Form CNC-3 "Certification of New Construction/Improvements/ Partial Assessments" - New Jersey

What Is Form CNC-3?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on August 1, 2015;
  • The latest edition provided by the New Jersey Department of the Treasury;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form CNC-3 by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.

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Download Form CNC-3 "Certification of New Construction/Improvements/ Partial Assessments" - New Jersey

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Form CNC-3 Fire District
(Rev. 8/2015)
CERTIFICATION OF NEW CONSTRUCTION/IMPROVEMENTS/
PARTIAL ASSESSMENTS
(N.J.S.A. 40A:4-45.44 et seq.)
Municipality: ________________________________
County: _________________________________
Fire District Code: ____________________________
Total Number of Fire Districts: _____________
File Form CNC-3 by October 25 of the Current Tax Year for All Fire Districts in the Municipality
N.J.S.A. 40A:4-45.44 et seq. provides for a statutory exception to the budget cap imposed on fire districts. It
uses, in part, the revenue generated by new construction and improvements in a fire district which were not
reflected in the prior year’s Tax List.
ASSESSOR: ENTER DATA ON LINES 1 THROUGH 2C, SIGN AND DATE THE FORM,
THEN IMMEDIATELY FORWARD FORM CNC-3 TO THE TAX COLLECTOR FOR
COMPLETION. SEE REVERSE SIDE.
1. For reference only: Provide the aggregate
assessed value for the fire district as filed on the
current Tax Year’s January 10th Tax List. This is the
$_________________________ (1)
fire district value as of October 1st of the pre-tax year
before Added Assessments.
2. Provide the total valuation (not prorated) of new
construction and improvements from the Added
$_________________________(2a)
Assessment List filed on October 1st of the current tax
year (Line 2a) minus the total valuation of any Added
Assessment tax appeal reductions from the prior tax
year (Line 2b) for the adjusted total valuation of new
$_________________________(2b)
construction and improvements (Line 2c). Do not
include Omitted Added Assessments, prior year
Added
Assessments,
Omitted
Assessments,
or
=
property transferred from the Exempt List to the Tax
$_________________________(2c)
Assessment List, or any land, whether subdivided or
not on Line 2a
__________________________________
_________
Assessor Signature
Date
TAX COLLECTOR
3. Provide the Fire District Tax Rate from the current
__________________________ (3)
tax year (expressed as a decimal, $ per hundred).
4. Amount of permitted revenue increase =
$_________________________ (4)
Line 2c * Line 3
(N.J.S.A. 40A:4-45.45)
__________________________________
_________
Tax Collector Signature
Date
THE DIRECTOR OF THE DIVISION OF TAXATION HAS PROMULGATED FORM CNC-3. THIS FORM MAY BE REPRODUCED FOR DISTRIBUTION
BUT CANNOT BE ALTERED OR AMENDED WITHOUT PRIOR APPROVAL.
Form CNC-3 Fire District
(Rev. 8/2015)
CERTIFICATION OF NEW CONSTRUCTION/IMPROVEMENTS/
PARTIAL ASSESSMENTS
(N.J.S.A. 40A:4-45.44 et seq.)
Municipality: ________________________________
County: _________________________________
Fire District Code: ____________________________
Total Number of Fire Districts: _____________
File Form CNC-3 by October 25 of the Current Tax Year for All Fire Districts in the Municipality
N.J.S.A. 40A:4-45.44 et seq. provides for a statutory exception to the budget cap imposed on fire districts. It
uses, in part, the revenue generated by new construction and improvements in a fire district which were not
reflected in the prior year’s Tax List.
ASSESSOR: ENTER DATA ON LINES 1 THROUGH 2C, SIGN AND DATE THE FORM,
THEN IMMEDIATELY FORWARD FORM CNC-3 TO THE TAX COLLECTOR FOR
COMPLETION. SEE REVERSE SIDE.
1. For reference only: Provide the aggregate
assessed value for the fire district as filed on the
current Tax Year’s January 10th Tax List. This is the
$_________________________ (1)
fire district value as of October 1st of the pre-tax year
before Added Assessments.
2. Provide the total valuation (not prorated) of new
construction and improvements from the Added
$_________________________(2a)
Assessment List filed on October 1st of the current tax
year (Line 2a) minus the total valuation of any Added
Assessment tax appeal reductions from the prior tax
year (Line 2b) for the adjusted total valuation of new
$_________________________(2b)
construction and improvements (Line 2c). Do not
include Omitted Added Assessments, prior year
Added
Assessments,
Omitted
Assessments,
or
=
