ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA
| Property Tax Assessments - Taxable Properties (October 1, 2017 Value) |
| # of Parcels | Assessed Value | % of Total |
|---|
| 1 Vacant Land | 1,415 | $150,563,200.00 | 2.23% |
|---|
| 2 Residential | 17,910 | $5,853,408,520.00 | 86.57% |
|---|
| 3A/3B Farm | 170 | $28,264,611.00 | 0.42% |
|---|
| 4A Commercial | 253 | $573,372,000.00 | 8.48% |
|---|
| 4B Industrial | 49 | $44,262,300.00 | 0.65% |
|---|
| 4C Apartments | 17 | $104,821,500.00 | 1.55% |
|---|
| 5A/5B Railroad | 3 | | 0.00% |
|---|
| 6A/6B Business Personal Property | 3 | $7,026,896.00 | 0.10% |
|---|
| Total | 19,820 | $6,761,719,027.00 | 100.00% |
|---|
Average Ratio (%), Assessed to True Value 90.52%
Equalized Valuation, Taxable Properties $7,469,861,938.80
Total # of property tax appeals filed in 2017 County Tax Board 138.00
State Tax Court 21.00
Number of 2017 County Tax Board decisions appealed to Tax Court 11.00
Number of pending property tax appeals in State Tax Court 14.00
Amount paid out by municipality for tax appeals in 2017
Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements
| Property Tax Assessments - Exempt Properties (October 1, 2017 Value) |
| # of Parcels | Assessed Value | % of Total |
|---|
| 15A Public Schools | 31 | $222,088,500.00 | 40.93% |
|---|
| 15B Other Schools | 1 | $254,100.00 | 0.05% |
|---|
| 15C Public Property | 719 | $223,022,200.00 | 41.10% |
|---|
| 15D Church and Charities | 41 | $35,844,135.00 | 6.61% |
|---|
| 15E Cemeteries & Graveyards | 7 | $578,200.00 | 0.11% |
|---|
| 15F Other Exempt | 143 | $60,870,000.00 | 11.22% |
|---|
| Total | 942 | $542,657,135.00 | 100.00% |
|---|
| Percentage of Exempt vs. Non-Exempt Properties | 8.03% | | |
|---|
| # of Parcels | PILOT Billing/Revenue | Taxes if Billed in Full |
|---|
| Assessed Value | 2017 Total Tax Rate |
| G Commercial/Industrial Exemption | | | | |
| I Dwelling Exemption | | | | |
| 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 | 0 | 0.00 | 0.00 | 0.00 |