1. Draw a time line for the period January 1 through December 31 . Indicate what events occur on January 1, March 1, April 1, November 1, and December 31. April 1: Property taxes are due for current year; November 1: Current tax year ends; December 31 Tax exemption filing period ends. November 1: Property taxes are due for the current year:; December 31: Current tax year ends; January 1: New tax year begins, property is assessed, a lien is attached for current year, and tax exemption period begins; March 1: Tax exemption filing period ends; and April 1: Property taxes for the previous year becomes delinquent. March 1: Property taxes for previous year becomes delinquent. April 1: Property taxes are due for current year