Bill payments must be received on or before the due date to avoid interest charges. If payment is not made within 30 days of the original date of mailing, the account will begin to accrue interest every day, at the rate of 14% per year, computed from the date the bill was due. At 60 days past due, a demand notice will be sent and a demand fee of $5.00 is charged against the account. This applies for each delinquent bill. One billing account may see a demand fee every billing cycle if it remains delinquent from past cycle(s). If the account remains delinquent after June 30 of the fiscal year, a tax lien (a legal claim placed on property for debt) is placed on the property. A tax lien is the first step in the foreclosure process. All taxes, costs and interest must be paid to prevent foreclosure.