First Dollar Credit

The First Dollar Credit was new with tax year 2008. Unlike the lottery credit, property owners who are eligible will receive the credit on their bill automatically without any forms to sign or applications to submit. To be eligible, the property (otherwise known as the "parcel") must have an improvement. If you have an amount listed in the box labeled "Ass'd Value Improvements" in the upper left part of your tax bill, you qualify for the credit. The amount of the credit will be the same for all parcels within the same school district as long as the value of the improvements meets a small threshold amount. The credit is divided among the four installments.

Do you have a question that was not answered? Please call the City Treasurer's Office at (608) 266-4771.