Now that a New Castle County tax amnesty program expired, officials are calculating the results.
Residential property owners who paid the full principal amount of their back taxes were not subject to any penalties under the program County Executive Paul Clark announced in February. During the amnesty period, the county waived about $75,000 in school tax penalties and more than $15,600 in property tax penalties, while collecting more than $373,000 in taxes owed to school districts and $88,000 in property taxes. More than 230 homeowners took advaitage of the amnesty period by coming forward. “We wanted to do our part to help those residents facing foreclosure, and I’m glad to see so many people took advantage of the amnesty period,” Clark said. “I hope it gave some relief to those facing a difficult financial situation.” Red Clay School District Chief Financial Officer Jill Floore also praised the program, saying it helped local school districts obtain much-needed revenue.