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Division of Municipal Finance makes FY18 Property Tax Cap available

The R.I. Division of Municipal Finance has issued its Fiscal Year 2018 Property Tax Cap Report summarizing compliance with the state property tax levy cap of 4 percent, now in its 11th year.

The Fiscal Year 2018 Property Tax Cap Report, now available on the division website, www.municipalfinance.ri.gov, provides certified municipal tax levies for FY2017 and FY2018.

The Division of Municipal Finance issues the annual report as part of its mission to provide guidance to municipalities in achieving and maintaining fiscal stability and in complying with state law.

The division serves as a conduit for information and education for taxpayers, government officials and the public. The division's website serves as a comprehensive resource for people to research contracts by municipality, review legislation affecting cities and towns, review local tax rates and median income, and find links to municipal audits, websites and charters.

For questions or comments on the Property Tax Cap Report, contact: Susanne Greschner, chief of the division, using the following link: http://www.municipalfinance.ri.gov/feedback/

Or: Paul Grimaldi, chief of information and public relations at the R.I. Department of Revenue (401) 574-8766 or paul.grimaldi@revenue.ri.gov.

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