Jay Peak Inc., at the center of the EB-5 scandal in Vermont, is late paying its property taxes to the town of Jay.
The resort, along with its associated properties, have a total value of about $120 million on the town’s grand list, according to public records. That translates to an annual tax bill of a little more than $2 million.
Property taxes in Jay were due Oct. 14.
The taxes from Jay Peak Inc., including all the condos at the resort, are “probably two-thirds of the property taxes for the town,” Select Board Chairwoman Peggy Loux said Tuesday.
Michael Goldberg, the court-appointed receiver overseeing the Jay Peak properties after allegations of investor fraud were leveled at the developers in April, said he expected to pay the tax bill soon.