Penalty and Interest Charges Begin to Accrue on Unpaid Property Tax Accounts
February 02, 2021
Penalty and interest charges begin to accrue on taxes for the preceding year. Penalty begins at 6 percent and increases monthly to a maximum of 12 percent in July. Interest begins to accrue at the rate of 1 percent per month until the account is paid in full.
The property tax payment deadline to avoid penalty and interest on current tax year was extended to Monday, February 1, 2021, because January 31 fell on Sunday.