Bill Based Taxes

Bill based taxes are billed on a predefined schedule. Property tax, periodic licensing fees, and metered oil/resource taxes are examples of bill-based taxes.

For bill-based taxes, the system has all of the necessary information to initiate assessments. The system creates assessments on a schedule and a single assessment exists for each billing period. If a taxpayer disputes a bill, the bill is cancelled and rebilled without creating an incremental assessment.