Assessor`s Office Newsletter - Orleans Parish Assessor`s Office

Erroll G. Williams, Assessor
Orleans Parish Assessor’s Office
OUR GOALS:
Accuracy:
Our mission is to make sure
every property owner in
Orleans Parish pays their
fair share--no more, no less.
Professionalism:
Our customer service
agents build and maintain
a quality community, and
are trained to provide the
information you need with
the courtesy you deserve.
Accessibility:
Fair and equitable property
valuations are our goal;
visit www.nolaassessor.
com to see all property
assessments for every
parcel in Orleans Parish.
A Message from Your Assessor
Modernization of the Orleans Parish Assessor’s Office makes it easier for every property
owner to use our services, but it also has one other benefit: The application of a uniform,
transparent system of property valuation which has encouraged and supported the economic
recovery and revitalization of Orleans Parish.
What that means to you, the property owner, is a community wherein residential and
commercial interests find it easier and more desirable to do business. Within this newsletter,
you will find proof of that recovery.
The most demonstrative way, however, we can show an improved business atmosphere is
in customer service at our offices at City Hall and in Algiers. Homestead exemptions, once
granted, no longer need to be renewed annually. Citizens have 30 days during the Open Rolls
period to appeal their assessment to this office. More and more information and forms are
found online at nolaassessor.com.
Thus, assessment information is available to you more quickly and directly. While our office
always welcomes inquiries by phone or in person, www.nolaassessor.com allows assessment
information to be shared throughout the year so you can keep us informed of changes and
accurate valuations.
In the end, it allows me to serve you better, and that is a commitment I am honored to
uphold for more than 30 years.
Sincerely,
INSIDE THIS ISSUE
What we do....................2
Erroll G. Williams
2016 Millage information....3
Guide to Open Rolls..........5
How to use our website....6-7
Tax exempt properties.......9
Homestead Exemptions.... 10
EAST BANK: City Hall, 1300 Perdido Street, City Hall Room 4E01 • (504) 658-1300
Visit us online:
WEST BANK: Algiers Courthouse, 225 Morgan Street • (504) 368-7642
www.nolaassessor.com
Office Hours (East and West Bank): Monday - Friday, 8:30 a.m. - 4 p.m.
WHAT DOES THE ASSESSOR’S OFFICE DO?
Every property in Orleans Parish has value. The Assessor’s Office places a value on land, homes,
commercial buildings and other taxable property in Orleans Parish as fairly and accurately as possible.
HOW DOES THE ASSESSOR SET VALUE?
The Orleans Parish Assessor utilizes a Computer-Assisted
Mass Appraisal system for maintaining property data and
values to achieve greater tax equity through a uniform,
transparent automated system. The public can access
this data at www.nolaassessor.com and download an
informational flyer specifically about the Computer Mass
Appraisal System (CAMA).
WHAT DOES THE ASSESSOR NOT DO?
Please note that your Assessor does not set the tax
rate, mail out tax bills, or collect payments for taxes.
All questions about payment of municipal taxes
should be directed to the City Bureau of the Treasury,
(504) 658-1701 or visit Room 1W40, City Hall,
1300 Perdido St., New Orleans.
HOW OFTEN IS PROPERTY VALUED?
The Louisiana Constitution requires the Assessor to review
the value of all properties in a parish at least once every
four years. Circumstances, such as occurred after Hurricane
Katrina, may prompt an extraordinary property reevaluation
when properties within a neighborhood or geographic area
of the parish experience damage, demolition, renovations or
additions, or some significant change.
WHEN ARE NOTICES OF ASSESSMENT MAILED TO
PROPERTY OWNERS?
A Notice of Assessment will be mailed by the Assessor’s
Office to the owner if the property’s value has changed by
more than 10 percent since the last assessment. The open
rolls period is from July 15 to August 15 in any given year to
discuss your Notice of Assessment.
DO CHANGES IN PROPERTY VALUES IMPACT THE
PROPERTY TAX RATE?
Remember, taxing authorities—not the Assessor—set the
rate at which property is taxed; the Assessor only estimates
the value of property. If your property’s value increases
and the tax rate remains the same, you will most likely
pay more in property taxes because the calculation of your
taxes is based on the value of the property. The Louisiana
Constitution requires homes to be assessed at 10 percent of
their fair market value. For example, a $100,000 home has
an assessed value of $10,000. This is the value to which the
tax millage rate is applied.
