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1992-1998-FISCAL AUDITS
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1992-1998-FISCAL AUDITS
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February 1996: <br /> Third quarter tax bills are due. All bills paid after this date are charged <br /> interest at the rate of 14% from the due date. <br /> May 1996: <br /> Fourth quarter tax bills are due. All bills paid after this date are <br /> charged interest at the rate of 14% from the due date. <br /> Fourteen days after the due date for the fourth quarter tax bill for real estate <br /> and notice may be sent to the delinquent <br /> taxes, a dem y nq nt taxpayer. Fourteen <br /> days after the demand notice has been sent, the tax collector may proceed <br /> to file a lien against the delinquent taxpayers' pro ert . <br /> i <br /> Taxes receivable at June 30, 1996 consist of the following (in thousands): <br /> Real Estate <br /> 1996 $ 713 <br /> 1995 194 <br /> 1994 26 <br /> 933 <br /> Personal Property j <br /> 1996 <br /> 50 <br /> i <br /> I <br /> i <br /> 1995 30 <br /> 1994 23 <br /> Prior 37 <br /> 140 <br /> Tax Liens 3,132 <br /> I <br /> Taxes in Litigation 8 j <br /> Tax Possessions 152 <br /> Deferred Taxes <br /> 37 <br /> Total $ 4 402 <br /> 6. Warrants and Accounts Payable <br /> Warrants payable represent 1996 expenditures paid by July 15, 1996 as <br /> permitted b law. Accounts payable represent additional 1996 expendi- <br /> tures paid after July 15, 1996. <br /> 7. Anticipation Notes Payable <br /> The Town had the following bond anticipation notes outstanding at June 30, <br /> 1996: <br /> 15 <br />
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