Is there any discount for paying early?

No. The City eliminated the discount for prepayment in 2015.

Originally tax discounts were implemented to help improve the City’s cash flow in the early months of the year. This is no longer much of an issue. In 2013 a change to legislation meant that the City could not discount the school portion of tax bills. In 2014 (the last year discounts were offered) tax discounts cost the City $40,000 in foregone revenue. If the City is foregoing revenue from some tax payers, that burden is spread to all all tax payers.