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#23-5
Date of
FIXING RATE OF INTEREST TO BE CHARGED
ON DELINQUENT TAXES AND ASSESSMENTS
WHEREAS, N.J.S.A. 54:4-67 permits the Governing Body of each municipality to fix
the rate of interest to be charged for non-payment of taxes or assessments subject to any
abatement or discount for the late payment of taxes as provided by law; and
WHEREAS, N.J.S.A.54:4-67 has been amended to permit the fixing of said rate of 8%
per annum on the first $1,500.00 of the delinquency and 18% per annum on any amount
in excess of $1,500.00 and allows an additional penalty of 6% to be collected against a
delinquency in excess of $10,000.00 on properties that fail to pay the delinquency prior to
the end of the calendar year;
WHEREAS, N.J.S.A. 40A:5-17 allows for cancellation of property tax and sewer
overpayments.or delinquent amounts +/- $10.00.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough
of Carteret, County of Middlesex, State of New Jersey as follows:
1. The Tax Collector is hereby authorized and directed to charge 8% per summit on
the first $1,500.00 of taxes be delinquent after due date and 18% per
m annuon any amount of taxes in excess of $1,500.00 becoming delinquent after
due date and if a delinquency is in excess of $10,000.00 and remains in arrears
beyond December 31st, and additional penalty of 6% shall be charged against the
delinquency.
2. Effective January 1, 2023, there will be a ten (10) day grace period of quarterly
lax payments made by cash, check or money order.
3. Any payments not made in accordance with paragraph two (2) of this resolution
shall be charged interest from the due date as set forth in paragraph one (1) of this
resolution.
4. Tax Collector is hereby authorized to cancel overpayments or delinquent amounts
+/- $10.00.
5. This resolution shall be published in its entirety in an official newspaper of the
Borough of Carteret, and a certified copy shall be provided to the Tax Collector,
Borough Attorney and Borough Auditor.
Adopted this 6°i day of January, 2023
and certified as a true copy of the
original on January 9, 2023.
CARMELA POGORZELSKI, RMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
YES
NO
NV
A.B.
BIILINO.
X
JOHAL
DIAZ
X
KRUM
.X
DIMASCIO
X
NAPLES
X
'
X-Indicate Vote AB- Absent NV -Not Voting XOR- Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council
1y January 6, 202
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AFFIDAVIT OF PUBLICATION
The following is a true copy of an Ordinance or Resolution of
the Borough of Carteret that has appeared in the Home News
Tribune, a newspaper which is printed in Freehold, New
Jersey and published in Neptune, in said County and State and
of general circulation in said county. One 1 time(s), once in
each issue as follows:
January 12, 2023
Carmela Pog rzelsld CL
Municipal Clerk
c a/
Notary blic of New Jersey
UJ
QWEState K,OT JE t A' "f• of NewJersey
Commission # 50.18.8983
Y Comm, EK Ifes Mar. 31 2027
Sworn and subscribed before
me this day of Ad)