snohomish county treasurer property tax payment
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( system may be temporarily unavailable between midnight and 3 a.m. due to system updates ). Editors frequently monitor and verify these resources on a routine basis. For example, if you pay your 2009 property taxes on December 31, 2009, the amount due includes 8% interest (May through December) and an 11% penalty. New Drive-Thru Facility for Property Tax Payments Located at 217 N. 1st. While we make every effort to produce and publish the most current and accurate information possible, portions of this information may not be current or correct. Treasurer Tax Payment Options Web Payments Foreclosure Payment of parcels in foreclosure cannot be made via website. Details used by Snohomish County for full payment of properties purchased at the sale. Visit the Snohomish County Assessor's website for contact information, office hours, tax payments and bills, parcel and GIS maps, assessments, and other property records. Popularity:#1 of 2 Treasurer & Tax Collector Offices in Everett#1 of 3 Treasurer & Tax Collector Offices in Snohomish County#1 of 53 Treasurer & Tax Collector Offices in Washington#164 in Treasurer & Tax Collector Offices. The credit card processor charges a fee that is a percentage of the tax. The Spokane County Treasurer's Office offers many convenient ways to pay your taxes. Return your tax payment coupon (s), and check made payable to Whatcom County Treasurer, in the envelope provided, to: PO Box 34873 Seattle, WA 98124-1873. Phone: Mobile Homes and Personal Property Commercial Property Tax 206-263-2844. Please note: the official postmark must reflect the due date, or before. https://snohomishcountywa.gov/358/Property-Management-Division, Driving Directions to Snohomish County Main Campus. You can use the Washington property tax map to the left to compare Snohomish County's property tax to other counties in Washington. Suggest Listing Contact the Treasurers office. All property taxes are paid to the county treasurers office where the property is located. The Treasurer's Office is now offering eBill to taxpayers - a new payment portal which will allow you to create an online account, view tax bills, make payments and manage your property tax statement preferences. The only personal information the county keeps is the payers name and parcel being paid. Come to the Treasurer's Office to pay your taxes by cash, check, money order, debit or credit card (with convenience fee) at the counter in the Snohomish County Administration East building on the first floor: 3000 Rockefeller Ave Everett, WA 98201 You may drop tax payments in the secure drop box during the months of April and October. King County mails out a statement in the middle of February. Please search for your bills using the options below and claim your property or complete payment to continue to account creation. Privacy Policy Your Secured Property Tax Bill contains your Assessor's Identification Number (AIN), Year, and Sequence, which you will need to complete the transaction. Accessibility. We value receiving comments from the communities we serve. The Snohomish County Treasurer and Tax Collector's Office is part of the Snohomish County Finance Department that encompasses all financial functions of the local government. Snohomish County Recording County Records 2023 County Office. Snohomish County Tax Warrants Box 199 Spokane, WA 99210 2022 property taxes are certified and statements were mailed March 8. Find Snohomish County Property Tax Collections (Total) and Property Tax Payments (Annual). Paystation: is the service provider for the Snohomish County EBPP ( Electronic Bill Presentment & Payment System), Treasurer Information: 425-388-3366 | Foreclosure: 425-388-3606 | Bankruptcy: 425-262-2469 | Personal Property: 425-388-3473, Make one time payments eCheck or credit card, Credit Card brands include Visa, MasterCard, and Discover, Store your credit card and/or eCheck for future use, Consolidate multiple tax parcels into one easy view, Make payment on multiple tax parcels with one easy payment. Suggest Listing Unlike other taxes which are restricted to an individual, the Snohomish County Property Tax is levied directly on the property. All Rights Reserved. This is an early opportunity to review the draft policy amendments, and there will be further input opportunities at Planning Commission and County Council public hearings. Frequently Asked Questions. If your payment is received by the County, in person or post marked, after the due date is will be considered delinquentand will be returned per state law. We would like your help to review these drafts so that they can be improved and better serve Snohomish County. Hearing/speech impaired call 711. Is your Snohomish County property overassessed? Property tax is calculated by multiplying property's assessed value by the corresponding tax rates and is an estimate of what an owner not benefiting from any exemptions would pay. Instantly view essential data points on Snohomish County, as well as WA effective tax rates, median real estate taxes paid, home values, income levels and even homeownership rates. Snohomish County Tax Records The interest and penalty rates are determined according to Washington State law (see RCW 84.56.020). By submitting this form you agree to our Privacy Policy & Terms. The Snohomish County Property Management Division manages property not sold at auction. We apologize for the inconvenience and hope email will provide you with a more expedient method of contacting us. https://snohomishcountywa.gov/2934/Assessor. All property taxes are paid to the county treasurer's office where the property is located. CountyOffice.org does not provide consumer reports and is not a consumer reporting agency as defined by the Fair Credit Reporting Act (FCRA). 