©BRIGHTSTARS EXAM SOLUTIONS
11/16/2024 10:16 AM
MCTA Collector Exam Questions With
Correct Answers
Tax Taking Fees - answer✔Preparing Notice of Taking - $10
Posting Notice of Taking - $5
Preparing Inst. of Taking - $10
Recording Inst. of Taking - $105
Advertisment - Actual Cost
Motor Vehicle Excise Values - answer✔Preceding Year of Manufacturing - 50%
Year of Manufacturing - 90%
2nd Year - 60%
3rd Year - 40%
4th Year - 25%
5th Year - 10%
Tax Bills Must Include - answer✔Assessment Date & Year
Taxpayer Information
Property ID
Valuation Information
Special Assessment Information
Tax Rate Information
Payment Information
Payment Instruction
1|Page
, ©BRIGHTSTARS EXAM SOLUTIONS
11/16/2024 10:16 AM
Statement of Overdue Taxes (Actual Bill)
Commitment Lists & Warrants Must Include - answer✔Name(s) of Assessed Owners
Mailing Address
Description of Property
Location of Property
Valuation
Tax
Betterment's, Liens, & CPA Tax
Deferred Taxes Qualifications - answer✔65 years old
Resided in Massachusetts for 10 years
Owned & Occupied the Property for 5 years
Limited to 50% of value of assessed property
Chapter 61 Assessment - answer✔Forest Land - 5% full cash value
Chapter 61A Assessment - answer✔Agricultural Land - not assessed and full & fair
Subject to rollback tax for 5 year period when withdrawn from 61A
Chapter 61B Assessment - answer✔Recreation - 25% of fair cash value
Subject to Rollback tax
Tax Collector Laws & Responsibilties - answer✔MGL Ch. 60
Who sets the minimum amount for a performance bond? - answer✔Commissioner of Revenue
Who sets an elected Collector's salary? - answer✔Town Meeting
How often must a Collector turnover receipts to Treasurer? - answer✔At least weekly
How do elected Collectors become appointed? - answer✔Majority vote at Town Meeting and
Election
Assistant Collector's performance bond - answer✔25% of Collector's bond
Who approves forms used in the collection of taxes? - answer✔Commissioner of Revenue
2|Page
11/16/2024 10:16 AM
MCTA Collector Exam Questions With
Correct Answers
Tax Taking Fees - answer✔Preparing Notice of Taking - $10
Posting Notice of Taking - $5
Preparing Inst. of Taking - $10
Recording Inst. of Taking - $105
Advertisment - Actual Cost
Motor Vehicle Excise Values - answer✔Preceding Year of Manufacturing - 50%
Year of Manufacturing - 90%
2nd Year - 60%
3rd Year - 40%
4th Year - 25%
5th Year - 10%
Tax Bills Must Include - answer✔Assessment Date & Year
Taxpayer Information
Property ID
Valuation Information
Special Assessment Information
Tax Rate Information
Payment Information
Payment Instruction
1|Page
, ©BRIGHTSTARS EXAM SOLUTIONS
11/16/2024 10:16 AM
Statement of Overdue Taxes (Actual Bill)
Commitment Lists & Warrants Must Include - answer✔Name(s) of Assessed Owners
Mailing Address
Description of Property
Location of Property
Valuation
Tax
Betterment's, Liens, & CPA Tax
Deferred Taxes Qualifications - answer✔65 years old
Resided in Massachusetts for 10 years
Owned & Occupied the Property for 5 years
Limited to 50% of value of assessed property
Chapter 61 Assessment - answer✔Forest Land - 5% full cash value
Chapter 61A Assessment - answer✔Agricultural Land - not assessed and full & fair
Subject to rollback tax for 5 year period when withdrawn from 61A
Chapter 61B Assessment - answer✔Recreation - 25% of fair cash value
Subject to Rollback tax
Tax Collector Laws & Responsibilties - answer✔MGL Ch. 60
Who sets the minimum amount for a performance bond? - answer✔Commissioner of Revenue
Who sets an elected Collector's salary? - answer✔Town Meeting
How often must a Collector turnover receipts to Treasurer? - answer✔At least weekly
How do elected Collectors become appointed? - answer✔Majority vote at Town Meeting and
Election
Assistant Collector's performance bond - answer✔25% of Collector's bond
Who approves forms used in the collection of taxes? - answer✔Commissioner of Revenue
2|Page
