54 GRAND VIEW ROA

Tax history graph
  • 2024 Assessed Value (adjusted for exemptions): $293,700
  • 2024 Real Estate Taxes (from tax roll): $6,417.35
  • map-platt-lot-unit: 054-011-289-0000
  • RE Class: ONE FAMI

Disclaimer: The following projections have been obtained based on the 8/15/2023 Debt Schedule and the 8/15/2023 Tax Levy Impact documents published by the town finance department, which was the best information available on the date they were published.

It is expected that these projections will need to be revised as final details on the debt service become available and actual operating expenses replace replace their projections.

Please defer to official town finance department projections in the event of discrepancies.

Projected Tax Bills 2024-2040

Year20242025202620272028202920302031203220332034203520362037203820392040
Approved
Rejected
Delta
Notes:
  • Based on the data in the 8/15/2023 Debt Schedule and the 8/15/2023 Tax Levy Impact documents and utilizing the same assumptions.
  • No projections for tax rates or assessed values are given because there are thousands of tax rate/valuation combinations that produce the same tax bills as the ones the town chose to present.
  • For a given projected residential levy and base year, it follows from the way projections were calculated that the tax bills are determined by three ratios measuring the growth in the total property value relative to the average growth in individual properties:
  • The three growth ratios are:
    • The ratio in full revaluation years (2025 and 2034): (1.05/1.04) or 1.00961538
    • The ratio in statistical revaluation years (2028, 2031, 2037, and 2040): (1.02/1.016) or 1.003937
    • The ratio in non-revaluation years (all others): (1.01/1.005) or 1.004975
  • There are scenarios in which property values quadruple between 2024 and 2040, and scenarios in which they fall by 80% that produce exactly the same tax bills. You can assume any growth rate for individual houses and as long as you preserve the three growth ratios the tax bills wont change.

Tax Bill History

YearMunicipalFire DistrictTotalTax RateFD RateValuationAdjusted ValuationRE ClassDivisor
1992$1,842.64$174.60$2,017.24$24.80$2.35$88,300$74,300ONE FAMI7779.03
1993$1,887.20$189.46$2,076.66$25.40$2.55$88,300$74,299ONE FAMI7896.68
1994$1,987.52$191.69$2,179.21$26.75$2.58$88,300$74,300ONE FAMI7975.40
1995$2,071.48$216.21$2,287.69$27.88$2.91$88,300$74,300ONE FAMI8088.06
1996$2,126.47$220.67$2,347.14$28.62$2.97$88,300$74,300ONE FAMI8270.54
1997$1,962.49$201.12$2,163.61$22.15$2.27$115,600$88,600ONE FAMI9373.12
1998$2,027.17$207.32$2,234.49$22.88$2.34$115,600$88,600ONE FAMI9499.66
1999$2,099.82$201.12$2,300.94$23.70$2.27$115,600$88,600ONE FAMI9720.01
2000$2,871.50$276.28$3,147.78$24.84$2.39$115,600$115,600ONE FAMI7572.77
2001$3,086.21$273.02$3,359.23$26.79$2.37$115,200$115,200ONE FAMI7786.82
2002$3,178.37$268.42$3,446.79$27.59$2.33$115,200$115,200ONE FAMI7955.98
2003$3,177.22$283.39$3,460.61$27.58$2.46$115,200$115,200ONE FAMI8173.70
2004$3,719.04$334.15$4,053.19$17.14$1.54$216,980$216,980ONE FAMI7568.60
2005$3,886.11$364.53$4,250.64$17.91$1.68$216,980$216,980ONE FAMI7695.04
2006$3,977.24$423.11$4,400.35$18.33$1.95$216,980$216,980ONE FAMI7920.40
2007$4,559.77$499.94$5,059.71$12.86$1.41$354,570$354,570ONE FAMI7113.24
2008$4,800.88$517.67$5,318.55$13.54$1.46$354,570$354,570ONE FAMI7303.38
2009$4,963.98$542.49$5,506.47$14.00$1.53$354,570$354,570ONE FAMI7476.90
2010$4,759.04$491.92$5,250.96$16.64$1.72$286,000$286,000ONE FAMI8009.45
2011$4,933.50$497.64$5,431.14$17.25$1.74$286,000$286,000ONE FAMI8159.22
2012$5,002.14$509.08$5,511.22$17.49$1.78$286,000$286,000ONE FAMI8044.16
2013$4,777.79$498.18$5,275.97$20.14$2.10$262,800$237,229ONE FAMI8631.26
2014$5,449.42$0.00$5,449.42$22.90$0.00$262,800$237,966ONE FAMI8852.91
2015$5,597.73$0.00$5,597.73$23.26$0.00$262,800$240,659ONE FAMI8856.79
2016$5,060.74$0.00$5,060.74$23.68$0.00$237,700$213,714ONE FAMI10163.14
2017$5,158.19$0.00$5,158.19$24.09$0.00$237,700$214,122ONE FAMI10241.70
2018$4,772.98$0.00$4,772.98$23.66$0.00$237,700$201,732ONE FAMI10906.35
2019$5,181.90$0.00$5,181.90$23.00$0.00$262,300$225,300ONE FAMI10072.83
2020$5,236.98$0.00$5,236.98$23.21$0.00$262,300$225,635ONE FAMI8593.74
2021$5,294.69$0.00$5,294.69$23.43$0.00$262,300$225,979ONE FAMI8623.91
2022$5,319.64$0.00$5,319.64$21.01$0.00$293,700$253,196ONE FAMI8695.74
2023$5,155.05$0.00$5,155.05$21.42$0.00$293,700$240,665ONE FAMI9226.90
2024$6,417.35$0.00$6,417.35$21.85$0.00$293,700$293,700ONE FAMI7602.97
Notes:
  • Based on tax rolls 1992-2024 obtained via Access to Public Records requests.
  • Tax rolls are updated over time. If there is a discrepancy, refer to the current official tax roll.
  • The adjusted valuation is the assessed value that produces the actual tax bill, reduced for exemptions, at the stated tax rate.
  • Fire district taxes were obtained from tax rolls if they were present (2008,2009,2010,2012,2013).
  • Fire district taxes were computed using the fire district rate and adjusted valuation for other years. After 2013 there is no separate fire district tax.
  • The fraction of the total adjusted property value that this propertys value represents is one divided by the Divisor column.
  • Divide any town-wide expenditure by the Divisor column to get the share paid for by this property.

Expenses that are the Same Regardless of the Bond Status

Notes:
  • These numbers represent the contribution to funding that expenditure from the taxes on this property.
  • They are obtained by dividing the expense listed on the town exhibits by the appropriate Divisor column value.
  • Long story short, your share of any expenditure is the same as your share of the assessed property value.

Expenses Paid Only When the Bond is Approved

Notes:
  • These numbers represent the contribution to funding that expenditure from the taxes on this property.
  • They are obtained by dividing the expense listed on the town exhibits by the appropriate Divisor column value.
  • Long story short, your share of any expenditure is the same as your share of the assessed property value.

Expenses Paid Only When the Bond is Rejected

Notes:
  • These numbers represent the contribution to funding that expenditure from the taxes on this property.
  • They are obtained by dividing the expense listed on the town exhibits by the appropriate Divisor column value.
  • Long story short, your share of any expenditure is the same as your share of the assessed property value.