(a)  “Adjusted current property tax rate” means the estimated property tax rate that would be necessary in the next fiscal year to raise the maximum levy authorized by § 44-5-2 of the general laws.

Terms Used In Rhode Island General Laws 44-35-3

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9

(b)  “Chief elected official” means the highest locally elected official in each town or city.

(c)  “Proposed property tax rate” means the estimated property tax rate that is proposed by a town or city to support its operating budget for the town’s or city’s next fiscal year.

History of Section.
P.L. 1979, ch. 298, § 1; P.L. 1985, ch. 182, § 9; P.L. 2006, ch. 253, § 2.