This article explains how the collection of committed real and personal property taxes affects free cash in a municipality. It explains the starting point of the free cash calculation, impacts on free cash and it provides helpful examples.
This article reviews the Public Employee Retirement Administration Commission's (PERAC) 2023 report and discusses important indicators for the financial health of each retirement system.
This article reviews the Public Employee Retirement Administration Commission's (PERAC) 2024 report and discusses important indicators for the financial health of each retirement system.
In this article, Senior Deputy Commissioner Sean Cronin provides a glimpse into the metrics DLS uses to track progress both during and at the conclusion of the tax rate-setting season. It provides helpful data, context and resources that benefit local officials as they review their previous processes and prepare for the future.
In this article, Senior Deputy Commissioner Sean Cronin provides a glimpse into the metrics DLS uses to track progress both during and at the conclusion of the tax rate-setting season. It provides helpful data, context and resources that benefit local officials as they review their previous processes and prepare for the future.
This article examines two factors that can negatively affect the amount of free cash certified: deficit fund balances (commonly referred to as “hits” to free cash) and overlay.
This article reviews and analyzes data as it relates to a previously published City & Town piece on the Motor Vehicle Excise tax. It provides historical statewide information over the past two decades.
This article serves as an overview of the motor vehicle excise process and provides helpful resources and tools for local officials, particularly local assessors.