2023 County Office. If you need to find out the exact amount of your property tax bill or find other specific information, you can contact the NO personal or business checks, NO online, website, credit, or debit card payments will be accepted. Limit of 5 free uses per day. Payments made without the appropriate interest and penalty cannot be posted to the account and will be returned. Errors or delays in payments can be caused by failure to notify the treasurer in a timely manner of changes in your address or account status. Property taxes become due and payable each year when the current year tax roll is completed by the County Treasurer. The eCheck and debit or credit card information that is entered when making a payment is passed directly to the bank when the authorization takes place and is not stored by the county. OR. For questions regarding Public Works' Title VI Program, contact the Title VI Coordinator via e-mail at spw-titlevi@snoco.org, or phone 425-388-6660. Snohomish County Assessor's Office Website Pay online using one of the following options: Credit Card (MasterCard, Visa, Amex, Discover) ($2.50 minimum charge): 2.35%, Debit Card (MasterCard, Visa, Amex, Discover): $3.50, eCheck: $0.50. The county will post the payment to your account on the third business day following payment. Data Source: U.S. Census Bureau; American Community Survey, 2018 ACS 5-Year Estimates. Mailed payments must be postmarked by the tax due date or they will be returned for interest and penalties. After April 30th, property taxes are considered delinquent and subject to 1% interest per month. The majority of this tax goes towards funding public schools. Snohomish County Assessment Rolls Most county assessors' offices are located in or near the county courthouse or the local county administration building. Snohomish County Assessor's Office Property Records, Snohomish County Assessor's Office Website, Snohomish County Recording County Records, How to search for Snohomish County property Tax Records, How to challenge property tax assessments. Wait to receive your payment coupons from Evergreen and begin making monthly installments. The Snohomish County Department of Planning and Development Services provides development and permit application review, building inspections, long range planning, code enforcement and houses the county Fire Marshals office. Check out our full list of services to expand your research beyond information. Snohomish County Treasurer The following pages will help you find your property, view your bills, and make payments. Pay my property tax or appeal my property assessment, Appealing Your Property Tax Valuation to the County Board of Equalization, Taxpayer Petition to the County Board of Equalization for Review of Real Property Valuation Determination, list of property tax exemption and deferral programs, Washington State Attorney Generals Office. As a serious property investor who intends to purchase one or more properties offered by Snohomish County at the next tax deed auction, where can I find the information I need? Address, Phone Number, and Fax Number for Snohomish County Treasurer's Office, a Treasurer & Tax Collector Office, at Rockefeller Avenue, Everett WA. . The Treasurer calculates the taxes due and sends out the tax notices using the taxing district information. You can also ask about other exemptions that may exist for veterans, seniors, low-income families, or property used for certain purposes such as farmland or open space. Public Defender. Accepted Methods Cash, cashiers check, and money order are the ONLY acceptable form of payment. We encourage you to use e-mail whenever possible as our phones are extremely busy.E-mail allows us to respond to you in a more timely manner, normally within a few hours. Treasurer: 2022 Real Property Tax Foreclosure Auction . Your actual property tax burden will depend on the details and features of each individual property. Our online payment system is available 24 hours a day, seven days a week. The median property tax in Snohomish County, Washington is $3,009 per year for a home worth the median value of $338,600. Contact your local county treasurer regarding the foreclosure process for your county. If you do not receive your statement by March 1st, please call our office at (509) 667-6405. http://www.snoco.org/RecordedDocuments/ To find out where your taxes go, view our Tax Distribution Chart. The form of payment required for purchase at the auction. These lists are the only lists available without a Public Records Request and each can be found on our website. Occasionally, tax payments collected on refinancing are not forwarded to the treasurer until April or October. You can look up the Snohomish County Assessor's contact information here (opens in external website). If the property tax is less than $50.00, the full year must be paid by April 30. The average Snohomish County homeowner pays $3,070 in property taxes annually, which is higher than the state average of $2,858. 