Franklin County Collector Linda Emmons said tax bills began being mailed out last Friday and Saturday and a few people have already been in to pay their bills.

The tax bills were mailed two weeks later this year than in 2016.

As of Thursday, $274,048 has been collected of the total $117,612,759 charged for 2017.

“We do not have much in collections so far,” Emmons said. “I expect tot collect $25 to $30 million by Nov. 30, but that’s a guess.”

The tax charges break down as follows:

• Real Estate — $83,369,619.55,

• Personal Property — $20,155,247.48,

• Railroad/Utility — $14,087,892.

For 2016, $78,862,935 was charged for real estate, $19,144,693 was charged for personal property and $15,166,811 was charged for railroad/ utilities taxes.


In August, Franklin County posted its highest ever assessed valuation at $1,893,350,676 for 2017.

After Board of Equalization, the assessed value of all real estate in the county is $1,498,254,728.

The total for personal property is $397,431,553.

Franklin County will bring in more than $6.4 million in property tax for 2017 based on the tax levy set by the county commission

After toying with the idea of a penny tax levy increase, the county commission kept the tax rate the same as last year.

Even with a dramatic increase in assessed valuation, by keeping the tax rate the same, the county will collect only $234,004 more than last year.

For 2017, the $0.1258 per $100 of assessed value will be collected for the general fund, translating to $2,384,773.

The tax levy for roads and bridges will be $0.2156 per $100 of assessed value, generating $4,087,100.

Last Year

“We collected 95 percent of real estate taxes and 89 percent of personal property taxes,” Emmons said. “We also collected 100 percent of the railroad and utility taxes.”

The total taxes collected were:

• Real Estate — $75,036,545;

• Personal Property — $16,954,571; and

• Railroad and Utility — $15,166,881.

The $113 million in assessed taxes for 2016 was up about $7 million from 2015 and Emmons said her office was successful in collecting 93 percent of the total.

In all, for 2016, 140,000 tax bills were mailed out.

Real Estate

The county assessor places a value on property for tax purposes. The state gives the county assessors guidelines to follow in placing values on real estate and personal property. Railroads and utilities are assessed by the state.

The property is assessed at a percentage of market value.

Commercial and industrial property is assessed at 32 percent; residential at 19 percent; and agricultural at 12 percent.

Personal Property

The assessor sends out approximately 45,000 personal and 3500 business assessment forms in the second week of January each year.

Once Value has been determined, the assessor calculates a percentage of that value to arrive at assessed value.

The percentage is based on the classification, determined by the type of property or how it is used.

• Historic Autos — 5 percent,

• Farm Equipment/Livestock — 12 percent,

• Grain — .05 percent,

• Cars, Boats and Other — 33.3 percent, and

• Mobile Homes — 19 percent.