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NOTICE FROM THE FINANCE DEPARTMENT REGARDING YOUR TAX BILL |
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Estimated tax bills for the third quarter were mailed on July 14, 2008. Please note – you cannot multiply this bill by four to figure total taxes due for 2008. The estimated amount billed is based on the tax rate yet to be certified by the State and County and therefore final fourth quarter figures are not yet available.
At this point the best way to calculate anticipated 2008 taxes is to multiply by two the third quarter amount billed, then add that figure to the taxes billed in 2008 for the first and second quarters (estimates as well). This total number can then be compared to the total billed in 2007 to determine the change in your taxes from 2007 to 2008.
Please keep in mind if the assessment on the property changed during 2007 or 2008 the above may not produce a true comparable amount. Final tax bills are expected to be mailed out in the middle of September.
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