Notice
REVISED TAX NOTICE
TOWN OF MADISON
I HAVE RECEIVED THE WARRANT TO COLLECT THE ANNUAL TOWN TAX ON THE GRAND LIST OF OCTOBER 1, 2009.
ALL MOTOR VEHICLE TAXES ARE DUE IN FULL JULY 1, 2010. THE REAL ESTATE AND PERSONAL PROPERTY TAXES (FOR A BUSINESS) ISSUED AT THIS TIME ARE FOR THE JULY 1, 2010 INSTALLMENT ONLY. ADJUSTED BILLS WILL BE ISSUED FOR THE JANUARY 2011 INSTALLMENT WHEN THE BUDGET HAS BEEN APPROVED AND A FINAL MILL RATE IS ESTABLISHED.
All TOWN and STATE BENEFITS (including SENIOR, FIREMAN AND AFFORDABLE HOUSING) will be applied to the JANUARY 2011 Installment. These benefits are not reflected on the July 2010 installment bills because the budget has not been approved and the amounts cannot be properly calculated.
IF ANY PAYMENT DUE ON JULY 1, 2010 IS NOT MADE ON OR BEFORE AUGUST 2, 2010, THAT PAYMENT BECOMES DELINQUENT AND SUBJECT TO INTEREST OF 1 ½% PER MONTH OR FRACTION THEREOF FROM JULY 1, 2010 UNTIL PAID, SUBJECT TO A MINIMUM INTEREST CHARGE OF TWO DOLLARS.
PAYMENTS MAY BE MADE BY CASH OR CHECK AT THE TAX OFFICE, 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). A JURISDICTION CODE IS REQUIRED IN ORDER TO MAKE PAYMENTS BY CREDIT CARD; THE CODE FOR MADISON IS 1784.
ALMA D. CARROLL, CCMC
Director of Town Services
Tax Collector
To pay taxes by Credit Card
Go to: www.officialpayments.com
Click on Local Payments. Jurisdiction Code: 1784
or 1-800-2PAYTAX (800-272-9829)
Jurisdiction Code 1784
There is a convenience fee charged by Official Payments Corporation for this service.
Tax Rate
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 19.30 which will take effect July 1, 2010.
Personal property and motor vehicle taxes are computed in the same manner.
