Tax Collector Sends $ 111 Million In Overdue Property Tax Bills
SAN DIEGO (CNS) – San Diego County Treasurer and Tax Collector Dan McAllister announced Monday that his office will begin sending overdue tax bills to property owners who have unpaid property taxes the previous year .
âWe are sending 2,580 less overdue invoices than last year,â McAllister said. “These numbers are a positive sign that our economy continues to improve.”
The Treasurer-Collector sent reminder notices to overdue taxpayers in June, warning them that they will have to pay more if their taxes are overdue. Packages that remain unpaid will receive their unpaid invoice in the coming week.
âWe hate to see people having to pay a lot more late fees, so we try to warn them every step of the way that more penalties are coming,â McAllister said. “Nonetheless, we had a 99% collection rate this fiscal year – one of the highest in the state – showing that the majority of San Diego residents take the responsibility of paying on time seriously.”
Overdue invoices total over $ 111 million; last year $ 127 million in overdue taxes was owed. The deadline for paying the 2020-2021 annual tax bill was June 30.
According to the California Revenue and Taxation Code, effective July 1, each overdue bill will incur a penalty of 1.5% each month – up to 18% per year – that it remains unpaid. This is in addition to the 10% penalty added for each late payment.
The threat of increased penalties is not the only incentive for people to pay their taxes. Under California law, the collector can sell some or all of properties that have been in default for five years or more.
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