Real estate tax payments to have different due date
Brentwood residents will be asked to submit real estate tax payments several months earlier in the year beginning in 2014, in order for the borough to save money.
Council members voted unanimously last week to send tax bills to residents and other property owners in March, beginning next year. Bills typically are mailed in July, the same month that Brentwood Borough School District tax bills were sent. The school district will continue to mail tax bills in July.
Sending bills in July required the borough to take out a loan at the beginning of most years, to pay for expenses until tax collections started coming in each August, borough Manager George Zboyovsky said. Interest on the tax anticipation loans, which ranged from $500,000 to $1.5 million in recent years, were between $30,000 and $35,000, he said.
This year, Brentwood used funds from the town's “healthy” reserve to pay for early 2013 expenses, instead of taking out a loan, Zboyovsky said.
In 2014, real estate taxes will be due to Brentwood Borough by April 30 in order to receive a discount.
The face amount will be due by June 30, 2014, with a 10 percent penalty assessed for payments received after July 1, 2014.
Borough officials plan to alert taxpayers to the change in this July's tax bill, as well as with notices on the municipal website and in a community newsletter, Zboyovsky said.
Baldwin Borough officials mailed their real estate tax bills in March for the first time this year, in a cost-saving effort. In the past, Baldwin mailed the bills in July, along with bills from the Baldwin-Whitehall School District.
Borough Manager John Barrett told council members last month that the switch was a success.
Stephanie Hacke is a staff writer for Trib Total Media. She can be reached at 412-388-5818 or email@example.com.