1.    On or before August tenth of each year the governing body of a taxing district shall provide to the county auditor in each county in which the taxing district has taxable property a preliminary budget statement and the date, time, and location of the taxing district’s public hearing on its property tax levy, which may be no earlier than September seventh. A taxing district that fails to provide the information required under this subsection on or before August tenth may not impose a property tax levy in a greater amount of dollars than was imposed by the taxing district in the prior year.

2.    By August thirty-first of each year the county treasurer shall provide a written notice to the owner of each parcel of taxable property with a total estimated property tax of at least one hundred dollars. The text of the notice must contain:

a.    The date, time, and location of the public budget hearing for each of the taxing districts in which the property owner’s parcel is located, which anticipate levying in excess of one hundred thousand dollars in the current year, and the location at which the taxing district’s budget is available for review; b.    The true and full value of the property based on the best information available; c.    A column showing the actual property tax levy in dollars against the parcel by the taxing district that levied taxes against the parcel in the immediately preceding taxable year and a column showing the estimated property tax levy in dollars against the parcel by the taxing district levying tax in the taxable year for which     the notice applies based on the preliminary budget statements of all taxing jurisdictions; d.    A column indicating the difference between the taxing district’s total levy from the previous year and the taxing district’s estimated levy with the word “INCREASE” printed in boldface type if the proposed tax levy is larger in dollars than the levy in dollars in the previous year; e.    Information identifying the estimated property tax savings that will be provided pursuant to section 57-20-07.1 based on the best information available; f.    A statement that there will be an opportunity for citizens to present oral or written comments regarding each taxing district’s property tax levy; and

g.    The actual amount of the special assessment installment payable against the parcel in the immediately preceding taxable year.

3.    Delivery of written notice under this section must be by personal delivery to the property owner, mail addressed to the property owner at the property owner’s last-known address, or electronic mail to the property owner directed with verification of receipt to an electronic mail address at which the property owner has consented to receive notice. If a parcel of taxable property is owned by more than one owner, notice must be sent to only one owner of the property. Failure of an owner to receive a notice under this section will not relieve the owner of property tax liability or modify the qualifying date under section 57-20-09 for which an owner may receive a discount for early payment of tax.

4.    The tax commissioner shall prescribe suitable forms for written notices under this section.

5.    The direct cost of providing taxpayer notices under this section may be allocated in a manner proportionate to the number of notices mailed on behalf of each taxing district that intends to levy in excess of one hundred thousand dollars in property taxes in the current year.