VI News Staff 1 year ago

Tax Office Plans to Collect Millions in Delinquent Property Taxes, Hesitant to Auction Off Properties

During Tuesday’s Revenue Estimating Conference, tax assessor Ira Mills estimated that $61 million will be collected in property taxes this financial year. He said $28 million of that amount would be in delinquent payments, while the remaining $33 million is expected in current collections.

To date, the Office has collected $15.4 million, “made up mainly of the delinquencies.” Mr. Mills explained that the bulk of current collections occur between June and August 30 of the current tax year, with outstanding balances after that date considered to be delinquent. 


In FY2025, projected delinquent collections are expected to rise to $31 million, with a similar $33 million in current collections. Payments are considered delinquent if they are not made before August 30th. 


Mr. Mills has encouraged property owners to ensure the tax office knows their correct mailing address, even if they keep track of their status online through the citizen access portal. Families of deceased property owners are also asked to keep the Tax Collector up to date regarding the probate process. “If they don't do that, penalties and interest would continue to accrue,” he warned. “If it's not reported to us, then it's not adjusted by us. It’s as simple as that.” 


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