Timetable of Significant Dates and Activities in the Assessment and Collection of Ad Valorem Real Property Taxes*

Reference Number: 

*Note: Specific years are included for illustrative purposes and to clearly indicate chronological sequence; the example shows one complete tax cycle, using the 2010 tax year as an example.

January 1, 2010

Assessor makes assessments as of this date T.C.A. § 67-5-504; assessed taxes  become a first lien on property. T.C.A. § 67-5-2101.

Not later than February 1, 2010

Tax assessor should furnish owners and lessees of business personal property with a tangible personal property schedule. T.C.A. §§ 67-5-902, 67-5-903.

Before March 1, 2010

Assessor furnishes schedule to owners of mobile home parks. T.C.A. § 67-5-802. Personal property schedules due in assessor'rs office. T.C.A. § 67-5-903. Corrections of assessments for 2008 must be requested by the taxpayer or initiated by assessor prior to this date. T.C.A. § 67-5-509. Greenbelt applications due. T.C.A. §§ 67-5-1005 through 67-5-1007

April 1, 2010

Mobile home park forms due in assessor’s office. T.C.A. § 67-5-802

May 20, 2010

Assessor must note all assessments on his or her books on or before this date, T.C.A. §§ 67-5-504, 67-5-508; taxpayers must be notified of any change in their assessments by this date. T.C.A. § 67-5-508

June 1, 2010

Assessor turns over books to the county board of equalization, T.C.A . § 67-5-304; county board of equalization commences its session. T.C.A. § 67-1-404.

July 2010

County legislative body sets tax rate. T.C.A. § 67-5-510. Trustee reports on all delinquent taxpayers and double assessments in the county. T.C.A. § 67-5-1903.

1st Monday in October 2010

On or  before  this  date,  county tax rolls must be delivered to trustee T.C.A. § 67-5-807; taxes become due and payable. T.C.A. §§ 67-1-701, 67-1-702.

On or before 1st Monday in November 2010

County clerk or the tax assessor prepares an aggregate of real and personal property to forward to the commissioner of revenue and the mayor of each municipality. T.C.A. § 67-5-807.

March 1, 2011

2010 taxes become delinquent. 0.5 percent per month penalty and 1 percent interest begin to accrue. T.C.A. § 67-5-2010.

September 1, 2011

Back assessments and reassessments must be initiated prior to this date. T.C.A. § 67-1-1005.

1st Monday in September 2011

Trustee makes a full and complete financial report of the condition of the trustee's office.T.C.A. § 67-5-1902.

January 1, 2012

Tax collectors must make final settlements and return delinquent tax lists to trustee.  T.C.A. § 67-5-2006.

January 1 — 31, 2012

During  this   period   the   trustee must cause to be published notice that suits will be filed to enforce tax liens.  T.C.A. § 67-5-2401.

January 2 — 31, 2012

The delinquent tax list may be given to newspapers for publication.  T.C.A. § 67-5-2002.  This must be done at least 20 days prior to turning the tax list over to the tax attorney.

February 2 — April 1, 2012

Tax attorney must during this period file suit for enforcement of tax liens, T.C.A. § 67-5-2405; an additional 10 percent penalty and the additional costs accrue with the filing of such suit. T.C.A. § 67-5-2410.

April 1, 2012

Delinquent municipal real property taxes must be certified to trustee on or before this date. T.C.A. § 67-5-2005.

June 1 — July 1, 2012

Clerks collecting delinquent taxes are required to provide the trustee with a list of tax suits. T.C.A. § 67-5-2403.

April 1, 2022 All 2010 property taxes assessed but not collected by counties are barred and discharged because of the statute of limitations.  T.C.A. § 67-5-1806.