Services: Property Taxes
What are my payment options?
What are the responsibilities of the City of Rocky Mount Tax Office?
- Bill and collect real estate and personal property taxes for property located within the city limits
- Process tax refunds and releases
- Provide tax information to the public and legal professionals
- Apply the property tax rates set forth by the City Council in June of each year
What are the responsibilities of the County Tax Office?
- List, map, and assess taxes on real property, motor vehicles, business, and personal property listings. It is the County Assessor’s responsibility to assure that all properties are appraised fairly and equitably.
- DMV bills and collects motor vehicle taxes for the county and the City of Rocky Mount.
- Receive and process applications for tax exemptions, exclusions, and deferments.
What are the current tax rates?
Real and Personal Property Tax Rate: $0.685
Special District Tax Rate: $0.20
Dog Tax: $10.00 per dog
Vehicle Fee: $25.00
When are property tax bills mailed?
Tax bills are mailed in August of each year. If you do not receive your tax statement by September 15th, please contact the Call Center at 252-972-1250.
When are the property taxes due?
Taxes are due on September 1st and are payable through January 5th. If January 5th falls on a Saturday or Sunday, the payment period is extended to the next business day.
What are the penalties for not paying my tax bill in full by September 1st??
Payment must be received by the City of Rocky Mount or postmarked by January 5th to avoid interest or penalties. If payment is not postmarked, it is deemed to be received when it is actually delivered to the City of Rocky Mount.
Interest on delinquent taxes accrues at a rate of 2% for the month of January and an additional 3/4% each month thereafter.
North Carolina General Statutes allow unpaid real estate accounts to be advertised in all local newspapers from March 1st until June 30th.
Enforced collections will begin when bills become delinquent. Legal remedies of collection may include garnishment of wages, bank accounts, rents, and foreclosure.
What time period does the property tax bill cover?
The taxes that are due on September 1st are levied for a fiscal year that runs from the preceding July 1st to the following June 30th.
If I sold my property during the year do I still owe the property tax?
Real estate taxes are the legal obligation of the owner of record as of January 1st. Transfer of ownership during the year places the tax liability on the owner as of the date the taxes become delinquent. Ordinarily, taxes are prorated at the time of transfer of ownership. To determine if your taxes were prorated at the time of closing, contact your realtor or closing attorney. If you want to insure that you have no tax liability, you may request that payment be made to the City of Rocky Mount at the time of closing. If current year taxes are not yet due, we will accept prepayments based on the previous year’s rate.
What types of exemptions are available?
The following exemptions are available and application must be made at the County Tax Office. The deadline for application is June 1 of the current year.
- Disabled Veterans
- Honorably discharged veterans (or the unmarried surviving spouse of a veteran) who have a total, permanent service related disability as of January 1, or receive benefits for specially adapted housing under 38 U.S.C. 2101 may qualify for Disabled Veterans.
- The first $45,000 of the assessed value of the permanent residence is excluded.
- There is no age requirement or income requirement for this exclusion.
- Verification by the Department of Veterans Affairs is required.
- A one time application is required, and periodic review of all applications will take place by the County tax office.
- Senior Citizens/Disabled Persons
- Persons who are 65 or older and/or totally and permanently disabled and have owned and occupied their permanent residence whose income is no greater than $33,800 may qualify for Senior Citizens/Disabled Persons.
- The first $25,000 or one-half of the assessed value (whichever is greater) of the permanent residence is excluded.
- Income is defined for the purposes of this program, as all money other than a gift or an inheritance, including all interest, social security benefits, disability benefits, pensions, etc. Written verification of income is required.
- Applicants under the age of 65 must complete a disability certification form.
- A one time application is required and periodic reviews and confirmation of all information will take place by the County Tax Office.
- Circuit Breaker
- Persons who are 65 or older and/or totally and permanently disabled and have owned and occupied their permanent residence whose income is no greater than $50,700 may qualify for the Homestead Circuit Breaker.
- The taxes are based on a percentage of the income rather than an amount taken from the assessed value. Taxes which exceed this percentage become deferred taxes, which are a lien against the property.
- Interest accrues on the deferred taxes as if they had been payable on the original bill date.
- Upon a disqualifying event, the current plus last three years of deferred taxes plus accrued interest become payable and due.
- The application process for this program must be completed every year at the County Tax Office.
- Builder’s Exemption
- Persons who are engaged in the business of buying real property, making improvements to it, and then reselling it may qualify for the Builder’s Exemption.
- Residential Real Property:
- Property that is intended to be sold and used as an individual’s residence immediately or after construction.
- Excludes property that is occupied by a tenant or used for commercial purposes.
- 3 years maximum exemption available from the time the improved property was first subject to being listed for taxation.
- Commercial Real Property:
- Property that is intended to be sold and used for commercial purposes immediately or after improvement.
- Exemption ends at the earlier of the following:
- Five years from the time the improved property was first subject to being listed for taxation.
- Issuance of a building permit.
- Sale of the property.
- The application process for this program must be completed every year at the County Tax Office and the County Assessor determines the increased value.