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Story Archives: Tax collection season over, count begins
|Tax collection season over, count begins|
In the race to pay about $5 million in individual property taxes to help finance Franklin Parish government activities for the coming year, the Sheriff's Department is tallying results from tax payers.
Deadline ended Dec. 31 for property taxes to be paid.
Kevin Cobb of the Sheriff's Department said, "As of the deadline, we had collected about 84 percent of the amount due, and this may be down a little from the usual"
"So far, we have taken in about $4.1 million of what we're scheduled to collect," he added.
Entergy of Louisiana was the top assessed corporation in the parish for 2008 with a value of $2,347,670 and the leading payor with a tax bill of $218,604.
Parish government and schools receive the largest portions of property taxes collected to operate throughout the year. The parish is slated to receive $2.3 million and schools will net about $1.3 million toward its operations for the coming year.
Others in the top ten of a tax payor list for 2008 are:
Regency Intrastate, $149,909; Tennessee Gas Pipeline, $140,633; Northeast Louisiana Power Coop, $132,052; Columbia Gulf Transmission Co., $128,591; BellSouth Telecommunications, $126,555; ANR Pipeline, $121,059; Ron's Warehouse Furniture, $112,323; Winnsboro State Bank, $101,323 and Wal-Mart of Louisiana, $101,016.
According to Franklin Parish Tax Assessor's Office figures, the total assessed property value parish wide is $7.4 million with $2.4 million leaving a net of almost $5 million.
Tax distribution will be among the various operating and administration offices and department of the parish.
For example, the parish government operated by the Police Jury, pulls in a parish-high 40 mills which is broken down into the following operating units: health unit, library, roads and bridges, courthouse maintenance, equipment, council on aging and drainage.
The lion's share of funds for schools is dedicated toward maintenance and operations, which consumes over $800,000 of $1.3 million in funds.
Unpaid taxes became delinquent after Jan. 1, 2009 with a one percent interest rate per month, plus costs, as penalty.