real estate. Depending on where you live, residents may not be taxed on personal property at all–this will vary by jurisdiction.
Depending on where you live, other tax-adjacent fees may apply.
How do property taxes work?
You can learn more about Covington property tax rates and how to pay your bill at covingtonky.gov/government/departments/finance
