CORRECTION: This story incorrectly stated that Dennis Township Committee increased interest rates for delinquent taxes. Rates remained at the same level they have been for over 30 years, according to the municipality.
DENNISVILLE – At its Jan. 26 meeting, Dennis Township Committee approved a resolution that raises interest rates for delinquent taxes.
For unpaid taxes up to the first $1,500, the interest rate per annum will be 8%.
For delinquent taxes on unpaid amounts greater than $1,500, the annual interest rate will be 18%.
For unpaid taxes exceeding $10,000, an additional 6% will be added to these basic rates on a per annum basis.
