FINANCE AND TAX DEPARTMENTS
Click here for the 2016 Municipal Budget
Please scroll to the bottom of the page for Prior Years Budget links - -
Tax payments are available online by clicking here
- Listed below are the fees that are involved when
paying your taxes online:
$1.05 for E-Check
$3.95 for Debit Card Payment
2.95% of the Payment Amount for Credit Cards
The Finance Department and Tax Collection offices are open
Monday, Tuesday and Thursday from 8:30am to 4:00pm, Wednesday from 8:30am-7:30pm
and Friday from 8:30am till Noon, excluding holidays.
The Finance Department is responsible for all transactions
relating to the revenues and disbursements of the Borough. The department keeps
a full account of all cash receipts and disbursements of the Borough, has
custody of all investments and invested funds of the Borough in a fiduciary
capacity keeps all moneys not required for current operations safely invested or
deposited in interest bearing accounts, handles the payroll for municipal
employees, processes requisitions and purchase orders for payment and collects
current and delinquent taxes. The Chief Financial Officer oversees the
financial operations of the Borough.
Judith Curran Treasurer, CFO and Tax Collector
Kathleen Shalhoub Accounts Payable
The Borough Tax Office no-longer accepts
cash, please bring a check or money order. Thank you for your cooperation
in this matter. For your convenience, there is a secure drop box in
between the front doors of the Borough Hall.
The Tax Collector is charged with the responsibility for
receiving and collecting all taxes and assessments both current and delinquent.
The Office of the Tax Collector bills over 2,000 taxpayers and collects taxes
Taxes are due:
February 1, May 1, August 1, and November 1.
Please note that the Norwood Tax Office will
no longer accept cash payments for taxes. You must present a check or money
A ten-day grace period to the 10th of the month
is allowed by resolution of the Mayor and Council after which interest is
charged from the first day of the month in which payments are due.
Taxpayers are urged to read all of the information
contained on the front and the back of their tax bills. Please note that
according to New Jersey State Law, failure to receive a tax bill does not exempt
a property owner from payment of taxes. The tax bills are mailed annually,
usually during the first 2 weeks of July. If you do not receive your tax bill
by July 31st, please contact the Tax Office.
If you are mailing a check to pay your taxes, please be
certain that you are paying the amount for the correct quarter. For payment due
May 1, 2015, stub #2, second quarter 2015 taxes, is located at the bottom
right-hand corner of the bill. If you would like a receipt, please send the
entire tax bill with your check. Your bill will be receipted and mailed back to
you. If you do not desire a receipt, then mail the property stub and check.
Please make checks payable to the Borough of Norwood.
It is important to note that the municipal taxes are only a
portion of a Norwood taxpayer’s obligation. Two other separate government
entities, Bergen County Government and the Norwood Local Public School District,
develop and adopt their won budgets funded by property taxes. However, New
Jersey’s Fiscal Laws require the Municipal Government of Norwood to serve as a
billing and collection agency for all three separate entities.
Forms you may download:
If you are a senior or disabled:
If you are a Veteran or Widow of a Veteran: http://www.state.nj.treasury/taxation/pdf/other_forms/lpt/vss.pdf
You may also apply to the State of New Jersey to have your
taxes frozen from one year to another:
Fixing the Rate of Interest and Year- End Penalty
WHEREAS, R.S. 54:4-67 permits the
governing body of each municipality to fix the rate of interest to be charged
for nonpayment of taxes or assessments subject to any abatement or discount for
the late payment of taxes or assessments as provided by law.
NOW, THEREFORE, BE IT RESOLVED,
by the Mayor and Council of the Borough of Norwood, County of Bergen, State of
New Jersey that property taxes shall be due and payable quarterly on February 1st,
May 1st, August 1st and November 1st of each
year with a ten-day grace period, after which dates, if unpaid shall become
delinquent, with interest charged as set forth below and reverting back to the
due date on any quarterly installment of taxes.
NOW, THEREFORE, BE IT RESOLVED, by the
Mayor and Council of the Borough of Norwood, County of Bergen, State of New
Jersey, hereby fix the rate of interest at 8% per annum of the first $1,500.00
of delinquency and 18% per annum on any amount in excess of $1,500.00.
BE IT FURTHER RESOLVED, that a 6% year
end penalty be assessed on the last day of the fiscal year on delinquent
accounts when in excess of $10,000.
BE IT FINALLY RESOLVED, that a certified
copy of this resolution be forwarded to the Tax Collector and Borough Auditor.
Prior Years Budget Information
Click here for the 2015 Municipal Budget
2015 Municipal Audit
2015 Annual Debt Statement
2015 Annual Financial Statement
Click here for the 2014 Municipal Budget
2014 Municipal Audit
2014 Annual Debt Statement
2014 Annual Financial Statement
Click here for the 2013 Municipal Budget
2013 Municipal Audit
2013 Annual Debt Statement
2013 Annual Financial Statement
Click here for the 2012 Municipal Budget
2012 Municipal Audit
2012 Annual Debt Statement
2012 Annual Financial Statement
Click here for the 2011 Municipal Budget
2011 Municipal Audit
2011 Annual Debt Statement
2011 Annual Financial Statement
Click here for the 2010 Municipal Budget
2010 Municipal Audit
2010 Annual Debt Statement
2010 Annual Financial Statement
Click here for the 2009 Municipal Budget
2009 Municipal Audit
2009 Annual Debt Statement
2009 Annual Financial Statement
Click here for the 2008 Municipal Budget
2008 Municipal Audit
2008 Annual Debt Statement
2008 Annual Financial Statement