Thread: ABCC On Fire
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Old 04-16-2009, 04:11 PM   #81
Slickcraft
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Quote:
Originally Posted by fatlazyless View Post
...looking for an informed answer from a real estate person.....will the owners of the 35 burnt cottages be required to pay their property taxes in full through either June 30, or December 31, 2009, for tax year 2009, as was mentioned in the April 15 www.citizen.com?

The article mentioned that since the destructive fire occurred after April 1, that this may be the case. Would like to hear more on this from the Alton town assessor?
I offer two facts but no speculation:

1. By state law property assessments for tax purposes are as of April 1st (one reason why a lot of new construction starts in earnest after April 1st).

2. The Selectmen have to authority to abate taxes in part or in whole for just cause (after the tornado timber tax was abated for tornado damaged lots).
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