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County tax official closes 2024 accounts and previews 2025 ad valorem abstract; commission approves insolvent and error adjustments
Summary
The county official reported on insolvents and assessment errors for 2024, summarized the ad valorem abstract preparations for 2025 including state-determined trends and the 7% cap on annual increases, and the commission approved closing out 2024 insolvent, error and litigation items.
Covington County tax staff reported that the office is closing out the 2024 tax year, sought signatures to finalize insolvent accounts and assessed errors, and briefed the commission on the 2025 ad valorem abstract and recent property assessment trends.
The presenter described insolvent personal-property accounts and common assessment errors related to missed exemptions, noting…
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