Marking the largest return in the program’s history, the Cuyahoga County Treasurer’s Office is returning over $400,000 in interest to taxpayers participating in the EasyPay program, providing a modest decrease in what they’ll owe when February tax bills arrive.
EasyPay is a pre-payment or escrow program that allows taxpayers to divide payments into installments — monthly, biannual or annual. Payments are then held by the Treasurer’s Office and applied when taxes are due.
When taxpayers sign up to have those payments made automatically through their banks, the Treasurer’s Office applies the interest earned on their payments to their tax bills…