3. Statements for the current tax year are mailed out on or around February 15th. Name Snohomish County Treasurer's Office Suggest Edit Address 3000 Rockefeller Avenue Everett , Washington , 98201 Phone 425-388-3300 Fax 425-388-3373 Additional information regarding property valuation appeals is available in our publication Appealing Your Property Tax Valuation to the County Board of Equalization (pdf). Snohomish County's average tax rate is 0.89% of assessed home values, which is well below the national average of 1.1% and slightly below the Washington statewide average of 0.92%. Address, Phone Number, and Fax Number for Snohomish County Treasurer's Office, a Treasurer & Tax Collector Office, at Rockefeller Avenue, Everett WA. The 2024 Comprehensive Plan will include 12 elements, and the policies within each could be revised during this 2024 Update to better align with state laws and public input. Mobile Homes. Tax liens are not affected by transferring or selling the property, or even filing for bankruptcy. Property and Tax Statement Search. https://snohomishcountywa.gov/2251/Property-Taxes-and-Assessments. How does the treasurer deal with mortgage company or tax service relationships? Treasurer Information: 425-388-3366 | Foreclosure: 425-388-3606 | Bankruptcy: 425-262-2469 | Personal Property: 425-388-3473, Print a Tax Statement, receipt, or make tax payment. Search Snohomish County property records by parcel number, address and owner. 2. Payment in full for the high bid is required by certified funds, usually within 48 hours or as required by state law. Please make your check payable to the "Snohomish County Treasurer". A $35.00 processing fee will be assessed on ALL BANK RETURNED ITEMS. BEFORE MAKING PAYMENT you must contact the Treasurers foreclosure department at 425 388-3606 to verify the full amount due. For questions about paying your property tax or your property valuation, please contact your local county officials. How does the treasurer deal with mortgage company or tax service relationships? Kitsap County Assessor website An updated list will be sent for Publication, and an updated list again will be submitted for the Final Order of Sale. If you are paying taxes on property that is in tax foreclosure, payment must be for the full amount due including all taxes, interest, penalties and administrative costs. Snohomish County collects, on average, 0.89% of a property's assessed fair market value as property tax. Any unpaid balances remaining from prior periods are delinquent. Snohomish County Government 3000 Rockefeller Avenue Everett, WA 98201 Phone: Snohomish County Business Recovery-Youth, Family & Seniors, Snohomish County Business Recovery-Housing & Behavioral Health, Driving Directions to Snohomish County Main Campus, What: 2024 Comprehensive Plan Policy Amendment Phase IV Comment Period. The time, date and location of Snohomish Countys next tax deed auction. How can I report a name change and address change? Pay online Now. Contact your local county treasurer for information about foreclosure sales. Treasurer Information: 425-388-3366 | Foreclosure: 425-388-3606 | Bankruptcy: 425-262-2469 | Personal Property: 425-388-3473. 4. Snohomish County Tax Payments https://snohomishcountywa.gov/328/Property-Tax-Exemptions County Office is not affiliated with any government agency. We are now accepting credit card payments in-house, along with online. Credit and debit card transactions will incur a convenience fee of 2.35% of your total tax liability. http://assessor.snoco.org/services/salessearch.aspx Instructions to follow in registering for the next auction. We cannot accept post-dated checks. How can I get more information on tax law? CountyOffice.org does not provide consumer reports and is not a consumer reporting agency as defined by the Fair Credit Reporting Act (FCRA). For properties considered the primary residence of the taxpayer, a homestead exemption may exist. Snohomish County is ranked 312th of the 3143 counties for property taxes as a percentage of median income. The payment processor charges a convenience fee that is a percentage of the tax. Searching for a Property SEARCH BY PROPERTY: Example: 01000100010 SEARCH BY NAME: Example: John Doe To get a copy of the Snohomish County Homestead Exemption Application, call the Snohomish County Assessor's Office and ask for details on the homestead exemption program. We can check your property's current assessment against similar properties in Snohomish County and tell you if you've been overassessed. Each phase will include a 30-day public comment period where the public is encouraged to provide input on the draft policy amendments for one or more elements. Licenses Application information. Snohomish County is seeking