Quote:
Originally Posted by Rattlesnake Guy
pro·rate (pr  -r  t  , pr r t  ) v. pro·rat·ed, pro·rat·ing, pro·rates
v.tr. To divide, distribute, or assess proportionately.
v.intr. To settle affairs on the basis of proportional distribution.
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This assumes that is how Alton does their tax assessments. It seems it depends on the municipality as most small towns probably don't have the resources to get a site assessment and then update the appraisal value on a real-time basis. If you do it for one, you have to do it for all.
Another issue is the Town can not pro-rate their annual budget in the middle of the fiscal cycle.