Alternative Payment Method - Installment Plan

Taxpayers may choose to pay their property taxes in quarterly installments. To be eligible for this payment plan, the taxpayer's prior years taxes must be in excess of $100.00 (estimated taxes equal to last years gross taxes). An application, on form DR-534, for this payment plan must be filed with the Tax Collector prior to May 1st of the tax year. Applications are available from the Tax Collector's office.

Once accepted into the installment plan, the property will remain on the plan until the taxpayer requests to be dropped from the plan or the 1st Installment payment is not made by July 31st. Once dropped from the installment plan, the taxpayer must reapply. Estimated taxes for installment payments shall be divided into four payments to be made in June, September, December and March. The December and March installments shall be adjusted to reflect increases or decreases on the actual certified current year's tax roll. The following is a payment schedule for the Installment Plan:

1st Installment: ¼ of the total amount of estimated taxes (prior year's gross taxes) less 6% discount.

Payment due by June 30th to receive discount. Payments made after June 30th and before July 31st will receive no discount and a 5% penalty will be assessed.

2nd Installment: ¼ of the total amount of estimated taxes (prior year's gross taxes) less 4.5% discount.

Payment due no later than September 30th.

3rd Installment: ¼ of the total amount of estimated taxes (prior year's gross taxes), plus 1/2 of any adjusted increase or decrease made on actual certified current year tax roll, less 3% discount.

Payment due no later than December 31st.

4th Installment: ¼ of the total amount of estimated taxes (prior year's gross taxes), plus 1/2 of any adjusted increase or decrease made on actual certified current year tax roll, NO DISCOUNT.

Payment due no later than March 31st.