Recognizing that a number of resiedents and businesses are facing financial uncertainty in light of the pandemic, the Prince William Board of County Supervisors voted to defer the first-half real estate tax payment due date from July 15, 2020 to October 15.
This action does not apply to any delinquent taxes, penalty, or interest that was due before July 15, nor does it mean that the County will refund any 2020 first-half real estate taxes already paid. Additionally, Supervisors granted three additional months before taxpayers will need to remit their 2020 first half real estate payment, potentially alleviating approximately $3.8 million in penalties plus interest that might have otherwise been assessed beginning July 16.
A real estate tax deferral was one of several recommendations made by the Business Recovery Task Force, a group of business leaders brought together by Economic Development to explore strategies to help local companies mitigate the impact of COVID-19. Supervisor Boddye ensured that these same tax deferments would be extended to residential homeowners as well, and that penalties would not accrue during the deferment period.