When the certified tax roll is received at the Tax Office from the Wood County Appraisal District, the property values are loaded on the Tax Office’s computer system. The certified tax roll and the tax rates adopted by each taxing jurisdiction are used to levy the current property taxes in October of each year. Tax statements are then generated and mailed to property owners and mortgage companies.
Current taxes that remain unpaid as of February 1 of the year following the year in which imposed are delinquent and are assessed penalty and interest. For Business personal property and mobile homes in Quitman ISD, City of Quitman, Yantis ISD and City of Yantis will be charged 20% attorney fee April 1 of each year if not paid before March 31. For other taxes that remain delinquent on July 1 of the year in which they become delinquent may incur an additional penalty of up to 20% Attorney Fee.
The Tax Office disburses the taxes to the various taxing entities for which it serves as collector.