According to state law, once the delinquency date has passed, interest starts to accrue at 16% per year, prorated monthly. That means you will pay 1.333% on the amount of tax due whether you pay on the last day of the month or the first day of the month.
For taxes that are not paid before January of the following year, and additional $5.00 penalty is assessed. In February, your delinquent tax lien will be offered for sale at our Delinquent Tax Lien Sale. This is a sale of the lien for delinquent taxes not the sale of your property. After 3 years from the date of the sale, the purchaser of your taxes can foreclose on the lien and acquire your property.