Government

Bridgewater Grants Tax Payment Grace Period for August

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BRIDGEWATER, NJ - As per its usual actions, the Bridgewater Township Council approved a resolution allowing for an extension of a grace period for payment of upcoming taxes.

The grace period has been extended from Aug. 1 to Aug. 24.

According to the resolution, state statute allows a governing body to waive interest charges on real estate taxes if payment is made within the 10th calendar day following the date it becomes payable, called the grace period.

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But there has been a delay in billing for taxes because of state aid and the certification of a tax rate, which made it impossible to provide taxpayers with 25 days notice of tax payments, as required by state law.

This is the reason for the grace period approval.

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