|
TEMPE INTEREST RATE
Effective October 1, 2005, Tempe's interest rate changed
to be the same as the interest rate charged by the State of Arizona
Arizona Interest Rate Table . This rate is
subject to change on a quarterly basis. Accrued interest is compounded
every December 31st.
The interest rates in effect are:
|
Tax Delinquent As Of |
Tax Delinquent to |
Monthly Interest Rate |
Annual Interest Rate |
| 4/1/2011 |
Current |
0.3333% |
4% |
| 1/1/2011 |
3/31/2011 |
0.25% |
3% |
| 4/1/2009 |
12/31/2010 |
0.3333% |
4% |
| 1/1/2009 |
3/31/2009 |
0.4166% |
5% |
| 10/1/2008 |
12/31/2008 |
0.50% |
6% |
| 7/1/208 |
9/30/2008 |
0.4166% |
5% |
| 4/1/2008 |
6/30/2008 |
0.50% |
6% |
| 1/1/2008 |
3/31/2008 |
0.58% |
7% |
| 7/1/2006 |
12/31/2007 |
0.67% |
8% |
| 10/1/2005 |
6/30/2006 |
0.58% |
7% |
| 5/1/1990 |
9/30/2005 |
1% |
12% |
| 1/1/1968 |
4/30/1990 |
1.5% |
18% |
Example:
| Report Period |
Feb-05 |
| Filing Due Date |
3/20/2005 |
| Delinquent As Of |
4/1/2005 |
| Interest Starts to Accrue |
4/30/2005 |
| Payment Made |
11/30/2005 |
|
|
6 Months interest at 1% |
4/05-9/05 |
|
|
1 month interest at 0.58% |
10/05 |
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