Why is the total due on my preliminary tax bill different from the total due on my actual tax bill?

The preliminary tax bill, containing 1st and 2nd quarter amounts due, is an estimated bill based on either half of your net tax of the preceding tax year or, if your value has changed, the half of the calculation of your new value multiplied by the tax rate of the preceding tax year. The actual tax bill, containing 3rd and 4th quarter amounts due, is the balance due as a result of the tax calculated by multiplying the new value by the new tax rate minus all payments received on the preliminary tax and any abatements or exemptions. Sewer liens or betterments are included on the actual tax bill.

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1. Is the tax year, or fiscal year, the same as a calendar year?
2. When can I expect to receive my property tax bill?
3. What should I do if I do not receive my property tax bill?
4. What are my responsibilities as a new property owner?
5. What should I do if I misplaced by tax bill?
6. Why is the total due on my preliminary tax bill different from the total due on my actual tax bill?
7. What happens if I do not pay my property tax bill?
8. If I mail my payment, how can I be sure that my payment is recorded as paid on time?
9. How can I find out how much I paid in property taxes and excise taxes in a calendar year for income tax purposes?
10. Who do I contact if I have questions about my property tax payment?