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The original item was published from 5/1/2020 3:58:15 PM to 5/22/2020 12:02:44 PM.

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Posted on: May 1, 2020

[ARCHIVED] Millburn Property Taxes Due May 1

Township of Millburn sign outside of Town Hall building

Gov. Murphy issued E.O. 130 on April 28, 2020, providing an option for towns to extend the grace period for taxes to be paid from May 11 to June 1. In the Township of Millburn, taxes remain due on May 1, with a grace period ending on May 11, 2020.  It is important to note that an extension of the grace period does not decrease the calculation of interest if payment is delinquent.  Any payment made after the grace period has interest calculated back to the due date of May 1st.

The Township of Millburn is responsible for the collection of all property taxes, including those that are paid to the Library, Essex County and Millburn Township School District.  The Township is required to pay these entities prior to applying tax revenue to its own operations.  

In an ideal world, those who need the grace period extended could be provided with an opportunity to take advantage of the additional time.  However, the grace period either has to be extended for all or none, as the order doesn’t provide any flexibility.  Furthermore, there is no simple way to determine need.  Due to the massive economic impact COVID-19 has caused, extending the grace period has the potential to create inequity of benefit between resident tax payers and large banks, which pay through escrow accounts.  The Township will continue to evaluate all options available. 

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