
TAX NOTICE
TOWN OF MADISON
The second installment of taxes on the grand list of October 1, 2010 is due January 1, 2012.
Also due January 1, 2012, is full payment of motor vehicle taxes on the supplemental list to the Grand List of October 1, 2010.
If any payment due January 1, 2012 is not made by February 1, 2012, said payment becomes delinquent and subject to interest of 1½ % per month or fraction thereof from January 1, 2012 until paid, subject to a minimum interest charge of two dollars.
Payments may be made by cash or check at the Office of the Tax Collector, 8 Campus Drive, from 8:30 AM TO 4:00 PM, Monday through Friday, except holidays, or by mail to Tax Collector, P O Box 587, Madison, CT 06443-0587.
To pay taxes by CREDIT CARD, please go to www.officialpayments.com and click on Local Payments or call 1-800-2PAY TAX (800-272-9829). The Jurisdiction Code for Madison is 1784 and you will need your list number(s) i.e.2010010001234 or 2010MS0001234. There is a convenience fee charged by Official Payments Corporation for this service.
Alma D. Carroll, CCMC
Tax Collector
Director of Town Services
Each year, within 5 days after adoption of the annual budget, the Board of Finance must set a tax rate which will yield enough money to pay for all the town's operating expenses, plus that portion of its capital needs to be met from direct taxation, as well as its current debt service. A mill rate of one mill means that taxpayers are taxed at a rate of $1 on every $1,000 of assessed taxable property. Thus, a 22.28 mill rate means that a person with a house and lot assessed at $100,000 will pay $2,228.00 annually in real property taxes; another assessed at $500,000 will pay $11,140.00 annually. The current mill rate for the town is 19.43 which will take effect July 1, 2011. Personal property and motor vehicle taxes are computed in the same manner.