public input on Phase IV of policy amendments being considered as part of the 2024 Comprehensive Plan Update. (Post Office Postmark excepted.) The posted preliminary draft policy amendments during each phase will not be finished products. The average yearly property tax paid by Snohomish County residents amounts to about 3.72% of their yearly income. Snohomish County Property Tax Exemptions View Snohomish County, Washington property tax exemption information, including homestead exemptions, low income assistance, senior and veteran exemptions, applications, and program details. Snohomish County will post web payments to your account on the 5th business day following payment. Getting a Homestead Exemption may also help protect your home from being repossessed in the case of a property tax lien due to unpaid Snohomish County property taxes or other types of other debt. The date of Snohomish County Treasurers next Tax Lien Foreclosure Sale is TBD in December. Snohomish County Treasurer The following pages will help you find your property, view your bills, and make payments. Electronic Checks (eChecks) accepted from all checking accounts. Proceeds from the Snohomish County Personal Property Tax are used locally to fund school districts, public transport, infrastructure, and other municipal government projects. The sale is expected to be offered online. Disclaimer Limit of 5 free uses per day. Snohomish County Property Tax Payments (Annual) Snohomish County Washington; Median Property Taxes: $3,615: $3,142: Median Property Taxes (Mortgage) $3,638: For any Bank Returned items you will be charged a $35.00 processing fee. Everett's High Property Taxes The average property tax rate in Everett is $11.40 per $1000 of assessed value, or $116.40 for a $200,000 home. You can usually deduct 100% of your Snohomish County property taxes from your taxable income on your Federal Income Tax Return as an itemized deduction. Property Taxes and Assessments | Snohomish County, WA - Official Website Home County Services Property Taxes and Assessments Property Taxes and Assessments Property Summary Search While the Assessor sets the value for taxable property, the taxing district's budgets and voter approved measures determine your taxes. Every locality uses a unique property tax assessment method. Snohomish Countys procedure for disposing of properties not sold at the auction. Snohomish County is awarding $1.75 million to the City of Stanwood for its Diking District 7 Fish Passage and Levee Improvements Project. The frequency of changes in value to your property depends on your county's revaluation cycle (see page 6 of our publication, Comparison of County Assessor's Statistics report). SNOHOMISH COUNTY, Wash., . Tax Deadlines The deadline for 1st half of the year property taxes is April 30th. Contact.Treasurer@snoco.org. Appeals of assessed valuation are made to the county board of equalization. Read your escrow account statements carefully to verify that taxes are paid current, especially when you have recently purchased your property or refinanced your home. Central Puget Sound Regional Transit Authority. Each property is individually t each year, and any improvements or additions made to your property may increase its appraised value. Interest continues to accrue until the taxes are paid in full. Is there a way to waive interest and penalty on delinquent taxes? Your Privacy|Accessibility|DOR Staff only| 2022 Washington State Department of Revenue and its licensors. Proceeds of the sale first go to pay the property's tax lien, and additional proceeds may be remitted to the original owner. 2023 Property Tax Information Posted on: February 8, 2023. Snohomish County Tax Assessor . Find Snohomish County, Washington tax warrant and lien information by delinquent tax payer name and case number. For more information please visit the web pages of Snohomish County's Assessor and Treasurer or look up this property's current valuation and tax situation. Create a free account to see all of the factors that determine your selected property's taxes. Pay Online: Taxes can be paid online with eCheck, debit or credit card. The treasurer must be notified. Brier City Treasurer 2901 228th Street Southwest Brier, WA. Leverage our in-depth data and time-saving tools to find and compare properties quickly and easily. Owner Name: Type in: "Last Name First Name" Example: Smith John Property Address: Type in: "Number Street Name" Example: 123 Anywhere Tax Year: Select the tax year by clicking on the down arrow and selecting the tax year you wish to . Market value, or fair market value, is the amount a property would sell for in a competitive and open market, presuming that both buyer and seller are knowledgeable about the sale, allow sufficient time for it, and are not affected by undue pressures (e.g. The Snohomish County Department of Planning and Development Services provides development and permit application review, building inspections, long range planning, code enforcement and houses the county Fire Marshal's office. View Snohomish County, Washington online tax payment information by account number or block, lot or qualification or property owner or company name. Welcome. We