Tower Times - Winter 2010

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The Tower Times Issue 3, Winter 2010

n City Of Stoughto

***NOTICE – City of Stoughton Tax Payers *** The City of Stoughton held a Public Hearing on October 26th, 2010 to review the proposed 2011 budget. The final tax rate for the current year will be $7.49 (City Share). A copy of the proposed budget will be available for review at City Hall and at the Stoughton Library. We continue to encourage taxpayers to make their payments through the mail with the return envelope provided.

Tax Billing:

The Treasurer’s Office will send out bills by December 20th. Tax payments can be mailed using the pre-addressed envelope provided to you with your tax bill, or made in person at Stoughton City Hall Deputy Treasurer’s Office. Please include the bottom portion of your tax bill with your payment. First installment payments are due by January 31. Please make first installment checks payable to the City of Stoughton Treasurer. Please note, NO CASH PAYMENTS will be accepted. If you normally made a cash payment in the past, you will need to either get a money order or a bank check. We are no longer able to accept cash payments for real estate and personal property tax bills. If a written receipt is needed, a selfaddressed stamped envelope must accompany the payment. Contact the Treasurer’s office if you have a question regarding your tax bill.

Lottery Tax Credits:

Did you move into your home during 2010? If you owned your home on January 1, 2010 and use it as your primary residence, you are eligible for a Lottery Credit on your property tax bill. Each year homeowners are able to claim a lottery tax credit on the first installment of their property tax bill. To be eligible for a lottery tax credit this year, you must have owned and resided in your home on January 1 of the current year. This residence also must be where you live for more than six months of the year.Vacation homes, rental homes, businesses and bare land do not qualify for this credit. If you purchased your home after January 1, there are a limited number of circumstances that will allow you to receive the credit this year. The credit amount varies by year and will not be determined until the beginning of December. For questions, to sign up for the credit or if the credit is not showing on your tax bill, please contact the City Treasurer’s office (873-6677) or the Office of the County Treasurer (266-4151). If the lottery credit is not on your tax bill, please request a “Lottery Credit Claim Form” before you pay your taxes and your bill will be reduced.


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Tower Times - Winter 2010 by City of Stoughton - Issuu