Thursday, June 12, 2014

5 days until key tax deadline passes

Although property tax payments were due in Decatur on June 2, the City has offered a grace period until June 16 during which no penalties or interest will be applied to unpaid accounts. That grace period expires on Monday.

A 10 percent penalty and 1 percent interest per month will be applied to amounts that remain unpaid after June 16.

Over the last few years we’ve observed that about 80 percent of taxes are paid by the initial deadline in early June, with another 15 percent of property owners taking advantage of the two-week grace period.

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