The Lonoke County Assessor Collector in Cabot, AR is a government office responsible for locating and assessing all taxable properties in Lonoke County. They establish the taxable value of real and personal properties, apply legal exemptions, and complete an assessment roll. Property taxes collected support essential services such as law enforcement, fire protection, education, and libraries.
The County Assessor appraises and assesses all real property between January and July, while tangible personal property is assessed for ad valorem taxes between January and May. Business owners are required to assess their business personal property by May 31st. Late penalties of 10% apply for assessments made after the specified deadlines. Lonoke County has a rich history dating back to the Louisiana Purchase, and more information about the county and Arkansas can be found in the Encyclopedia of Arkansas.
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