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Mount Vernon council approves temporary tax-interest amnesty for commercial properties
Summary
The Mount Vernon City Council on May 19 approved an ordinance creating a temporary tax-interest amnesty program for commercial properties that provides a 50% abatement of interest and penalties for qualifying accounts, subject to specified lookback and current-tax requirements.
Mount Vernon — The Mount Vernon City Council approved an ordinance May 19 establishing a temporary tax-interest amnesty program for commercial properties that will abate 50% of interest and penalties for qualifying accounts.
The program requires participants to settle outstanding city taxes assessed prior to 2023 and to settle school taxes assessed prior to 2020. In addition, participants must be current on city taxes for 2023 through 2025 and on school taxes for 2020 through 2024 to receive the abatement, the…
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