Real Estate/Property Tax bills are typically mailed in early November. The bill has three governmental bodies that receive revenue: City of Paducah, Paducah Junior College, and the City School District. The school district depends upon where you live in the City. Some people live in the City but are in the McCracken County School District. Revenue generated by the property tax is the second highest revenue source for the City of Paducah generating an anticipated $7.56 million for Fiscal Year 2022. Only the payroll tax generates more revenue.
The City's property tax rate for FY2022 is $0.271 which means for every $100 of assessed value of real estate, $0.271 (slightly more than a quarter) is paid to the City of Paducah. For a home that has an assessed value of $50,000, a property owner pays $135.50 to the City of Paducah in property taxes.
If you have a property tax question, email the Finance Department or call 270-444-8513.
The due dates for the real estate/property tax bills are outlined in Chapter 106 of the Paducah Code of Ordinances. Property taxes levied herein shall be due and payable in the following manner:
a. The first half payment shall be due on November 1 of the tax year and shall be payable without penalty and interest until November 30.
b. The second half payment shall be due on February 1 of the following year and shall be payable without penalty and interest until February 28.
In addition to cash and/or check, the City of Paducah accepts credit and debit card payments at City Hall. This service for in-person and over-the-phone payments provides a convenient way to pay for many of Paducah’s fees and charges collected through the Finance Department and Fire Prevention Division in addition to the Engineering and Planning departments.
Services payable by credit or debit card include business licenses, property tax bills, building permits, fines, and liens. A 2.95 percent service charge will apply on credit and debit card payments. Payment types include American Express, Discover, MasterCard, and Visa. The City does not charge or retain this service charge. There is a $2.00 minimum per transaction.
Later in 2021, expect new online features including online bill payments, permits, electronic plan submissions, inspection scheduling, citizen self-service portal, and a citizen service request/reporting portal.
To learn more about the City's property tax rate, its history, and how it compares to other Kentucky cities, watch this Paducah View episode featuring Finance Director Jonathan Perkins (January 2014, 6:20 minutes).
Q. How has the City of Paducah’s property tax rate changed in the past 25+ years?
A. Back in 1995, the tax rate was slightly more than 45 cents per $100 assessed value. That made up about 41% of the tax bill. But with the conscious effort over the past 25 years to get it down to the current 27.1 cents, our portion of the tax bill is now less than a quarter.
Q. How does property tax rank with other City revenue sources?
A. Property Tax generate more than $7 million each year. It is the City's second largest revenue source with payroll tax as the City's number one source.
Q. What are the other entities on the property tax bill?
A. According to Kentucky Revised Statutes, we must collect the tax for the Paducah Independent School District. However, the school board sets the tax rate. We simply pass the funds along to them. We also collect the tax for Paducah Junior College, Inc. which is associated with West Kentucky Community & Technical College. So we collect for three entities but keep only a small portion of the total bill.
Q. If my house is assessed at exactly the same value as my neighbor’s house, is it possible to have a different amount on my tax bill?
A. Yes, it is possible since it depends on which school district you live. Most of the western end of Paducah is in the McCracken County School District. That means on the border between the two districts, houses across the street from each other could be in different districts. Here’s some additional information. There are fewer households in the City that are in the County school district; however, the households that are in the County school district make up more than half of the total assessed values for properties within the city limits.