Is there a penalty for late payment?

Yes. In accordance with State law, accounts not paid by the due date will accrue interest monthly at an annualized rate equal to the bank prime loan rate (posted by the Board of Governors of the Federal Reserve System) plus 3% until the taxes are paid in full. For the purposes of this interest calculation, any period of less than one month shall be considered to be one month. In addition, a 5% penalty on the unpaid taxes will be imposed every 120 days after the due date up to the maximum amounts allowed by law (aggregate amount of penalties shall not exceed 20% of the principal amount of the taxes originally due). Penalty and interest charges shall not be waived, regardless of the reason for the delinquent payment.

Show All Answers

1. When are the City of Lawrenceville property taxes due?
2. How can I appeal my property value?
3. How can I pay my taxes?
4. What methods of payments are accepted?
5. My mortgage company is responsible for paying my property taxes, what do I need to do?
6. Is there a penalty for late payment?
7. What happens if I have a returned check for my property tax payment?
8. What happens if I do not pay my City property taxes?
9. To whom do I make my check payable?
10. Where to I remit payment?
11. What is the purpose of Stormwater Fee on my tax bill and don’t I already pay this on my county water bill?
12. Can I pay my property tax bill online? How can I pay my property tax bill?
13. Is this a real bill that I have to pay? Is this a scam?
14. Why am I receiving this new property tax bill? I've never seen this before. Is this a new tax?