sesu.xo - Just Economics, LLC

1992
TAX
BURDEN
COMPARISON
:1991 DC Rates Versus Hypothetical
Split Rates
DC 1991
Rates
Hypothetical
Split Rates
Class
1
(Owner-Occupied Residential)
$0.96
B - $0.65
L - $1.30
Class
2
(Rental Residential)
$1.54
B .,.$0.95
L = .$1.90
Class
3
(Hotel I Motel)
$1.85
Class
4
(Impr,oved Comme rc LaL I Industrial)
$2.15
(Vacant; Commercial / Industrial)
$2.15
B = $1.25
L = $2.50
B = $1.45
L c $2.90
$3.29
Hypo 1992 Tu' w;mliti
ASSCiSIII 1990 ~
($00)8)
)bd)er
Prqlerties
"I"
Lmi
As" of
ToW, ToW
Lmi
Bldg
3
4
5
6
Class 01
lMPf/OVE[)
V1rCIm
68809
570
3861408
~25
7863284
0
ll724692
28625
Clus 02
lMPi'OVlD
V1rCIm
47290
2091
1893368
60419·
3880119
0
Class 03
lMPiOYiD
V1rCIm
147
23
698107
24056
Class 04
IMPi:CMIJ
V1tI:Jm
~ 7813
8848.
9606704
'1764557
1
'lbWs
2
135591
'go
•• (1••• ",.."..
in $rOOs
-III"
"II"
Asaalts
'92 calc
deducticn)
•90 AssImts
'91 i.ates
Olar.ge
fran
Spli t-iate
BoU2
"I"
a:..mge
0Iange
fran
"I" "II"
12
13
fran
8
9
10
II
33\.
l.OO\
95638.178
283.388
92740.051
274.000
-3\.
-3\.
8ll83.018
372.125
-L"'\.
31"
-12\
3~
S773487
60419
33\.
10CJ\
. 92375.792
966.7~
sesu.xo
-A
-A
72835.123
ll47.961
-21"
19\
-18'4
23\.
929972
0
1628079
24056
43\.
10CJ\
31747.541
469.092
3Oll9.462
445.036
-~
19)77.325
601.400
-In.
28'\
-3\.
3~
8423315
,D
18030019
1764557
53%
100%
384039.401
·37585.070
'38.7645.405
37-937.982
l%' 400732.482
1%- 58053.935
4%
54%
3%
53%
46"
643105.165
639004.887
-1" 644003.368
0%
1%
17937245 21096690
Avn:AGE PiOPEIi!'lY DI\TAFOR EACH. aASS.
Clas.01
lDprCNed
ll4
56
0
SO
Vecant
--
39033935
IMPrOmI
7
-
930.453
-~
ANI) VA::N.lr
-~
170
50
33\.
10CJ\
1.390
0.497
1.348
0.482
--3\,
-3\.
1.180
' 0.653
33\.
100\
1.953
0.462
1.880
0.445
-A
1.540
0.549
-21"
204.894
19.349
197.005
.26.148
-In.
31"
-12\
.3~
Class 02
lIII>rCNed
40
29
82
0
122
Vacant
4749
lO46
6326
0
ll075
lO46
43\.
l.OO\
2lS.970
1230
199
1078
0
2308
199
53%
100\
42..154
4.248
CIUllO)
lIprCNed
VillCat
29
20.395
-4"-
-~
-5'-
19\.
28"4
-18\
23\.
-l'.
35"-
Clasa04
lDprCllTid
Vac.nt
U:.615
4.288
1"
-n.
51 •.290
6.561"
4%
~
3%
S3\.
M CAr
It /
CLASS 1 IMPROVED:
(1990 Assessments
to
(1990 Assessments
- Homestead
Deduction)
x
Split Tax Rates
- Homestead
Deduction)
x
1992 Tax Rate ($0.96/$100 on Total Value)
Compared
($0.65/$100 on Building Value)
($1.30/$100 on Land Value)
KEY
-20% or more
•
-15% to -19%
-3% to -9%
-
+3% to -2%
D
+4% to +7%
+
+
+
+
+
+
Numben ~fer
10
N~ighborl-.d Codes
•..•.•
,.,
•..
,_ •. ~_
D •.••. '
+
+
+
+
+
+
Nilf
CLASS 2 IMPROVED:
Compared
($0.95/$100
($1.90/$100
1990 Assessments
x
Split Rate
1990 Assessments
x
1992 Tax Rate
to:
on Building Value)
on Land Value)
($1.54/$100
on Total Value)
KEY
-20% or more
•
-15% to -19%
-3% to -9%
•
+3% to -2%
D
+4% to +7%
+
+
+
+
+
NumMn
rrlft to Nrighborhood
Codes
Reprinted by permission of T~ Washingfon POSf.
+
+
+
+
+
+
+
t1 of
1t3
CLASS 4 IMPROVED:
Compared
1990 Assessments
x
Split Tax Rates
1990 Assessments
x
1992
to
Tax Rate
($1.45/$100 on Building Value)
($2.90/$100 on Land Value)
($2.15/$100 on Total Value)
................
KEY
-20% or more
•
-15% to -19%
~::::::::::::::::::.~
.•.••..~••..•..•....••
.••••••••••••••!!.
••••••
1'•••••••••••••••••••••
.••:.:.».:.••••.•.•., .
-3% to -9%
-
o
••••• SAO<UWns
+3% to -2%
D
+4% to +7%
+
+
+
+
+
Num~n refer 10 Nei&hborhood
ReprInted by permission at
Codes
T~ wilShin::g~ton~~~Ol=t.~
..t.;;::
~ ••••
"'_
_'
+
+
+
+
+
+
+