Property Tax

City defers late tax payment penalties for one month

Terry RogersAbove the fold, Headlines, Milford Headline Story

At a recent meeting, Milford City Council voted to defer penalties for late property tax payment from October 1 as written in City Code to November 1 for 2024. The reason for the deferment is due to a new property tax billing system that prevented acceptance of payment through the online portal and a delay in mailing the bills to …

Property Tax

MSD lowers tax rate for eighth straight year

Terry RogersEducation, Headlines, Milford Headline Story

Milford School District voted to lower the Kent County school tax rate from $1.6593 per $100 of assessed property value to $0.2807 per $100 value after receiving reassessed property values from that county. The rate in Sussex also dropped from $4.6503 to $4.4556 per $100 of assessed. “We received final information from Kent County that we are basing this off …

Property Tax

Council passes Senior Citizen Tax Relief

Terry RogersGovernment, Government & Politics, Headlines, Milford Headline Story

Milford City Council recently passed a measure that would provide tax relief for those who are 65 and older. The updated regulation includes initial changes to increase income thresholds in response to inflation and include additional changes requested by council at a recent public hearing. The new tax relief ordinance retains an inflationary adjustment to $20,000 for a single owner-applicant …

Realty transfer tax

MSD reduces tax rates for sixth straight year

Terry RogersEducation, Headlines, Milford Headline Story

For the sixth straight year, Milford School District has reduced school taxes for area property owners. The current reduction is in spite of bond sales for the Milford Middle School project that could have raised property taxes slightly. Dr. Sara Croce, Chief Financial Officer for the district, explained the four components of school taxes and what they were currently. “As …

Logo 6

Disabled veteran tax credit approved by school board

Terry RogersEducation, Headlines

At their regular board meeting on August 23, Milford School District Board of Education approved a tax credit for disabled veterans. The tax credit is similar to one offered to senior citizens in Kent and Sussex County that allows them to receive a tax credit of 50 percent of their property tax up to $500. “The school board must approve …

City Hall

City of Milford Property Tax Appeals Session Set for July 26

bshupeGovernment

The Milford City Council will sit in the Council Chambers at Milford City Hall (201 S. Walnut St.) as a Board of Revision and Appeal in regard to the 2021-2022 City of Milford General Property Assessment on Monday, July 26 at 7:00 p.m. Copies of the 2021-2022 General Assessment are posted for public information at Milford City Hall and the …

Court of Chancery

Sussex County agrees to reassess property to settle lawsuit

Terry RogersGovernment, Milford Headline Story

Following New Castle and Kent Counties, Sussex County agreed on April 13 to reassess the value of all real property, the first assessment that has been done in the county since 1974. The decision was in response to a Chancery Court decision that all three Delaware counties violated the law by assessing property far below the market value. The lawsuit …