Hansen memo to Thomas Budget Issues

Home Browse Search

• 0 Truth-in-Taxation and Levy Limit Schedule For taxes levied in 2002, Payable in 2003 On or before Aug. 1,2002. Dept. of Revenue notifies cities of LGA amounts. On or before Aug.20,2002. The county auditor notifies the clerk of each city over 500 population within the county of the dates selected by the school district for holding its initial public hearing and continuation hearing. On or before Sept. 1 (effectively on Dept. of Revenue certifies the payable 2003 overall levy or before Sept.2,2002). limitation to each city over 2,500 population. On or before Sept. 13,2002. Each city over 500 population certifies to the county auditor the dates that it has selected for its public hearing and for the continuation of its hearing, if a continuation of its hearing becomes necessary. If not certified by this date,the county auditor will assign the hearing dates. On or before Sept.30,2002. Cities over 2,500 population(levy limit cities)notify the III Dept. of Revenue of their"special levy"claims for payable 2003 on PT Form 280. On or before Sept. 13,2002. Each city adopts a proposed budget for payable 2003 and certifies it's proposed property tax levy for payable 2003 to the county auditor. No cities are exempt from this requirement. Note: a city of 500 population or less may notify the county auditor at the time that it certifies its proposed property tax levy for taxes payable in 2003 that its proposed levy is also its final levy,in which case no further certification to the county auditor is required. After Nov.10,2002 and on or before The county auditor prepares and the county treasurer delivers Nov.22,2002. a parcel specific notice of proposed property taxes by first class mail to each property owner at the address listed on the county's assessment roll for the taxes payable year 2003. lbGuidelines for Preparing City Budgets 2003 29