Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do the overlying taxation jurisdictions share in the Conversion Charge?

0
Posted

Do the overlying taxation jurisdictions share in the Conversion Charge?

0

No. The statutes provide for a 50/50 split of the Conversion Charge between the county and the taxation district (town, village or city). The taxation district’s portion is split between communities in the event of an annexation (this should be coordinated by the gaining community).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123