Olmsted County approves property tax relief during COVID-19 crisis

Decorative image of wooden house with coins stacked and faded in the background
The COVID-19 health emergency has resulted in a significant loss of income for many individuals, businesses, and property owners. As a result, some Olmsted County taxpayers may have difficulty meeting the deadlines for 2020 property taxes. 

To provide some property tax relief during this difficult time, today the Olmsted County Board of Commissioners approved a one-time temporary abatement of the penalty and interest for late property tax payments. This will extend the date that late payment penalties begin to accrue from May 15 to December 15, 2020. 

Important points to note:

  • No penalties assessed unless property taxes are not paid by December 15.
  • This does not apply to property taxes paid by escrow.
  • Partial property tax payments will be accepted up to December 15.

Not all individuals and businesses in Olmsted County are experiencing financial hardship due to COVID-19. Those that are still able to make their property tax payments on time are encouraged to do so.