INSTALLMENT PAYMENT PLAN INFORMATION
In the state of Florida, taxes are based on a calendar year and billed in arrears. The statements are mailed in November and you have until March 31st of the following year to pay without penalty.
Installment payments are the exception to the rule. The first payment is due June 30th and the last is March 31st of the following year. Applications are accepted from November through April 30th of each year.
The first two installment payments are based on the prior year's gross tax. This is done because the millage rates and other service fees are not proposed until late September each year. The first two payments are based on 1/4 of the prior year's gross tax amount, which includes applicable discounts.
Any changes that are made for the new tax roll in November, which affects the gross tax amount, will be reflected on the December and March (3rd & 4th) installment tax bills. Examples would be: homestead exemptions, widow or disability exemptions, a change in value, millage or special assessment rates.
If you wish to be removed from the installment plan, once enrolled, just disregard the June tax bill. This will automatically remove you from the plan. You will then receive a bill in November for the gross amount.
Download Notice and
Application for 2008 Installment Payments
Right click on the link above and select 'Save Target As' to download the
application
Use Adobe Acrobat Reader to view and print application
The Payment Schedule Shall Be As Follows:
| First Installment Payment: | One quarter of the total estimated taxes discounted 6%.
Payment shall be made no later than June 30, 2008. Payments for June
will be accepted from July 1-30th, but you would lose the discount and have
to pay a 5% late charge. A taxpayer must make the first installment
payment in order to participate in this plan. |
| Second Installment Payment: | One quarter of the total estimated taxes discounted 4
1/2%. Payment shall be made no later than September 30, 2008. No
discount shall be allowed after September 30, 2008. |
| Third Installment Payment: | One quarter of the total estimated taxes plus one-half of
any adjustment pursuant to a determination of actual tax liability
discounted 3%. Payment shall be no later than December 31, 2008.
No discount shall be allowed after December 31, 2008. |
| Fourth Installment Payment: | One quarter of the total plus one-half of any adjustment pursuant to a determination of actual tax liability. No discount. Payment shall be made no later than March 31, 2008. Interest shall apply after March 31, 2008. |
Any questions regarding this information, please contact us at (941) 743-1350 or email us at cctaxinfo@co.charlotte.fl.us