Commercial and industrial buildings are assessed at 15
percent of their fair market value.
HOW DOES THE ASSESSOR DEFINE A ‘NEIGHBORHOOD’
FOR VALUATION PURPOSES?
An assessment “neighborhood” is a geographical area
within Orleans Parish that has a high degree of uniformity in
character, even though the size, age and construction-type
of homes vary.
WHAT CAUSES MY PROPERTY VALUE TO CHANGE DURING
A VALUATION PERIOD?
Your property can gain or lose value. Assessed property
value changes due to market fluctuations on a local, regional
and national basis.
2
Orleans Parish Assessor’s Office
Orleans Parish Taxing Authority/Purpose
and Rate of Millage Levied (2016)
WHAT IS THE MILLAGE RATE?
Property taxes are levied by what
is known as a millage rate. Voters
approve a millage”request” to fund
a specific public purpose. One “mill”
is one-tenth of one percent or 0.001
of one dollar of assessed property
value. There are 16 different public
authorities, such as public schools
and the water board, which receive
dedicated “millages” or portions of
collected property taxes in Orleans
Parish. In 2016, these millages totaled
145.71 on the West Bank and 151.78
on the East Bank. The millages cover
government services such as police
and fire, or enhanced neighborhood
security. Municipal millages do not
expire unless it had a sunset provision
when approved by the voters.
City of New Orleans, Fire and Police . . . . . . . . . . . . . . . . . . . . 6.40
City of New Orleans, General Fund . . . . . . . . . . . . . . . . . . . . 15.10
City of New Orleans, Public Library. . . . . . . . . . . . . . . . . . . . . 5.64
Board of Liquidation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.50
Sewerage and Water Board. . . . . . . . . . . . . . . . . . . . . . . . . . 16.43
Audubon Institute, Zoo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.32
Audubon Institute, Aquarium . . . . . . . . . . . . . . . . . . . . . . . . . 2.99
School Board. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45.31
Levee Board, Orleans East Bank District. . . . . . . . . . . . . . . . . 12.28
Levee Board, Orleans West Bank District. . . . . . . . . . . . . . . . . . 6.21
Law Enforcement District. . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.80
Economic Development. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.82
Parkway and Recreation Department. . . . . . . . . . . . . . . . . . . . 3.00
Capital Improvement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.82
Street and Traffic Control . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.90
Police and Fire (Not Covered by Homestead Exemption) . . . . . . 10.47
Total East Bank, Orleans . . . . . . . . . . . . . . . . . . . . . . . . . . 151.78*
Total West Bank Orleans . . . . . . . . . . . . . . . . . . . . . . . . . . 145.71*
*Security/development district dedications not included in totals
ORLEANS MILLAGE RATE COMPARED TO
OTHER PARISHES IN LOUISIANA AND OTHER
COMPARABLE CITIES IN 2015
In 2011 and 2012, a great many properties, which had
been devalued after Hurricane Katrina and the subsequent
levee failure, came back onto the assessment rolls,
causing the value of the total taxable assessment roll to
increase by 28 percent in value between 2010 and 2011.
Again, in 2015 and 2016, you see properties that were
given special assessment breaks to spur commercial
redevelopment after the 2005 disaster come online at full
value, since those breaks expired. Total taxable property
in Orleans Parish is valued at $3.7 billion in 2016 compared
to $2.9 billion in 2011.
ORLEANS PARISH
HISTORY OF TAXABLE ASSESSMENT ROLLS
4,000,000,000
3,500,000,000
3,000,000,000
2,500,000,000
A review of assessments since Orleans Parish
consolidated the rolls under a single Assessor shows the
rolls have stabilized a great deal in less than five years.
Orleans Parish Assessor’s Office
2,000,000,000
Total Taxable Assessment
As stated on page 2 of this document, the Assessor
estimates the value of the property on which the
millage tax purposes are levied. The local millage rate
has doubled from an estimated 74 mills in 1965 to 148.7
mills in 2015, according to a comparative analysis by
the Bureau of Governmental Research (2015) adjusted
for market and other changes in that time period.
