What is the deadline for promulgation date each year?

Prepare for the New Jersey CTA Exam with study guides and practice tests. Utilize flashcards and multiple choice questions with detailed explanations to enhance your understanding. Gear up for success!

The deadline for the promulgation date each year is established as before October 1st. This date is significant as it aligns with the timeline for the reassessment process and the preparation of property tax lists. By having this deadline in place, local taxing authorities are provided with the necessary timeframe to ensure that property values are reviewed and adjusted based on the most recent data available. This promotes accuracy and fairness in property tax assessments, allowing taxpayers to have clear and confident assessments prior to the end of the fiscal year.

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