Guidelines, Opinions, Advisories and FAQs

This Informational Guideline Release (IGR) describes procedures and forms for reporting tax base growth and adjusting levy limits for FY2027.

This Informational Guideline Release (IGR) provides combined guidelines for annual determination of property assessments for certification and interim years, classification of property according to usage class, calculation of the minimum residential factor and allocation of the tax levy among the property classes for Fiscal Year 2027.

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.

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

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

This Informational Guideline Release (IGR) announces that for FY2027, 2.7% 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; (4) optional COLA applied to increase certain veteran exemption amounts.

This Informational Guideline Release (IGR) announces that FY2027 deductions from gross receipts for Clause 41s senior personal exemption increased by 2.8% over FY2025.

This bulletin has information on the following items: budget issues and procedures for fiscal year 2027, recent legislative changes, Coronavirus Relief Fund (CvRF) American Rescue Plan Act (ARPA) stabilization fund dedication revenue estimating revenue local receipts tax rate recap free cash appropriations enterprise fund retained earnings certification balance sheet revenue recognition chapter 90 betterment reserve FEMA borrowing purposes terms borrowing premiums surplus proceeds debt...