Property tax bills
Property tax bills. Photo courtesy San Diego County tax collector’s office

Treasurer-Tax Collector Dan McAllister warned San Diego Residents that Friday is the deadline to pay their property taxes without incurring increasing penalties.

According to McAllister, unpaid bills will go into default Saturday and receive additional penalties of 1.5% each month.

“That penalty adds up to a hefty 18% per year, but is avoidable if payments are received by the June 30 deadline,” McAllister said.

He added that taxpayers can pay their bills online at sdttc.com at no additional cost, if payment is made using the free e-check option.

According to the county, property taxes are due in two installments: the first delinquent date is in December, while the second is in April. Each late installment incurs a 10% penalty, plus a $10 fee if the second installment is late.

The county has collected 98% of property tax payments so far, according to McAllister’s office.

“There is still a small percentage of bills that are not yet paid, and we want to remind taxpayers that there’s still time to avoid additional penalties,” McAllister added.  The county office still must collect $101 million in outstanding tax payments.

Along with increased penalties, properties in default for five years may be sold at a tax sale, in accordance with state law.