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Haddonfield Today 071_2020May01

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#071 • MAY 1 TO 15, 2020

Borough News

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haddonfield.today | 13

taxes by

May 31, or ...!

During their special

meeting on Tue Apr

14, the Borough

commissioners set the

interest rate at 0% for

property taxes paid after

the due date of May 1,

2020 but on or before

May 31, 2020.

Their action was

in recognition of the

financial difficulties

some residents are

experiencing, because of

the COVID-19 pandemic.

The due date for

second quarter tax

payments is May 1. The

Borough grants a tenday

grace period and

does not charge interest

on payments received

during the grace period.

The commissioners’

action effectively

increases the grace

period by 30 days – but

only on property taxes

for the current period.

The 0% rate does not

apply to any back taxes.

Property taxes that

are not paid by May 31,

2020 will be subject to

interest at the rate of 8%

per annum up to $1,500

and 18% per annum

over $1,500, calculated

from the due date (May

1) until the date the

payment is actually

received.

Although the Borough

Hall is closed to the

general public, payments

can still be made “in

person” by placing them

in the black mailbox in

front of the building.

Place the tax bill and

check in an envelope

marked “Tax Office.” The

box is emptied daily.

Paying by mail? The

address is 242 Kings

Highway E, Haddonfield

NJ 08033.

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