Personal property taxes are levied annually against tangible personal property and due upon receipt of the tax bill, but no later than December 31 each year. The postmark determines the timeliness of payment. For example, a payment mailed and postmarked on December 29 is considered paid on time even though the Collector's Office does not receive the payment until January 2.
The Collector's Office mails tax bills during November. If a tax bill is not received by the second week in December, contact the Collector's Office at (573) 634-9124. Failure to receive a tax bill does not relieve the obligation to pay taxes and applicable late fees. Taxes not paid in full on or before December 31 will accrue penalties and late fees.
Taxes are assessed on personal property owned on January 1 but taxes are not billed until November of the same year. Taxes are due for the entire amount assessed and billed regardless if property is no longer owned or has been moved from Cole County. State law requires that personal property taxes be paid before license plates on vehicles can be issued or renewed.