In this tax year, the PVA office inspected and reassessed properties in the county tax districts of Hendron (03), Melber (10) and Outside Fire (01) as well as the Carson Park and Pines neighborhoods of Paducah.
McCracken County PVA Bill Dunn says some property owners might see significant assessment increases. The assessment should be within 5% of the estimated sale price of your property. He said properties that haven’t changed ownership over the past 15 or more years are likely to see the biggest increases, while properties that have changed hands over the last three to four years are likely to see no assessment change.
Dunn said underassessed properties will not result in any back taxes. He said his office continues to find omitted properties for which those property owners will receive tax bills for up to five years.
Assessment notices have already been mailed to thousands of property owners and they have conferenced with many appealing their assessment.
Anyone who feels their assessment is incorrect has until July 20 to appeal. After that, assessments cannot be changed.
Anyone with questions should contact Dunn at 270-444-4712 or email Bill.Dunn@ky.gov .