Amount is calculated 1/4 of PRIOR year Tax Bill *
* Failure to pay the first installment will result in automatic cancellation of the installment plan.
Discounted 6%
Amount is calculated 1/4 of PRIOR year Tax Bill
Discounted 4.5%
Amount is calculated 1/2 of balance of CURRENT year Tax Bill
Discounted 3%
Amount is balance of CURRENT year Tax Bill
No Discount
Taxpayers may choose to pay their property taxes quarterly by participating in an installment payment plan. To be eligible for the plan, the estimated taxes must exceed $100.00. Those who qualify must submit an Installment Plan Application form to the Tax Collector's Office on or before April 30th. Installment applications are accepted between November 1st and April 30th. You may submit your application online by searching for your account and selecting the link to "Apply for the 20XX Installment Payment Plan". An application to participate in the installment payment program is for the NEXT tax year, not for the current year’s taxes. Once enrolled in the plan a new application is not required as long as the first installment payment is made each June. Failure to pay the June bill will result in removal from the installment plan and a new application would be required to begin participation again for the next tax year.
Property owners that escrow tax payments with a mortgage company should NOT pay by installments. Mortgage companies are obligated to pay taxes in November to obtain the maximum discount. If you are planning to refinance or sell the property it is not suggested that you participate in the installment payment program.
If a property is sold and one or more installment payments have been made, the new owner must continue the plan for that tax year. To discontinue paying taxes on the installment plan simply disregard the June bill. Non-payment will result in removal from the plan.
The combined discounts for the installment plan calculate to a rate of approximately 3.3%. Once you are enrolled in the installment plan and make the first payment you are only entitled to the discounts set forth in the plan. Tax payers should decide which payment method works best for their individual situation, an annual tax bill or quarterly installments.
