The Budget & Collection Procedures
The Tax Collector's Office is tasked with the collection of the revenue necessary to meet the budget obligations of the Town. This year, fiscal year 2017, the Town's budget is $89,048,631; after applying the amount of revenue from other sources such as State Grants, Education Cost Sharing etc., this office is bound to collect $84,772,785. With these budgetary funds, Waterford provides excellent schools, fire protection, public works services, senior services, a public library and much more.
To this end, it is imperative that we all pay our tax obligations in a timely manner. It is for these reasons, and the statutory directives, that municipalities take tax collection seriously. Therefore, when certain tax obligations reach a determined level of delinquency, it becomes necessary to escalate the collection procedure. At the 90 day point of delinquent motor vehicle and business personal property taxes (after the original billing in July and a reminder statement in September) this office utilizes the assistance of either a collection agency, a State Marshal, or both. We use these tools in order to most effectively collect the taxes necessary to fund the budget, not to penalize our taxpayers.
The collection of taxes is strictly governed by State Statutes and there is no room for interpretation. In short, if something is not expressly permitted, it is expressly prohibited! Things that are expressly prohibited include waiving interest and establishing payment plans. Statutorily permitted tools for collection of municipal taxes include the accruel of interest, placing liens, foreclosure, withholding automobile registration privileges and garnishing wages.
None of the "bad" things happen if we can simply pay our taxes on time.