In regards to all cities and towns with semi-annual tax payments, a notice of preliminary property tax mailed after July 1 will be due and payable on October 1. However, the notice will be due and payable November 1 or 30 days after the date of mailing, if the notice is mailed after August 1, whichever is later. The preliminary tax may not exceed 50% of 102.5% of the tax payable during the preceding fiscal year plus certain voter-approved increases.
Please contact Rash & Associates for more information.