EFTA01078520.pdf

2013 Property Tax Bills to Be Issued in Coming Weeks - United Stat... http://kg.gov.vi/press-releases/2013-property-tax-bills-to-be-issued4... 303 -P (# 0.9 Q-7, 30 0 G,322,o1-5 X ,o031 x otel rote .OO13 X .012> Danty" 97,1660'51" Wednesday, September 10, 2014 Lt. Gov. Gregory R. Francis 2013 Property Tax Bills to Be Issued In Coming Weeks Home Biography For Immediate Release Contact Me August 8, 2014 Newsroom Press Releases For More Information Contact: a~los Press Release Archive Shawna K. Richards, Director of Communications god Project Website for GIS Strategic Plan 2013 Property Tax Bills to Be Issued in Coming Weeks My Responsibilities Unclaimed and Abandoned The Division of Real Property Tax will soon Issue the 2013 real property tax bills to Property Virgin Islands property owners. The 2013 bills are issued to all property owners of Consumer Assistance Program record as of January 1, 2013. Property owners are advised to review their bills carefully, as they are based on new property values which reflect the result of recent Corporations and Trademarks assessments, or revaluations, that were conducted by the Tax Assessor's Office. Banking and Insurance Tax Assessor According to Tax Assessor Ira Mills, property owners should not assume that their bills will automatically increase because of the revaluations. 'Some property owners will Tax Collector see an increase in their property tax bills while some will see a decrease,- Mills states. Geographic Information Systems Property owners are encouraged to take advantage of the early payment discount Street Addressing Initiative period, which will be offered for 30 days after the bills are issued. Recorder of Deeds There are several factors that affect each taxpayer's property tax bill, which are market Passport value, the tax rate and statutory exemptions. Exemptions, or credits, are available in the following categories: General Homestead, Veterans, Seniors, Disabled, Class 1 VI SHIP/Medicare Inheritance, Visitable Home and Tax Credit Circuit Breaker. Although taxpayers can no Board of Tax Review longer apply for credits against the 2013 or 2014 bills, they can do so in advance of the Employment Opportunities 2015 bills. Notary Public The tax rates for the 2013 property bills, as outlined In Act 6991, are: .004946 - Unimproved non-commercial real property About the USVI .003770 - Residential real property Visit America's Caribbean .007110 - Commercial real property .014070 - Timeshare real property 0095 PI J rg Governor John P. delongh Economic Development Authority Consistent with past billings, the 2013 bill will also include information on unpaid tax years. Dept. of Education Dept. Of Education Human Property owners who have not paid their 2012 or prior tax year bills are encouraged to contact the Tax Collector's Office to make arrangements for payment. Payments for Resources Division oct-c_ all past due years can be made at the following locations: Division of Personnel St. John: Islandia Building Legislature of the Virgin Islands I of 2 9/10/2014 12:20 PM EFTA01078520