The second quarter Real Estate tax payment will be due on November 1, 2011.
Third and fourth quarter payments are due on February 1, 2012 and May 1, 2012. You will receive a bill for those payments sometime in December.
In the Commonwealth of Massachusetts, all real estate taxes are assessed on a fiscal year basis. The fiscal year runs from July 1st through June 30th.
Taxes in the Town of Oakham are collected quarterly and are typically due on August 1, November 1st, February 1st and May 1st. You will receive a bill with 2 coupons to be used for the August and November payments. The actual bill will be sent prior to January 1st with 2 additional coupons to be used for the 3rd and 4th payments.
Bills are mailed to the owner of record as of January 1st of the year prior to the tax year with a copy to the new owner if known at the time of the mailing.
When receiving your actual bill (January 1st), please check the valuation to be sure it is correct. You have 30 days from the date of mailing to file an abatement if you believe your bill is incorrect. You should contact the Oakham Board of Assessors for an abatement form.
If you have an escrow account with your mortgage company, it is your responsibility to mail them a copy of your bill so that they may pay it.
If you no longer own the property, do not discard the bill, you may either forward it to the new owner or mail it back to the Collector noting that the property was sold.
Payment must be received in the Collector's office by the due date in order to be considered "on time". Postmarks are not accepted. This policy is in accord with the ruling of the Massachusetts Department of Revenue.
Payments not made by the due dates are subject to interest at 14% annum from the due date. Interest accrues daily. If making a payment late, please contact the Collector's office to obtain an up to date interest amount.
Partial payments are accepted.
Please see "How to pay a bill in the Town of Oakham" for further information.