Late-Payment Penalty and Interest Charges on Delinquent Accounts

Effective May 1, 2012, in accordance with State of North Carolina General Statute 147- 86.23, all delinquent accounts will be assessed a one-time 1% late-payment penalty charge. Effective July 1, 2014, in accordance with State of North Carolina General Statute 147-86.23, the one-time late-payment penalty charge will be increased from a 1% late-payment penalty charge to a 10% late-payment penalty charge.

Effective July 1, 2019, in accordance with the State of North Carolina General Statute 147-86.23, an annual interest charge of 5% will be applied to all unpaid past due balances with a portion of the interest charge being applied monthly. Interest charges are based on the prevailing North Carolina Department of Revenue rate. Rates are subject to change every 6 months.