First, some totals:
Real estate accounts are broken down as follows:
- 3,247
residential
- 110
commercial
- 44 industrial
- 362 vacant
land
- 391 use
assessment (farm, forest or open space)
- 5 apartments
There are 10,510 motor vehicle accounts on the October 1, 2010
Grand List. Additionally, there were 1,470 vehicles on the 2009
supplemental grand list.
Next, some questions answered:
1. What is the MEAN (or AVERAGE)[1]
assessed value of a home in Somers?
$211,718; yearly tax at current mill rate (21.12) =
$4,471.48
2. What is the MEDIAN assessed value of
a home in Somers?
$195,800; yearly tax at current mill rate (21.12) =
$4,135.30
3. How many property owners in Somers
are currently on special payment plans because of inability to pay their
twice-annual lump sums?
The tax collector currently has just 18 signed
payment plans with taxpayers. This
represents just 0.0043 of the total number of tax accounts in Somers.
4. How many property owners in Somers
currently have received abatements/reductions in the amount of tax they owe
because of inability to pay the full amount?
There are
- 137 elderly
who receive State and Town benefits based on their income—their taxes are
lowered by credit from the Town and the State. Credits total $173,692 in foregone revenue to Somers,
and $77,318 in foregone revenue to State. The 137 represents 0.033 of total tax accounts.
- 514 accounts
receiving veterans’ benefits (0.124 of total tax accounts).
- 13 receiving
a blind exemption (0.0031 of total tax accounts)
- 25 receiving
an exemption for totally disabled (0.0060 of total tax accounts).
- total value
of taxes foregone in veterans, blind and disabled = $114,271
- totalling all
four exemptions above (689), a total of 0.166 tax accounts in Somers
receive some form of exemption.
5. How many property owners in Somers
are currently delinquent on their tax payments?
Real estate taxes:
Currently, 132 homeowners are delinquent on their real estate tax
payments (0.032 of total tax accounts).
At the current mill rate, this represents $273,331 in Town revenue. Ms. Doyker says this is mostly farmers
and builders, and that the delinquencies are typically paid off by ~May in a
given year.
Motor vehicle taxes: Currently, about 3,000 MV tax accounts
are delinquent! Ms. Doyker says
many people wait to pay their MV taxes until the two-year term of their
registration is up, and they need a stamped-paid receipt to re-register. She said that more than $1.5 million in
MV taxes are due each year in Somers, but that she collects “far less than
that.”
6. How
many acres of land are taxable in Somers?
This was absolutely the most
shocking data point for me. The
Assessor, Pat Juda, told me that, of the ~15,000 acres of land in Somers, ~12,000
acres are either tax-exempt or not taxed at their full value. That is 80 percent of land in
Somers. This shows the
extent to which our Town MUST rely on the property taxes
paid by homeowners for the lion’s share of our revenue. The 12,000 exempt or reduced-tax acres
are either:
- land
trust: valued at market value
and then exempt the tax bill completely
- open
space: valued at $1,665 per
acre and assessed at 70% of that figure
- excess
acreage (you buy five acres, build a house on the plot—the buildable
portion is taxed at the full rate of 70% of assessed value; but any land
that is not fully “useful—“ rocky, wet, hilly, etc.—receives a reduced
assessment: starts at a value
of $5,000 per acre and can be reduced due to slope, wetlands, land locked,
etc.
- farm: valued per acre as follows:
·
Tillable A = $1,665
·
Tillable B = $1,110
· Tillable
C = $665
·
Tillable D = $445
·
Orchard = $1,300
·
Unmanaged Pasture = $220
·
Swamp/ledge/scrub = $40
·
Forest/Woodland = $190
When to Use Mean
v. Median
- The mean is what we call an average, one
of several that summarize the typical value of a set of data. The mean is
the grand total divided by the number of data points.
- The median is the middle value in a
sample sorted into ascending order.
If the sample contains an even number of values, the median is
defined as the mean of the middle two.
- Is it better to use the mean or the
median? To know which
you should use, you must know how your data is distributed. The mean is the one to use with
symmetrically distributed data; otherwise, use the median. If you follow this rule, you will
get a more accurate reflection of an “average” value.
- The mean is calculated by adding together
all the values, and then dividing them by the number of values you
have. As long as the data is
symmetrically distributed (that is, if when you plot them on a frequency
chart you get a nice symmetrical shape) this is fine—but the mean can
still be thrown off by a few extreme values, and if the data is not
symmetrical (it is skewed), it can be downright misleading.
- Example: A discussion of “average” incomes in a population: Since more people earn low
salaries than high ones, because a fairly large proportion of the
population works part-time, the data will not be symmetrically
distributed. Therefore the
mean is not the best “average” to use in this case. The median, on the other hand,
really is the middle value:
50% of values are above it, and 50% below it. So when the data is not
symmetrical, this is the form of “average” that gives a better idea of any
general tendency in the data.
[1] Please
note: You will find a refresher on
mean v. median at the end of this piece.