Installment bills are mailed quarterly, starting in June and continuing every three months thereafter for four quarters. Therefore,
- First Installment bills are mailed on or before June 1 of every year. The first payment of one-quarter of the total amount of estimated taxes due shall be made not later than June 30th of the year in which the taxes are assessed. A six percent (6%) discount applied against the amount of the installment shall be granted for such payment.
- Second Installment bills are mailed on or before September 1 of every year. The second payment of one-quarter of the total amount of estimated taxes due shall be not later than September 30th. A 4.5% discount applied against the amount of the installment shall be granted for such payment.
- Third Installment bills are mailed on or before December 1 of every year. The third payment of one-quarter of the total amount of estimated taxes due plus one-half of any adjustment made pursuant to a determination of actual tax liability shall be due not later than December 31st of the year in which the taxes are assessed. A three percent (3%) discount applied against the amount of the installment shall be granted for such payment.
- Fourth Installment bills are mailed on or before March 1 of every year. The fourth payment of one-quarter of the total amount of estimated taxes due, plus one-half of any adjustment made pursuant to a determination of actual tax liability, shall be made not later than March 31st. No discount shall be granted for such payment.