property transferred from the Exempt List to the Tax
$_________________________(2c)
Assessment List, or any land, whether subdivided or
not on Line 2a
__________________________________
_________
Assessor Signature
Date
TAX COLLECTOR
3. Provide the Fire District Tax Rate from the current
__________________________ (3)
tax year (expressed as a decimal, $ per hundred).
4. Amount of permitted revenue increase =
$_________________________ (4)
Line 2c * Line 3
(N.J.S.A. 40A:4-45.45)
__________________________________
_________
Tax Collector Signature
Date
THE DIRECTOR OF THE DIVISION OF TAXATION HAS PROMULGATED FORM CNC-3. THIS FORM MAY BE REPRODUCED FOR DISTRIBUTION
BUT CANNOT BE ALTERED OR AMENDED WITHOUT PRIOR APPROVAL.
Form CNC-3 Fire District
(Rev. 8/2015)
FILING AND DISPOSITION OF CNC-3 FORMS
1. For each FIRE DISTRICT IN THE MUNICIPALITY, the assessor completes Lines 1 through 2c,
provides date and signature, then immediately forwards the CNC-3 form to the tax collector for
completion of lines 3 and 4. The tax collector then provides date and signature of each CNC-3 Fire
District Certification by October 25 of the tax year. If there are no added assessments, partial
assessments, or new construction to report, the assessor and collector are still required to file this form
entering the word “NONE” across the front of the form and providing dates and signatures to the form.
2. The assessor maintains one copy of each CNC-3 Fire District form, and forwards the original to the tax
collector for completion. The tax collector forwards one copy to the board of commissioners of the
designated fire district (contact information is available from the municipal clerk or chief financial
officer), and one copy of each fire district form to the Director, Division of Local Government
Services, PO Box 803, Trenton, NJ 08625-0803 by November 1 of the current Tax Year.
EXPLANATION AND EXAMPLE
N.J.S.A. 40A:4-45.45 provides that the fire district budget may not exceed the sum of: 1) new ratables; 2) the
adjusted tax levy; and 3) the total waivers approved via referendum pursuant to N.J.S.A. 40A:4-45.46.
N.J.S.A. 40A:4-45.44 defines “new ratables” as “the product of the taxable value of any new construction or
improvements times the tax rate of a local unit for its previous tax year.”
This form is used to determine the value of new ratables for a fire district so the levy cap for the next tax year
may be calculated pursuant to N.J.S.A. 40A:4-45.45. As “new ratables” is defined as “new construction or
improvements,” only Added Assessments are used on this form. As such, Omitted Assessments, Omitted
Added Assessments, prior-year Added Assessments, property transferred from the Exempt List to the Tax
Assessment List, and any land, whether subdivided or not, should not be included in the total valuation on
Line 2a. Because this form is submitted to the Division of Local Government Services before the disposition
of Added Assessment Appeal hearings, any reduction in value to the Added Assessments from the current Tax
Year will not be reflected in calculating the levy cap for the next cap year. Instead, the prior Tax Year’s
reductions in Added Assessments from appeals are put on Line 2b and subtracted from the current Tax Year’s
total valuation of Added Assessments, resulting in an adjusted total valuation of new construction and
improvements on line 2c.
EXAMPLE:
In 2015, Splinterville Borough’s sole fire district has an aggregate assessed value of $406,553,735. The fire
district’s total valuation of Added Assessments for 2015 is $606,456, and the reduction to Added Assessments
due to appeals in 2014 was $66,156. The 2015 Fire District Tax Rate is .961 per $100 of value.
Line 1 of the CNC-3 would have the 2015 aggregate assessed value of $406,553,735.
Line 2a of the CNC-3 would have the total valuation of Added Assessments for 2015, $606,456.
Line 2b of the CNC-3 would have the 2014 reduction to Added Assessments due to appeals, $66,156.
Line 2c of the CNC-3 would have the difference of Line 2b subtracted from Line 2a, which equals $540,300.
Line 3 of the CNC-3 would have the 2015 Tax Rate of .961 per $100 of value expressed as a decimal, .00961.
Line 4 of the CNC-3 would have the amount from Line 2c, $540,300, multiplied by Line 3, .00961, equaling
$5,192.28 as the amount of permitted revenue increase for the 2016 fire district budget.
THE DIRECTOR OF THE DIVISION OF TAXATION HAS PROMULGATED FORM CNC-3. THIS FORM MAY BE REPRODUCED FOR DISTRIBUTION
BUT CANNOT BE ALTERED OR AMENDED WITHOUT PRIOR APPROVAL.
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