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Kent chooses low-interest tax plan

KENT — The Board of Selectmen discussed an Executive Order from Gov. Ned Lamont regarding relief on property taxes for families in financial need, at their meeting on Tuesday, April 14.

The order gives towns two options: 

• Allowing taxpayers to defer payment for a full quarter (taxes that were due April 1 would be paid July 1 and the taxes due on July 1 would be paid Oct. 1, with no interest charged). 

• Reducing the interest charged on late payments.

The Kent selectmen, acting on advice from Tax Collector Deb Devaux (who referred to a similar opinion from the town’s finance board), voted to choose the reduced interest option. 

This is an annual bill, Devaux said, and most people set money aside annually to pay it. The mill rate is not expected to increase this year, so taxes will not be higher in the coming fiscal year (which begins July 1) than they were for the prior fiscal year. 

Devaux said she felt the decreased interest program would be more helpful to town taxpayers. She said that the interest rates would be reduced to .25% for 90 days.

Escrow accounts would not be eligible, she said. And banks must pay on time.

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Provided

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