According to the US Census Bureau, the average annual income for households in Virginia was $61,210 in 2008. This is over the national average of $52,029.
Annual property tax bills are mailed in early October of each year. The bill is payable in two installments. The first installment is due on November 1 and is delinquent if the payment is not received by 5:00 p.m. or postmarked by December 10; a 10% penalty is assessed for delinquent payments.
H must be received by the OTC on or before June 30th each year for property taxes paid for the preceding calendar year. You must pay your property taxes in full to the county and attach your receipt to the 538-H form. Form 538-H may be downloaded from the OTC website, www.tax.ok.gov. -5-