Durham and Middlefield leaders voted to adopt both the deferred and lowered interest rate tax programs introduced in an executive order by Governor Ned Lamont.
The order states that “each municipality … shall participate in one or both programs.”
Both municipal boards voted unanimously to adopt the programs.
The tax deferment program allows eligible taxpayers to defer taxes on real estate or personal property for 90 days. This means that the deadline to pay property taxes would change from Aug. 3, 2020 to Oct. 1, 2020.
This program is for anyone who has been “significantly impacted” by COVID-19. Interested parties must fill out an application to be considered for the tax deferment. According to the application, residents qualify if they have “suffered at least a 20% reduction” in household income.
Meanwhile, the lower interest program will charge residents 3 percent interest per month on taxes instead of the typical 18 percent rate. All state residents qualify for this program.