Why would an owner receive more than one supplemental tax bill?
In some cases a taxpayer might receive two supplemental tax bills, depending on the date the reassessment occurred. If a supplemental event occurs on or between June 1 and December 31, there will be only one supplemental Bill (or refund). That bill is for the current fiscal year during which the supplemental event took place. If a supplemental event occurs on or between January 1 and May 31, it will generate two bills (or refunds). The first bill is for the current fiscal year during which the supplemental event took place. The second bill is for the upcoming fiscal year. The second bill is generated because the main roll for the upcoming fiscal year, with its January 1 Lien Date, does not reflect the change in value generated by the January 1 through May 31 event. You can also receive multiple supplemental bills in situations where a series of supplemental events take place over time. For example, you complete a pool in March; this generates two supplemental bills. Then in April, a ga
It is true that in some cases you might receive two (or more) supplemental tax bills, depending on the date the ownership change or completion of new construction occurred. If a supplemental event occurs on or between June 1 and December 31, there will be only one supplemental Bill (or refund). That bill is ‘supplemental’ to the current fiscal year during which the supplemental event took place. If a supplemental event occurs on or between January 1 and May 31, it will generate two bills (or refunds). The first bill is supplemental to the current fiscal year during which the supplemental event took place, and the second bill is supplemental to the coming fiscal year. The second bill is generated because the main roll, January 1 Lien Date assessment created for the coming fiscal year does not reflect the change in value generated by that event, but must also to be adjusted to reflect the difference as well. You can also receive multiple supplemental bills in situations where a series of
It is true that in some cases you might receive two (or more) supplemental tax bills, depending on the date the ownership change or completion of new construction occurred. If a supplemental event occurs on or between June 1 and December 31, there will be only one supplemental Bill (or refund). That bill is supplemental to the current fiscal year during which the supplemental event took place. If a supplemental event occurs on or between January 1 and May 31, it will generate two bills (or refunds). The first bill is supplemental to the current fiscal year during which the supplemental event took place, and the second bill is supplemental to the coming fiscal year. The second bill is generated because the January 1 Lien Date assessment created for the coming fiscal year does not reflect the change in value generated by that event, but must also to be adjusted to reflect the difference as well. You can also receive multiple supplemental bills in situations where a series of supplemental
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- Why would an owner receive more than one supplemental tax bill?
