17. Tax Payments for
2001-2002 School Year
INFORMATION:
Taxing districts may implement a procedure for the
payment of taxes by installments through the adoption of a resolution. The installment plan allows for no
discounts, but a penalty of 10 percent is added to each installment on the date
it becomes delinquent. A maximum
of four installment payments are permitted.
RECOMMENDATION:
a. That real estate taxes are paid in full will be due
and payable according to the following schedule:
DUE
DATE
PAYMENT
TYPE
Thursday,
August 30, 2001 Discount
(2%)
Monday,
October 29, 2001 Base
(10% penalty will
be
added thereafter)
That the real estate tax installment plan for the
payment of 2001-2002 school taxes be divided into four equal payments with due
dates as specified herein. A
period of five days, including the due date, will be allowed for the receipt
and payment of each installment.
If the installment is not paid and received within this five-day period,
a penalty of 10 percent will be added to each delinquent installment. No discounts will be allowed on
installment payments. Installment
payments may not commence after the first installment due date.
INSTALLMENT DUE DATES
First Monday,
August 6, 2001
Second Monday,
September 10, 2001
Third Monday,
November 5, 2001
Fourth Monday,
December 17, 2001
RECOMMENDATIONS
OF THE ADMINISTRATION - March 19, 2001
Tax Payments for 2001-2002 School Year
(continued)
RECOMMENDATION: (continued)
b. That per capita taxes are due and payable in full,
according to the following
schedule:
DUE DATE PAYMENT
TYPE
Thursday,
August 30, 2001 Discount
(2%)
Monday,
October 29, 2001 Base
(10% penalty will
be
added thereafter)
The administration's recommendations 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, and 21 were considered together.