Rochester, MN (KROC AM News) - The Olmsted County Board Tuesday discussed giving financially stressed businesses and homeowners a break in paying their property taxes.

Numerous businesses and individuals have been affected by the ongoing coronavirus crisis and their property tax bills will soon be due.

The first half payment is due May 15th and the board discussed a proposed 60-day extension for distressed property owners. The proposal would forgive any interest, fines and/or penalties on property tax payments if they are made by July 15th.

The board agreed to bring the proposal back for a vote at its April 21st meeting. County Administrator Heidi Welsch told the board she hopes to have some guidance from the state by then.

Counties collect and disburse property taxes not only for counties, but also for all cities,
townships, school districts, state of Minnesota, and special taxing districts.

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