1,500,000,000
1,000,000,000
500,000,000
0
2005 2011 2012 2013 2014 2015 2016 Tax Year
3
Orleans Parish Pre Vs Post Single Family Revaluation
Orleans Parish Pre Vs Post Single Family Revalua>on 1,600,000 A RECOVERED CITY
Pre-Revaluation Single Family
1,400,000 1,200,000 Post Revaluation Single Family
1,000,000 Total Market Value Eighty percent of New Orleans was flooded when
the levees failed following Hurricane Katrina,
and more than half of all properties took on at
least three feet of water or more. Orleans Parish
took a huge step forward in eliminating valuation
discrepancies when the Assessor Offices were
officially consolidated as a reform after the 2005
storms from seven districts to a sole Assessor
with one approach to valuation of properties.
800,000 600,000 400,000 200,000 0 0 Bldg Sq2 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 INTRODUCTION OF CAMA
Orleans Parish variation in assessments prior to a single assessor
A citywide revaluation began in 2011 and has
The blue dots indicate variances in assessment values for similar homes prior
been completed with a uniform process called
to 2011; the introduction of a uniform valuation process has brought more
Computer Assisted Mass Appraisal (CAMA). In
uniformity, as indicated by the red dots, which form a more consistent arc.
the most simplistic terms, this means there is
now a level playing field for all property owners:
Data collection on properties has been modernized so that inconsistencies are removed, accuracy is improved, human error is
reduced, and public access to the data is enhanced.
ALL APPRAISERS MUST BE CERTIFIED
Our staff is committed to bringing fair, accessible assessment information to the public. While we have standardized
processes, improved efficiencies and data integration, and developed systems of quality control, the individual appraiser is
still at the center of this process for personal and real estate property. It is now a requirement for appraisers to be certified
by the International Association of Assessing Officers (IAAO) and to meet continuing education standards.
What this means to you, whether a commercial or residential property owner, is that citizens can rely on a fairer process to
assure that all property owners are paying their fair share. A level playing field means citizens and investors are willing to
work with government in fostering an atmosphere of growth.
This is reflected strongly in terms of commercial activity. In the chart below, you can see that activity in certain sectors of
the city’s economy has increased between 2011 and 2016. This reflects economic growth, which can be attributed to several
factors but the reliability of doing business with municipal government cannot be underestimated.
Commercial Property Examples
2011 vs. 2016
Permit Value vs. Assessed Property Value
of New Construction Parcels
2,500,000,000
80,000,000
Permit Value
2011
70,000,000
2016
2,000,000,000
60,000,000
50,000,000
Appraised Value
1,500,000,000
Total Value
Added Assessed Value
1,000,000,000
40,000,000
30,000,000
20,000,000
500,000,000
10,000,000
0
0
Dining
Property Type
Lodging
Supermarkets
Retail
2005
12 Permits
2011
19 Permits
2012
33 Permits
2013
40 Permits
2014
45 Permits
2015
44 Permits
2016
43 Permits
Year/Permit #
You will note by these charts that after 2012, there was a spur to build and permits exceeded the assessed value of the
property being developed. Economic incentives, such as tax breaks, spurred properties coming back into commerce in
Orleans Parish. Then in 2015, the assessed value of these commercial properties sharply increased. This reflects properties
that had received tax abatements in the 10 years since the 2005 natural disasters being assessed at full value once the tax
incentives expired. This spurt in commercial activity is good news for the city taxing agencies because more assessed value
for properties means more tax revenue is generated for voter-approved purposes like police and fire.
4
Orleans Parish Assessor’s Office
A Property Owner’s Guide to the Open Rolls Period in 10 Easy Steps
4
Mark your calendar: the rolls are open
July 15 – August 15.
Go online and look up your property by
using the “Search Records” function at
nolaassessor.com.
Ask yourself: does the estimated market
value reflect what the property would
sell for today?
nolaassessor.com
Parcel
Map
Click on “Show Parcel Map” from your
property record at nolaassessor.com to
see a satellite image of your property.
If that value looks fair to you, then you’re
done.
If you think your property value is
assessed incorrectly, go to the Assessor’s
Office for a meeting with a Customer
Service Representative. This is the start of
an “informal appeal” process.
Bring with you photos and documents
that explain why the value should
be changed. Documents should
include a recent appraisal (if available),
homeowners insurance, or estimate of
cost of repair from a contractor.
You may submit appeals online by visiting
nolaassessor.com and clicking the box
“File Appeal Online.” If the Assessor’s
Office cannot resolve the issue, the
appeal is forwarded to the Board of
Review.
WHAT IF I DISAGREE WITH THE VALUE THE
ASSESSOR PLACES ON MY PROPERTY?
