ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA
Property Tax Assessments - Taxable Properties (October 1, 2023 Value)
| # of Parcels | Assessed Value | % of Total | ||
|---|---|---|---|---|
| 1 | Vacant Land | 89 | $45,445,100.00 | 3.93% |
| 2 | Residential | 2,667 | $735,413,800.00 | 63.62% |
| 3A/3B Farm | 0.00% | |||
| 4A | Commercial | 380 | $281,711,800.00 | 24.37% |
| 4B | Industrial | 14 | $15,509,800.00 | 1.34% |
| 4C | Apartments | 30 | $77,806,900.00 | 6.73% |
| 5A/5B Railroad | 0.00% | |||
| 6A/6B Business Personal Property | 0.00% | |||
| Total | 3,180 | $1,155,887,400.00 | 100.00% | |
| Average Ratio (%), Assessed to True Value | 69.64% |
| Equalized Valuation, Taxable Properties | $1,659,803,848.36 |
| Total # of property tax appeals filed in 2023 | County Tax Board | 5.00 |
| State Tax Court | 8.00 | |
| Number of 2023 County Tax Board decisions appealed to Tax Court | 2.00 | |
| Number of pending property tax appeals in State Tax Court | 2.00 | |
| Amount paid out by municipality for tax appeals in 2023 | $0.00 |
Property Tax Assessments - Exempt Properties (October 1, 2023 Value)
| # of Parcels | Assessed Value | % of Total | ||
|---|---|---|---|---|
| 15A | Public Schools | 5 | $59,228,900.00 | 8.91% |
| 15B | Other Schools | 1 | $17,588,100.00 | 2.64% |
| 15C | Public Property | 69 | $136,537,100.00 | 20.53% |
| 15D | Church and Charities | 22 | $39,519,400.00 | 5.94% |
| 15E | Cemeteries & Graveyards | 4 | $5,057,100.00 | 0.76% |
| 15F | Other Exempt | 220 | $407,124,400.00 | 61.22% |
| Total | 321 | $665,055,000.00 | 100.00% | |
Percentage of Exempt vs.
Non-Exempt Properties
Non-Exempt Properties
57.54%
Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements
| # of | PILOT | Taxes if Billed in Full | |||
|---|---|---|---|---|---|
| Parcels | Billing/Revenue | Assessed Value | 2023 Total Tax Rate | ||
| G | Commercial/Industrial Exemption | ||||
| I | Dwelling Exemption | 1 | $7,100.00 | $274.20 | |
| J | Dwelling Abatement | 1 | $25,000.00 | $965.50 | |
| K | New Dwelling/Conversion Exemption | ||||
| L | New Dwelling/Conversion Abatement | ||||
| N | Multiple Dwelling Exemption | ||||
| O | Multiple Dwelling Abatement | ||||
| Total 5 Yr Exemptions/Abatements | 2 | 0.00 | 32,100.00 | 1,239.70 |