The Treasurer receives all funds paid to the town and disburses all funds for payroll and accounts payables. The Treasurer maintains the Town's financial records in accordance with generally accepted accounting principles. The Treasurer is also the Tax Collector and has primary responsibility for the issuance of and collection of tax bills.
The Treasurer is responsible for managing the Town finances, which includes:
- Receiving tax and other payments, deposits, bank accounts, investments, and banking relationships
- As Tax Collector, manages the tax bill issuance, receipt of tax payments and tax collection process
- Disbursement of funds and preparation of payroll and accounts payable warrants for the Board of Selectmen
- Processing and managing accounts receivable
- Reconciliation of bank statements with oversight of the Town Manager
- Accounting and both internal and external financial reporting
- Debt issuance and debt management
- Oversight of the budget
- Working with the Town auditor and the issuance of annual audited financial statements
Property Tax Information
- The Town of Ogunquit operates on a fiscal year basis: July 1 through June 30.
- Taxes are raised at the Annual Town Meeting by the voters.
- Taxes are assessed to the owner of record as of April 1.
- Taxes are due in two installments, November 15 and the following May 15.
- Tax bills may be viewed and printed from the Town website.
- Tax payments may be made in person at the Town Offices, by mail, or online at the Town's website.
- Taxpayers whose mortgage holder escrows their taxes should forward their tax information to the mortgage company for direct payment to the Town.
- The tax rate is subject to change annually and is based upon the amount of taxes to be raised and the taxable valuation of the Town.
- The assessed value of a property is subject to updating each year due to changes in the property itself and / or changes in market values.
- Tax payments are applied to any penalties or fees due, then interest due, and then the tax principal.
- Ogunquit has a policy of applying payments to the oldest outstanding taxes due.
- If the property is sold after April 1, the assessed owner should forward the new tax bill to the new owner. The new owner may request a copy of the tax bill if it is not received from the assessed previous owner.
- The tax bills issued will remain in the assessed owner's name until the taxes are paid in full, irrespective of a change in owners. Unpaid taxes will be subject to a lien in the name of the assessed owner.
- Address changes should be forwarded to the Tax Assessor, as well as the Treasurer.
Tax Lien and Discharge Information
- Unpaid real estate taxes are subject to a lien which will be filed at the York County Registry of Deeds.
- Tax Collector's Notice, Lien Claim, and Demand (36 M.R.S.A. § 942) are sent between 8 and 12 months from the date of the tax commitment.
- If the taxes are paid within the 30-day demand period no further action is taken.
- At the end of the 30-day demand period, if the taxes remain unpaid, a lien is filed on the property.
- If the taxes are paid within 18 months of the lien filing date, the Town will discharge the lien at the Registry of Deeds.
- If the taxes remain unpaid are 18 months from the lien filing date, the lien will mature into an automatic foreclosure and the town can take and dispose of the property.