Guidelines, Opinions, Advisories and FAQs

Informational guideline releases, local finance opinions & bulletins issued in recent calendar years

Displaying 41 - 50 of 180

IGR 2024-11 Fiscal Year 2025 Tax Bills Semi-Annual Payment System – Optional Preliminary Bills  

Division of Local Services

This Informational Guideline Release (IGR) explains the semi-annual tax billing and payment system with optional preliminary bills issued in the fall and establishes tax bill requirements under that system.

IGR 2024-10 Fiscal Year 2025 Tax Bills Semi-Annual Payment System – Annual Preliminary Bills  

Division of Local Services

This Informational Guideline Release (IGR) explains the semi-annual tax billing and payment system with annual preliminary bills being issued by July 1 and establishes tax bill requirements under that system.

IGR 2024-09 Fiscal Year 2025 Tax Bills Semi-Annual Payment System  

Division of Local Services

This Informational Guideline Release (IGR) explains the regular semi-annual payment system and schedule and establishes tax bill requirements under that system.

IGR 2024-08 Fiscal Year 2025 Tax Bills Quarterly Payment System  

Division of Local Services

This Informational Guideline Release (IGR) explains the procedures for the quarterly tax billing and payment system and establishes tax bill requirements under that system.

IGR 2024-07 Social Security Deduction for Fiscal Year 2025  

Division of Local Services

This Informational Guideline Release (IGR) announces that FY2025 deductions from gross receipts for Clause 41s senior personal exemption increased by 3.2% over FY2024.

IGR 2024-06 Optional Cost of Living Adjustment For Fiscal Year 2025 Exemptions  

Division of Local Services

This Informational Guideline Release (IGR) announces that for FY2025, 3.4% is the (1) maximum local option cost-of-living-adjustment (COLA) increase in Cl. 17 (surviving spouse/minor & elderly) exemption amount; (2) optional COLA applied to increased asset limit of Cl. 17s exemptions; (3) optional COLA applied to increase income & asset limits of Cl. 41s senior exemptions

IGR 2024-05 Calendar Year 2024 Adjustment in Land Of Low Value Foreclosure Valuation Limit  

Division of Local Services

This Informational Guideline Release (IGR) announces that for calendar year 2024, there is a 3.4% increase in maximum valuation for parcels qualifying for land of low value foreclosure procedure to a new maximum of $27,315.

IGR 2024-04 Affordable Housing Property Tax Exemption  

Division of Local Services

This Informational Guideline Release (IGR) informs local officials about a new local option affordable housing property tax exemption. It also explains local standards and procedures that may be adopted relative to the exemption.

IGR 2024-03 Land Of Low Value Post Affidavit Process and Deeds In Lieu Of Foreclosure  

Division of Local Services

This Informational Guideline Release (IGR) informs local officials of the administrative foreclosure process following the receipt of a Commissioner of Revenue’s affidavit pursuant to a Land of Low Value tax title foreclosure application and how communities may accept title from the owners of properties on which there are municipal liens as an alternative to tax taking and foreclosure proceedings.

IGR 2024-02 Smart Growth School Cost Reimbursements  

Division of Local Services

This IGR explains the reporting procedures communities with smart growth zoning districts must follow in order to receive an annual state reimbursement, which covers additional school costs resulting from an increased number of public school students living in developments within the zoning districts.