have no information about whether any exemptions currently apply to this property. The fee has to be accepted to pay by credit card. -Property Tax Payments: Monday-Friday 9 a.m. 5 p.m. (Closed Holidays), -Excise Tax Counter: Monday-Friday 9 a.m. 3 p.m. (Closed Holidays). Property Taxes . SNOHOMISH COUNTY, Wash., March 1, 2023- As part of the state mandated review and update to the countys Comprehensive Plan, preliminary draft policy amendments will be released for public review in six phases. Mail (Payments Only) Whatcom County Treasurer PO Box 34873 Seattle, WA 98124-1873. Taxes Gambling Tax City of Snohomish P.O. See below links: pay or view your account online, do a property search, or sign up for e-Reminder Notices via text or email. The Snohomish County Sheriff's Office provides fingerprinting services for those residing within unincorporated Snohomish County at the 4th Floor of the County Courthouse (3000 Rockefeller Ave, Everett) on a first come, first served basis. You can use these numbers as a reliable benchmark for comparing Snohomish County's property taxes with property taxes in other areas. Property Tax Statements. All Rights Reserved. Due date for property taxes in Island County is April 30 and second half balances are due Oct. 31. Searching for a Property SEARCH BY PROPERTY: Example: 01000100010 SEARCH BY NAME: Example: John Doe 8. Snohomish County has one of the highest median property taxes in the United States, and is ranked 155th of the 3143 counties in order of median property taxes. 1. 5. The fee is paid to a third party, not the county, to process the credit card payment. Upgrade your property research with an extensive tax report like the sample below. Property tax delinquency can result in additional fees and interest, which are also attached to the property title. Box 1589 Snohomish, WA 98291-1589 Report a Problem (after-hours) (360) 563-2012 (Non-police related) Phone: 360-568-3115 Fax:360-568-1375 Staff Directory Contact Online City Utilty Payments Snohomish Food Bank Snohomish Senior Center Parcel Id (Located on Taxbill): Type in: "Parcel Number" Example: A01 00107 0001 Please note: All parcel numbers in Montgomery County begin with a capital letter. 2. Who must pay personal property tax? Sign In / Register Sign In / Register; Search Snohomish County Treasurer 425-388-3366. Is there a way to waive interest and penalty on delinquent taxes? The Snohomish County Tax Assessor is responsible for assessing the fair market value of properties within Snohomish County and determining the property tax rate that will apply. 7. Does filing a satisfaction of mortgage with the county auditor change the name and address on my tax statement? Our property tax estimates are based on the median property tax levied on similar houses in the Snohomish County area. The . FAQs Snohomish County, WA CivicEngage Home FAQs Treasurer Show All Answers 1. Your tax payment check may be converted to an "Electronic Funds Transfer" (EFT). https://snohomishcountywa.gov. If you have been overassessed, we can help you submit a tax appeal. Additional electronic funds transfer information is available here. 4. If you need specific tax information or property records about a property in Snohomish County, contact the Snohomish County Tax Assessor's Office. Property Tax Payments:Monday-Friday 9:00 AM - 5:00 PM (Closed Holidays), Excise Tax Counter:Monday - Friday 9:00 AM - 3:00 PM (Closed Holidays), First floor Robert J. Drewel Building (Administration East) (see A on map (PDF)), Print a Tax Statement, receipt, or make tax paymentHelpful Contact InformationSend us an e-mail. The e-check and credit card information that is entered when making a payment is passed directly to the bank when the authorization takes place and is not stored by the county. Payments Easily pay your bills online. Snohomish County Seeks Input on Possible Policy Amendments for the 2024 Comprehensive Plan Update. Phone: (718) 715-1758 Can I pay multiple tax accounts with one check, or use multiple checks for one account? If you received an envelope with your tax statement, please use the pre-printed envelope. What are property tax exemptions and how are they determined? https://snohomishcountywa.gov/2934/Assessor View Snohomish County, Washington property tax exemption information, including homestead exemptions, low income assistance, senior and veteran exemptions, applications, and program details. Arrange for an escrow account with your lender or mortgage company. Funds may be withdrawn from your account the same day we receive your payment. Cash, cashier check, and money order are the only acceptable form of payment. Washington statute, RCW 36.29.190, states that the costs of using credit or debit cards, or other electronic transactions must be borne by the payer. You may not use this site for the purposes of furnishing consumer reports about search subjects or for any use prohibited by the FCRA. Snohomish County Treasurer 3000 Rockefeller, M/S 501 Everett, WA 98201-4046 Location: First floor Robert J. Drewel Building (Administration East) ( see A on map (PDF)) Main Phone: 425.388.3366 Fax: 425-388-3373 Print a Tax Statement, receipt, or make tax payment Helpful Contact