Some clouds
Some clouds
Hi 39° | Lo 20°

Letter: Reduced penalties

I suppose there are people who don’t like everything Mayor Bill Martin does. However, his actions to reduce the 14 percent penalty to 9 percent for late payments to the town for real estate taxes, water and sewer, etc., is commendable.

Some short time ago, while behind in payments, the town treasury department advised me to pay even a small amount. That way, payment would decrease the interest on the interest on the interest on the principal! A 5 percent decrease would sure help us who are struggling to pay debts.

Good luck and thanks, Bill.



There are no comments yet. Be the first!
Post a Comment

You must be registered to comment on stories. Click here to register.