Board of Estimate & Contract:
RESOLVED, that an ordinance adopted by the City Council on May 14, 2025, and signed by the Mayor on May 15, 2025, authorizing the Extension and Modification of the Tax Interest Amnesty Program for Qualified Owner-Occupied Residential Properties in the City of Mount Vernon (shall take effect immediately upon adoption and shall remain in effect through June 13, 2025, unless extended or amended by subsequent ordinance); be, and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE EXTENSION
AND MODIFICATION OF THE TAX INTEREST
AMNESTY PROGRAM FOR QUALIFIED
OWNER-OCCUPIED RESIDENTIAL
PROPERTIES IN THE CITY OF MOUNT VERNON
Whereas, in a letter dated April 21, 2025, the Comptroller requested authorization to extend and modify the tax interest amnesty program for qualified owner-occupied residential properties in the City of Mount Vernon to provide qualified property owners a final opportunity to settle certain delinquent real property taxes by paying the principal balance in full with a 100% waiver of accrued interest, thereby promoting compliance, reducing the burden on the City's enforcement resources, and delivering fiscal relief to both taxpayers and the City; and
Whereas, the City of Mount Vernon previously implemented a Tax Interest Amnesty Program in 2023, which was extended into 2024, to assist property owners in resolving delinquent tax balances by waiving interest on certain past-due real property taxes; and
Whereas, the City acknowledges the ongoing financial difficulties faced by many homeowners and recognizes that interest and penalties on past-due taxes remain a significant barrier to compliance; and
Whereas, the City of Mount Vernon has now paid the majority of the outstanding school taxes from the years 2017 through 2019 to the Mount Vernon City School District (MVCSD), thereby removing a major impediment that had previously limited the effectiveness of the original Tax...
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