MONTVILLE, NJ – Taxpayers must pay their taxes on the regular due date of May 1 in Montville, despite the governor’s executive order (#130) affording the opportunity to postpone the due date. Montville officials said that the order was issued too late for them to act on the order, plus they would have to take on debt in order to pay regular bills that come due, which would ultimately cost taxpayers more money.
The order was issued approximately 60 hours prior to the May 1 property tax payment due date – a date set by state statute – and the Montville Township Committee had already begun its meeting of April 28 at 2:30 p.m. prior to officially receiving the order, according to township administration.
“Therefore, we didn’t have time to do our necessary due diligence regarding Executive Order No. 130 which would have required an authorizing resolution to be adopted by the township committee,” reads a statement issued by the township. “By the time of our next regularly scheduled meeting of Tuesday, May 12, the May 11 grace period will have expired, and procedurally, property tax payers, mortgage companies, and financial institutions will have been required to have made their property tax payments.”
The township has statutory payments due to the county and the board of education, and if taxpayers, mortgage companies and financial institutions withhold payments, the township “could run out of the necessary cash on hand forcing us to borrow millions of dollars and pay unanticipated and unplanned interest, which could result in an increase in local property taxes which, in our opinion, defeats the purpose of helping taxpayers in these uncertain times.”
The grace period has been extended to May 11 since the 10th falls on a weekend.
To read about how to pay your taxes, click here: Pay Taxes.
Sign up to receive FREE TAPinto news in your email inbox: www.tapinto.net/enews