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Ridgefield COVID tax deferral programs coming to an end

The Town of Ridgefield deferral program and low interest program regarding taxes, which were implemented in conjunction with the Governor's COVID-related executive orders, are coming to an end.  The Low Interest program is expiring on September 30.  For any balance as of October 1, interest will revert back to the Statutory interest rate of 1-and-a-half-percent per month or part thereof which for the month of October is 6-percent.  Under the terms of the local Ridgefield Deferral program, taxes for the first installment due on July 1st were deferred for three months.  That payment is due by October 1, 2020 without any interest.   The terms were included in the Governor's Executive Orders and cannot be altered by the town.

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Rich Valdes

Local Headlines