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Madison County delays penalty interest on first installment of 2019 property taxes until Sept. 9
Summary
The Madison County Board on May 22, 2020, unanimously approved a resolution postponing penalty interest on the first installment of 2019 (payable 2020) property taxes until Sept. 9, 2020, citing COVID-19 impacts; escrowed payments remain due and the original due date of July 9 is unchanged.
Madison County Board members unanimously voted May 22 to postpone the imposition of penalty interest on the first installment of 2019 (payable 2020) property taxes until Sept. 9, 2020, citing hardships tied to the COVID-19 pandemic.
The resolution, read by Board member Phil Chapman and adopted under authority of 35 ILCS 200/21-40(C)(1)(B), states that penalties assessed for late payment of the first tax installment will be waived if taxpayers pay by Sept. 9. The measure does not change statutory due dates; the July 9 due date remains in effect, and escrowed tax payments collected by…
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