Example of Credit Calculation
Monthly Payments
- Semi-annual taxes $1300 divided by 6
- Payment of $216.67 made 1st day of each month
- County's 1.07% interest rate for investment period
Full Allowable Payment
- Semi-annual taxes $1300.00 divided by 6
- Payment of $1083.35 made on Feb. 1
- County's 1.07% interest rate for investment period