City & Town Newsletters

Addresses matters of interest to local officials. Published by the Division of Local Services.

Displaying 131 - 140 of 143

Training Highlight: Tax Rate Setting Resources  

This article highlights the importance of teamwork in tax rate setting, emphasizing the submission of a "Tax Rate Recapitulation Sheet" to the DLS' Bureau of Accounts. It provides resources to assist financial management teams in completing the annual tax rate process efficiently.

Understanding and Analyzing Local Receipts  

This article provides helpful information and analysis related to Local Receipts. Local Receipts are defined as locally generated revenues, other than real and personal property taxes. It reviews data from previous fiscal years up to Fiscal Year 2025.

Understanding and Analyzing New Growth: Part 1  

This article is Part 1 in a two-part series related to new growth, the dollar increase in the annual levy limit that reflects additional tax revenue generated by new construction, renovations and other increases in the property tax base during a calendar year. It provides general information related to calculations and links to helpful resources related to the subject.

Understanding and Analyzing New Growth: Part 2  

This article is Part 2 in a two-part series related to new growth, the dollar increase in the annual levy limit that reflects additional tax revenue generated by new construction, renovations and other increases in the property tax base during a calendar year. It expands on the previous article to include statewide analysis for both Fiscal Year 2024 and a five-year trend review.

Understanding and Analyzing New Growth: Part 2  

This article is Part 2 in a two-part series related to new growth, the dollar increase in the annual levy limit that reflects additional tax revenue generated by new construction, renovations and other increases in the property tax base during a calendar year. It reviews New Growth data and analyzes recent trends.

Understanding and Analyzing the Levy Ceiling and Excess Levy Capacity  

This article reviews property tax structure under Proposition 2 ½ with a focus on the levy ceiling and excess levy capacity.

Understanding Financial Health: A Key Tool for Cities and Towns  

This article emphasizes the importance of utilizing the "Financial Indicators Dashboard" developed by the Financial Management Resource Bureau to analyze past trends, track key financial and demographic indicators, and make data-driven decisions for long-term financial stability and strategic planning in municipalities.

Understanding Local Government Revenue Sources  

This article reviews budgeted and actual local government General Fund revenue components used in the setting of FY2025 tax rates.

Understanding the Classification Hearing Process in Local Taxation and Tax Policy  

This article is a helpful resource for local officials and other interested parties seeking to understand the Classification Hearing process as it relates to local taxation and tax policy.

Understanding the Tax Rate Status Report  

This article highlights the Tax Rate Status Report tool, a vital resource for determining how close a municipality is to finalizing its property tax rate for the year.