Penalties and Interest
Delinquent Tax Collection Rates
The following schedule provides penalty and interest rates for use in calculating the total amount of penalty and interest due on delinquent tax bills. The rates in this schedule do not apply to taxes paid in quarter payments, or to delinquent taxes in years where a successful rollback election was held. Value or exemption changes by the appraisal district may postpone the delinquency date.
Taxes not paid by January 31 will increase as follows:
If tax is paid in (MONTH) add: PENALTY + INTEREST = TOTAL PERCENTAGE (listed below)
February = 7%
March = 9%
April = 11%
May = 13%
June = 15%
July = 18% + up to 20%
Each Month after July incurs additional 1% interest
Accounts not paid in full by June 30 of the year in which they become delinquent are referred to the delinquent tax attorneys designated by each taxing entity for collection and incur an additional penalty equal of up to 20% of the total taxes, penalties and interest due.
Property owners who qualify for an over 65 exemption,
a disabled exemption, or a disabled veteran’s exemption have the
option to pay their current taxes due on their home in four installments.
You must pay at least one-fourth of the total tax amount due before
the February 1 delinquency date. Please note on your payment that you
are paying your taxes in installments. The second quarter payment is
due by March 31, the third quarter payment is due by May 31 and the
last quarter payment is due by July 31. If an installment payment is
missed, there is a six percent penalty and also interest at one percent
for each month it is delinquent. If the first installment payment is
missed (before February 1), you can still make the remaining three installment
payments if the first payment is made before March 1. Penalty and interest
would apply for the first payment but not the remaining three if they
are made on time.