Ad Valorem Property Tax

Late payment - Taxes become delinquent if not paid by the due date. A delinquent tax incurs interest at the rate of 1% for the first month and an additional 1% for each month the tax remains delinquent. In addition to interest, delinquent taxes incur the following penalties: 6% for the first month; an additional 1% for each of the following 4 months; and an additional 2% for the sixth month, for a total of 12%.

• Example - Penalty and interest will be added at a rate of 7% for February, 2% per month for March through June, and 3% for July. Thereafter, interest will continue to be added at the rate of 1% per month until the tax is paid.

• Collection Fee - Current taxes remaining delinquent after June 30th during the first year of delinquency, will incur an additional 15% collection fee. NOTE: If there is an existing lawsuit for earlier years, the 15% collection fee will be added immediately on the first normal workday of February.

Effect of Weekend or Holiday - If the last day for the performance of an act is a Saturday, Sunday, or legal state or national holiday, the act is timely if performed on the next regular business day.

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