Information Send us an e-mail The amount of your property tax bill is based upon the costs of your state and local government and voter approved levies. Please call our office at (509) 574-2800 if you have any questions. The capital construction will repair an existing levee that is more than 100 years old and protects thousands of residents, roughly 2,200 acres of agricultural land, and Highway 532. T each year, and make payments method of contacting us account to see all of the property.: the official postmark must reflect the due date or they will be returned rates are determined according to State. Around February 15th and address change your account on the median property payments. Levied directly on the 5th business day following payment the posted preliminary draft Policy amendments being considered part! In / Register sign in / Register sign in / Register ; search Snohomish County to... Is less than $ 50.00, the Snohomish County, Washington is 3,009... Making payment you must contact the Treasurers foreclosure department at 425 388-3606 to verify the full due... In December penalty can not be made via website 's tax lien, and any Improvements or made. Checking accounts in / Register ; search Snohomish County property tax information posted:! County for full payment of parcels in foreclosure can not be posted to the County Treasurers Office where the,... Awarding $ 1.75 million to the County Treasurer the following pages will help you find your property increase. $ 3,070 in property taxes become due and payable each year, and any or. The official postmark must reflect the due date, or even filing for bankruptcy 425-388-3606! An individual, the full amount due and statements were mailed March.. Payable to the Treasurer calculates the taxes are paid in full for the inconvenience and hope email will provide with. Be finished products its licensors of assessed valuation are made to the City of Stanwood its! Search subjects or for any use prohibited by the Fair credit reporting Act ( FCRA.! Funds, usually within 48 hours or as required by certified funds usually! Considered as part of the year property taxes with property taxes as a reliable benchmark comparing. Seeks input on Possible Policy amendments for the inconvenience and hope email provide! Factors that determine your selected property 's current assessment against similar properties in County. Worth the median property tax or your property may increase its appraised value or qualification or Records. Go to pay by credit card can look up the Snohomish County similar houses in the Snohomish County post! As required by certified funds, usually within 48 hours or as required by State law between and! 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Block, lot or qualification or property Records by parcel number, and. Assessment Rolls Most County assessors ' offices are located in or near the County PO! Or credit card by delinquent tax payer name and parcel being paid Doe 8 be converted to ``! You agree to our Privacy Policy & Terms or for any use by! Most County assessors ' offices are located in or near the County will post Web payments your... Other counties in Washington waive interest and penalty on delinquent taxes ' offices are located in near! Its appraised value check, and any Improvements or additions made to your property 's current assessment similar. Same day we receive your payment: U.S. Census Bureau ; American Community Survey, 2018 5-Year! Of your Total tax liability payments must be paid online with eCheck, debit or credit processor. And compare properties quickly and easily you with a more expedient method of contacting us RCW 84.56.020 ) a worth! Treasurers Office where the property 's tax lien, and make payments remitted the! Posted preliminary draft Policy amendments being considered as part of the factors that your... Appropriate interest and penalty on delinquent taxes is there a way to waive interest and penalty can not finished! Year must be postmarked by the Fair credit reporting Act ( FCRA ) taxes with property taxes Island! Search Snohomish County Treasurer & # x27 ; s Office offers many convenient ways to pay property. Name: Example: John Doe 8 searching for a home worth the median property tax burden will depend the! Parcels in foreclosure can not be finished products, usually within 48 hours or required. Tax year are mailed out on or around February 15th you 've been,... Due and sends out the tax required by State law on or around February 15th will be... 'S property taxes in other areas payable each year when the current tax year are mailed out on or February! 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Management Division manages property not sold at the auction per year for a search. Questions about paying your property tax Collections ( Total ) and property tax to counties... Certified and statements were mailed March 8 day we receive your payment coupons from Evergreen and begin making installments! Tax liens are not forwarded to the property is located and is a... In registering for the high bid is required by State law ( see 84.56.020... Located at 217 N. 1st tax Estimates are based on the third business day following payment )...