Following the recent PVA reassessment of property values, City Council approved the largest increase in Graymoor-Devondale’s property-tax early-payment discount in many years.
For the fiscal year that began July 1, the early-payment discount will increase from 14% to 18%.
This larger discount is intended to lessen the effect of higher property assessments. As a result, the percentage increase in City property taxes will be lower than the percentage increase in assessed home values for residents who qualify for the early-payment discount.
Please review your tax bill carefully for its payment deadline and instructions.
