Deadline extension “to relieve some of the intense financial pressure people are feeling”
Denver Mayor Michael Hancock announced on April 10 a brief bit of relief for his city’s commercial and residential property owners.
According to a news release issued by his office, “Effective immediately, Denver will:
- Waive 100% of late payment interest through April 30, 2020 (original order was through April 20).
- Property owners who have not yet paid the first installment of property taxes may now pay their first installment on or before April 30 with interest waived. The second installment is due June 15, 2020.
- Property owners who intended to pay in full on April 30 may still do so or may now choose to pay in two installments. The first half is due April 30 and the remainder is due June 15, 2020.”
“An unprecedented number of people and businesses have been impacted by the COVID-19 pandemic and we want to do all we can to relieve some of the intense financial pressure people are feeling,” Hancock said. “We are taking full advantage of this opportunity to provide a little more relief for people during this time, and we’re committed to working with our state partners to continue to support our community during this public health emergency.”
Reports BusinessDen, “… property owners who normally would have had to pay their 2019 property tax bill in full by April 30 can now instead pay half on that date. The second half must be paid six weeks later, by June 15. Paying in full by April 30 is typically one of two options for property owners; the other is to pay half by the end of February and half by June 15. Property owners who didn’t pay their first installment of property taxes by February also now are able to pay their first installment on or before April 30 with interest waived. The second half is still due by June 15.”