Property Tax Discounts
DISCOUNTS FOR EARLY PAYMENT OF ANNUAL PROPERTY TAXES
Payments made during the following months will earn a discount:
- November is 4%
- December is 3%
- January is 2%
- February is 1%
Payments made in the month of March will not receive a discount. Any payments made on or after April 1st are delinquent, and will be subject to an applied penalty.
INSTALLMENT PAYMENT SCHEDULE AND DISCOUNTS ALLOWED
- 1st installment. Due by June 30th. One quarter of the total estimated tax, discounted 6%.
- 2nd installment. Due by September 30th. One quarter of the total estimated tax, discounted 4.5%.
- 3rd installment. Due by December 30th. One quarter of the total estimated tax plus one half of any adjustment made for actual tax liability, discounted 3%.
- 4th installment. Due by March 31st. One quarter of the total estimated tax plus the remaining one half of any adjustment made for actual tax liability. No discount is provided on the 4th installment.
The first two installments will be estimated based on the prior year’s tax liability. Annual renewal is automatic as long as the June payment is made each year.
The discount on payments that are mailed to our office are determined by the postmarked date on your envelope.
The discount for walk-in payments is extended to the next working day if the deadline falls on a weekend or observed holiday.
All discounts will be forfeited under the partial payment plan, which is described on the back of the yearly tax bill.