Posts Tagged ‘interest’

Interest on Delinquent Taxes

Thursday, December 1st, 2011

Just over a month remains before interest will begin accruing on unpaid property taxes levied for the 2011-12 fiscal year.  On January 6, 2012, these taxes will become delinquent and begin accruing interest at the rate of 2% for January and .75% per month thereafter until paid.  The basic rules concerning interest are simple and […]