WILLIAM DONALD SCHAEFER, Governor Ch. 12

(1) placing an advertisement that satisfies the Department and meets the
requirements of this section in a newspaper of general circulation in the jurisdiction of
the taxing authority; or

(2) mailing a notice that meets the requirements of this section to each
property taxpayer who resides in the jurisdiction.

(d) (1) The advertisement shall be at least 1/4 of a page in size for counties
and 1/8 of a page in size for municipal corporations.

(2) The type that is used in the advertisement shall be:
(j) at least 18 point for counties; and

(ii) at least 12 point [with all letters capitalized] for municipal
corporations.

(3) The advertisement may not be placed with legal notices or classified
advertisements.

(4) THE HEADLINE FOR THE ADVERTISEMENT SHALL BE IN
BOLD PRINT, WITH ALL LETTERS CAPITALIZED.

(5} THE TEXT OF THE ADVERTISEMENT, OTHER THAN THE
HEADLINE, SHALL BE IN UPPER AND LOWER CASE LETTERS.

(e) The notice OR ADVERTISEMENT shall [state] BE IN THE
FOLLOWING FORM:

"........ (NAME OF JURISDICTION) NOTICE

OF A PROPOSED
PROPERTY TAX INCREASE

THE...... (NAME OF TAXING AUTHORITY) OF...... (NAME OF

JURISDICTION) PROPOSES TO INCREASE PROPERTY TAXES.

1. FOR THE TAX YEAR BEGINNING JULY 1........ THE ESTIMATED

ASSESSABLE BASE WILL INCREASE BY..... %, FROM $...... TO $.......

2. IF...... (NAME OF JURISDICTION) MAINTAINS THE CURRENT TAX

RATE OF $...... PER $100 OF ASSESSMENT, PROPERTY TAX REVENUES WILL

INCREASE BY...... % RESULTING IN $...... OF NEW PROPERTY TAX

REVENUES.

3. IN ORDER TO FULLY OFFSET THE EFFECT OF INCREASING
ASSESSMENTS, THE PROPERTY TAX RATE SHOULD BE REDUCED TO $......,

THE CONSTANT YIELD TAX RATE.

4. THE...... (COUNTY. CITY, TOWN, ETC. ) IS CONSIDERING NOT

REDUCING ITS PROPERTY TAX RATE ENOUGH TO FULLY OFFSET
INCREASING ASSESSMENTS. THE...... (COUNTY, CITY, TOWN. ETC. )

PROPOSES TO ADOPT A TAX RATE OF $...... PER $100 OF ASSESSMENT. THIS

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