184 FIRST AVENUE

Tax history graph
  • 2024 Assessed Value (adjusted for exemptions): $416,500
  • 2024 Real Estate Taxes (from tax roll): $9,100.53
  • map-platt-lot-unit: 074-004-139-0000
  • 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$2,804.88$265.79$3,070.67$24.80$2.35$113,100$113,100ONE FAMI5110.36
1993$2,872.72$288.40$3,161.12$25.40$2.55$113,100$113,099ONE FAMI5187.62
1994$3,025.40$291.80$3,317.20$26.75$2.58$113,100$113,099ONE FAMI5239.41
1995$3,153.20$329.12$3,482.32$27.88$2.91$113,100$113,099ONE FAMI5313.43
1996$3,236.92$335.91$3,572.83$28.62$2.97$113,100$113,100ONE FAMI5433.25
1997$3,225.04$330.51$3,555.55$22.15$2.27$145,600$145,600ONE FAMI5703.70
1998$3,331.33$340.70$3,672.03$22.88$2.34$145,600$145,600ONE FAMI5780.70
1999$3,450.72$330.51$3,781.23$23.70$2.27$145,600$145,600ONE FAMI5914.79
2000$3,616.70$347.98$3,964.68$24.84$2.39$145,600$145,600ONE FAMI6012.44
2001$3,900.62$345.07$4,245.69$26.79$2.37$145,600$145,600ONE FAMI6161.00
2002$4,017.10$339.25$4,356.35$27.59$2.33$145,600$145,600ONE FAMI6294.84
2003$4,015.65$358.18$4,373.83$27.58$2.46$145,600$145,600ONE FAMI6467.10
2004$3,650.82$328.02$3,978.84$17.14$1.54$213,000$213,000ONE FAMI7710.03
2005$3,814.83$357.84$4,172.67$17.91$1.68$213,000$213,000ONE FAMI7838.83
2006$3,904.29$415.35$4,319.64$18.33$1.95$213,000$213,000ONE FAMI8068.40
2007$5,014.63$549.82$5,564.45$12.86$1.41$389,940$389,940ONE FAMI6468.02
2008$5,279.79$569.31$5,849.10$13.54$1.46$389,940$389,940ONE FAMI6640.92
2009$5,459.16$596.61$6,055.77$14.00$1.53$389,940$389,940ONE FAMI6798.70
2010$5,742.46$593.57$6,336.03$16.64$1.72$345,100$345,100ONE FAMI6637.79
2011$5,952.98$600.47$6,553.45$17.25$1.74$345,100$345,100ONE FAMI6761.92
2012$6,035.80$614.28$6,650.08$17.49$1.78$345,100$345,100ONE FAMI6666.56
2013$6,074.22$633.36$6,707.58$20.14$2.10$301,600$301,600ONE FAMI6789.08
2014$6,906.64$0.00$6,906.64$22.90$0.00$301,600$301,600ONE FAMI6985.05
2015$7,010.56$0.00$7,010.56$23.26$0.00$301,400$301,400ONE FAMI7071.89
2016$6,367.55$0.00$6,367.55$23.68$0.00$268,900$268,900ONE FAMI8077.36
2017$6,477.80$0.00$6,477.80$24.09$0.00$268,900$268,900ONE FAMI8155.34
2018$6,362.17$0.00$6,362.17$23.66$0.00$268,900$268,900ONE FAMI8182.08
2019$6,187.00$0.00$6,187.00$23.00$0.00$269,000$269,000ONE FAMI8436.47
2020$6,243.49$0.00$6,243.49$23.21$0.00$269,000$269,000ONE FAMI7208.35
2021$6,302.67$0.00$6,302.67$23.43$0.00$269,000$269,000ONE FAMI7244.70
2022$8,750.67$0.00$8,750.67$21.01$0.00$416,500$416,500ONE FAMI5286.25
2023$8,921.43$0.00$8,921.43$21.42$0.00$416,500$416,500ONE FAMI5331.56
2024$9,100.53$0.00$9,100.53$21.85$0.00$416,500$416,500ONE FAMI5361.33
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.