SB2288 Summary

• Moves preliminary budget statement deadlines from September to August 10 for municipalities and school districts.

• Requires county treasurers to mail consolidated taxpayer notices by August 31 showing estimated property tax levies, budget hearing dates, and comparison of current versus prior year taxes for properties with estimated taxes of at least $100.

• Shifts state board of equalization annual meeting from August to July and adjusts various reporting deadlines for railroad and utility companies accordingly (filing deadlines moved earlier in the year).

• Requires taxing districts to provide budget hearing information to county auditors by August 10; districts failing to do so may not impose property tax levies exceeding the prior year amount.

• Effective for taxable years beginning after December 31, 2017; repeals prior notice of levy increase and public hearing requirements.