Real Estate Taxes Due Thursday

This taxpayer asked what would happen if he paid his bill late.

This taxpayer asked what would happen if he paid his bill late.

When I was at the Courthouse complex, I stopped in to pay our property taxes.

Treas Reminder 9-3-14The sign out front reminds motorists that they are due Thursday.

Treas 2nd Installment DueOne man asked the penalty for late payment.

Treas 9-4-14To my surprise it’s 1 1/2% per month (that is, one day late).

When I was County Treasurer, the penalty was 1% per month.

I remembered then that the legislature hiked it when interest rates were sky high.

Representing local governments, as the Illinois General Assembly does, rather that people, when interest rates went way, way down, no legislator (including me, I guess) thought to lower the rate.


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