Property Tax

Property owners in the city limits of Russell Springs pay a City tax on real estate. This tax is posted and a bill mailed out to property owners on the 15th of October every year.

If a payer chooses to pay their property tax bill before November 30th of the tax year, they will receive a 2% discount on the property tax bill for timely payment. This tax is levied along with any other property tax bills a property owner may be responsible for from either the County, State or any other entity.

There is a late payment penalty of 12% after the 31st of December of the tax year. Taxes are based on the value assigned to the property by the Property Value Administrators Office in the Russell County Courthouse in Jamestown.