Is there a grace period?

The township allows for a ten-day grace period for receipt of the taxes. Interest is charged at a rate of 8% per annum on balances of $1,500.00 or less, all amounts over $1,500.00 incur interest at a rate of 18% per annum. If payment is not received during the grace period interest is charged from the date the tax was due, i.e. 2/1, 5/1, 8/1 and 11/1. Once the past due balance is over $1,500.00 you will pay interest at a rate of 18% per annum regardless of the balance until your account is brought current. A year-end penalty of 6% will be charged on delinquencies exceeding $10,000.00 at the end of the fiscal year that became delinquent in the fiscal year.