ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA
Property Tax Assessments - Taxable Properties (October 1, 2021 Value)
| # of Parcels | Assessed Value | % of Total | ||
|---|---|---|---|---|
| 1 | Vacant Land | 89 | $47,986,400.00 | 4.12% |
| 2 | Residential | 2,661 | $729,174,450.00 | 62.58% |
| 3A/3B | Farm | 0 | $0.00 | 0.00% |
| 4A | Commercial | 384 | $286,112,000.00 | 24.56% |
| 4B | Industrial | 14 | $15,718,200.00 | 1.35% |
| 4C | Apartments | 30 | $77,357,400.00 | 6.64% |
| 5A/5B | Railroad | 10 | $0.00 | 0.00% |
| 6A/6B | Business Personal Property | 1 | $8,771,220.00 | 0.75% |
| Total | 3,189 | $1,165,119,670.00 | 100.00% | |
Average Ratio (%), Assessed to True Value
83.04%
Equalized Valuation, Taxable Properties
$1,403,082,454.24
Total # of property tax appeals filed in 2021
County Tax Board
9.00
State Tax Court
7.00
Number of 2021 County Tax Board decisions appealed to Tax Court
3.00
Number of pending property tax appeals in State Tax Court
7.00
Amount paid out by municipality for tax appeals in 2021
$0.00
Property Tax Assessments - Exempt Properties (October 1, 2021 Value)
| # of Parcels | Assessed Value | % of Total | |
|---|---|---|---|
| 15A Public Schools | 5 | $59,228,900.00 | 11.94% |
| 15B Other Schools | $17,588,100.00 | 3.55% | |
| 15C Public Property | $136,605,200.00 | 27.54% | |
| 15D Church and Charities | $39,519,400.00 | 7.97% | |
| 15E Cemeteries & Graveyards | $5,057,100.00 | 1.02% | |
| 15F Other Exempt | $238,039,150.00 | 47.99% | |
| Total | 5 | $496,037,850.00 | 100.00% |
Percentage of Exempt vs.
Non-Exempt Properties
Non-Exempt Properties
42.57%
| Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements |
Taxes if Billed in Full 2021 Total Tax Rate |
||||
|---|---|---|---|---|---|
| # of Parcels |
PILOT Billing/Revenue |
Assessed Value | |||
| G | Commercial/Industrial Exemption | 1 | $64,400.00 | $2,406.63 | |
| I | Dwelling Exemption | 10 | $214,500.00 | $8,015.87 | |
| J | Dwelling Abatement | ||||
| K | New Dwelling/Conversion Exemption | ||||
| L | New Dwelling/Conversion Abatement | ||||
| N | Multiple Dwelling Exemption | ||||
| O | Multiple Dwelling Abatement | ||||
| Total 5 Yr Exemptions/Abatements | 11 | 0.00 | 278,900.00 | 10,422.50 | |