City officials say property tax statements are not correct

NEW CASTLE -- City officials are notifying property owners that tax statements for 2006 recently mailed by the treasurer's office are incorrect.
Officials said new city tax bills will be mailed within the next week and have the word "revised" on them.
People who already have paid their taxes will be refunded any overpayments within 30 days.
Property owners who have not yet paid their taxes are asked to wait until they receive the revised tax statements before forwarding their payments to the city.
Essentially, the initial tax statements were calculated at a higher rate than they should have been.
The original bills were based on a 2-mill increase that the mayor had proposed when he introduced the 2006 budget to city council in November.
But in December council adopted a budget with a tax increase of 1.5 mills. The revised statements reflect the 1.5-mill increase.
The city uses a two-tier tax system -- one millage for land and one for buildings. The tax adopted by council is 23.5 mills on land and 6.644 mills on buildings.

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