§ 44-35-6 — § 44-35-6. Publication of property tax rates.

§ 44-35-6. Publication of property tax rates.

At least ten (10) calendar days prior to the hearing for the purpose of adopting the town or city budget, the chief elected official in each town or city shall cause to be published a notice indicating the town's or city's intent to consider adopting a property tax levy. This notice shall be published in a newspaper of general circulation in the town or city. However, this notice may not be placed in that portion of the newspaper where legal notices and classified advertisements appear. This notice shall constitute notice of public hearing which may coincide with the hearing on the proposed budget and shall be by and in the following form:

(CITY, TOWN) of (NAME)

NOTICE OF PROPOSED PROPERTY TAX

RATE CHANGE

The (City, Town) proposes to increase (decrease) its property tax levy to __________ in the __________ budget year; the property tax levy this year is __________ , THIS IS A PROPOSED INCREASE (DECREASE) OF __________ %.

It has been estimated that the proposed increase (decrease) in property tax revenues will result in a property tax rate of $__________ (proposed property tax rate) per $1,000 assessed valuation, as compared to the current property tax rate of $__________ per $1,000 assessed valuation.

A property tax rate of $__________ (adjusted current property tax rate) would be needed in the coming budget year to raise five and one-half percent (5.5%) more, as an adjustment for increased costs, than the property tax revenues being raised in the current budget year.

The (City, Town) budget __________ will be considered at (date, time, place).

The above property tax estimates have been computed in a manner approved by the Rhode Island Department of Revenue.

Chief Elected Official
(Town, or City)

Legislative History

P.L. 1979, ch. 298, § 1; P.L. 1985, ch. 182, § 9; P.L. 1986, ch. 198, § 51; P.L. 2006, ch. 253, § 2; P.L. 2008, ch. 98, § 52; P.L. 2008, ch. 145, § 52.