I would like information about making monthly prepayments on my property taxes.
Davis County offers two options for making property taxes monthly. THIS PROGRAM IS FOR PREPAYING TAXES. The two options are coupons or ACH (automatic financial institution) withdraws. With either option, payments start in January of the year taxes are due in November. The amount of the payment is 1/10th of the prior year total tax, rounded to the nearest dollar. There are nine payments, January through September. (There is no payment in October in order for all payments to show on the Tax Notice). With the coupon option, the payment shows due on the 5th of each month.
With the ACH/automatic withdraw option, the taxpayer chooses either the 5th or 20th of the month. A Prepayment Authorization Form must be completed and sent to the Davis County Treasurer to enroll. The address is on the form.
>> Download Prepayment Authorization Form
The payments will be deducted from the designated account on the chosen date, January through September. (There is no payment in October in order for all payments to show on the Tax Notice). Those who participate in the ACH/automatic withdraw option will receive a PREPAYMENT AUTHORIZATION FORM on the bottom of the Tax Notice, instead of a payment stub.
THIS PREPAYMENT AUTHORIZATION FORM NEEDS TO BE SIGNED AND RETURNED NEAR NOVEMBER 10TH.
The form will authorize the Davis County Treasurer to deduct the final balance of tax due on November 30 (or the due date if November 30 is on a weekend) AND start the prepayments the following January. The Prepayment Authorization Form discloses the amount of the final tax payment and the amount of the monthly payment for the next year.
IF THE PREPAYMENT AUTHORIZATION FORM IS NOT RETURNED TIMELY, THERE WILL BE PENALTIES AND INTEREST CHARGED IN ACCORDANCE WITH UTAH LAW.