| Beginning with fiscal year 2003-04, a town or a plantation in |
the commission's jurisdiction that elects not to administer land |
use controls at the local level but receives commission services, |
including planning, permitting and ensuring compliance, must be |
assessed a fee equal to .0l% of the most recent equalized state |
valuation established by the State Tax Assessor for that town or |
plantation. The State Tax Assessor shall issue a warrant to each |
such town or plantation no later than March 1st of each year. |
The warrant is payable on demand. Interest charges on unpaid |
fees begin on May 1st June 30th of each year and are compounded |
monthly at the interest rate for unpaid property tax as |
established by the State Tax Assessor for the unorganized |
territory. For any assessment that remains unpaid as of |
September 1st of the year in which it is due, state revenue |
sharing to that town or plantation must be reduced by an amount |
equal to any unpaid warrant amount |
plus any accrued interest, |