What is Longmeadow’s fiscal year?

This is the period from July 1 through June 30. Fiscal year 2022 began on July 1, 2021 and ends June 30, 2022. (Fiscal 2023 will begin on July 1, 2022.) The effective date of value for real and personal property is January 1 of the calendar year prior to the fiscal year. For fiscal 2022, January 1, 2021 is the date of value. Consequently, sales of property in calendar year 2020 are used to analyze sales. Real and personal property bills are issued on a fiscal year basis while motor vehicle excise bills are issued on the basis of the normal calendar year.

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1. What are property taxes?
2. When and how is property valued?
3. Who are the Assessors?
4. When and where does the board meet?
5. What are the Assessors’ responsibilities?
6. Why is the previous owner’s name (seller/grantor) on the real estate tax bill when I am the “new” owner?
7. How can I reduce my property tax bill? / What is an abatement? / Are there other ways to lower my taxes?
8. What is Market value?
9. What is Longmeadow’s fiscal year?
10. When are changes to the improvements applied to the property value as compared to changes in value due to market conditions?
11. What is real property?
12. What is real estate?
13. What is personal property?
14. How is the property tax rate calculated?
15. What is Proposition 2½?
16. What do I need to know about motor vehicle excise?
17. Questions or Comments