Information about how to appeal the assessment
value is at www.nolaassessor.com.
All appeals must be made directly to the Assessor
between July 15 and three business days after
August 15.
If you think the value is still incorrect, you
may submit, via mail or online, a formal
Board of Review appeal to the Assessor’s
Office between July 15 and no later than
4:00 p.m. August 18.
Orleans Parish Assessor’s Office
If you or the Assessor’s Office disagree
with the Board of Review’s decision,
appeals can be submitted to the
Louisiana Tax Commission.
5
How to Read Your Property Record at www.nolaassessor.com
www.nolaassessor.com provides increased access to data about
Orleans Parish’s 166,000 parcels of land including assessed value,
special assessments, and tax information. This transparency in
records helps identify inconsistencies and allows better valuations.
The Assessor’s Office is your ally in helping a property owner review the facts about
a property’s record, its features, and its comparison to other neighboring properties
so an accurate fair value can be set.
PARID - PROPERTY
ADDRESS OF RECORD
1st Identifier
At www.nolaassessor.com you can:
1. Calculate your property taxes using the online tax calculator;
2. Learn about property tax exemptions for which you may be eligible;
YOUR LOCATION
IN A CITY BLOCK
3. View images of your property;
4. File many reporting forms online, including valuation appeals, without coming to
the Assessor’s Office;
5. Submit questions online to the Assessor at [email protected] or
directly through the website under the “Contact us” tab;
6. View any property in Orleans Parish from a bird’s eye view or street level in order
to zero in on individual assessment data, thanks to the utilization of pictometry.
SEARCH ONLINE
When you select “Search Records” at nolaassessor.com, you
can search by owner name, tax bill number or location address to get to the exact record you wish to examine.
6
SEARCH BY MAP
You can attempt to locate a property by selecting
“Search by Map”. This feature allows you to drop a
“pin” on any geographic location in Orleans Parish and
zoom in until you find the right property parcel.
Orleans Parish Assessor’s Office
DOE,
DOE JOHN
JOHN
ONE OF SEVEN
DISTRICTS
9999 COLISEUM ST
NEW ORLEANS, LA 70115
000000000
9999 COLISEUM ST
2nd IDENTIFIER
0-0000
RESIDENTIAL
YOUR NEIGHBORHOOD
SPECIAL ASSESSMENT
Extra millages voluntarily
added for special purposes
like security
TY
CORD
SHOW PARCEL MAP
Satelitte image of
your property
LTC-12
BOR-12
DOE, JOHN
DOE, JOHN
000000000
000000
$0
00000000
00000000
$0
00000000
00000000
$0
00000000
00000000
$0
00000000
00000000
$0
00000000
00000000
$0
00000000
00000000
$0
00000000
00000000
YOUR ASSESSMENT
AREA BOUNDARIES
FINAL VALUE
DETERMINED BY
LOUISIANA TAX
COMMISSION
FINAL VALUE
DETERMINED BY
BOARD OF REVIEW
YOUR SALES RECORDS
INFORMATION
Y
PHOTOS CONFIRM THE
CORRECT PROPERTY AND
SHOW CONDITION, WHICH
IS ANOTHER VARIABLE IN
DETERMINING VALUE
BUILDING SQUARE FOOTAGE IS USED TO
CALCULATE ASSESSMENT VALUE; THIS
CAN BE UPDATED WITH AN OWNER’S
MOST RECENT APPRAISAL
Orleans Parish Assessor’s Office
7
Five Easy Steps to Understanding Your
Annual Property Value Assessment Notice
1
Erroll G. Williams, Assessor
2
John Doe
0000 Street Address
New Orleans, Louisiana 70115
Make sure your account
information is accurate. Check
the property address, the owner
name(s), and notify the Assessor’s
Office online of any inaccuracies.
This notice tells you if your
assessed property value has
changed. The value may increase
or decrease due to current real
estate market trends or based
on changes you made to your
property.
3
Make sure all exemptions or
freezes are properly applied.
If you believe you are eligible for
exemptions that are not listed,
visit your local Assessor’s Office to
qualify for applicable tax reduction
programs. Find a description
of these on page 10.
4
This is not a tax bill. This is a
notice showing what your local
Assessor believes the property is
worth. However, it is this value
of the property upon which the
City’s tax collector will issue annual
property tax bills.
5
The notice explains what you
can do if you disagree with
the property’s assessed value. You
can meet with a representative of
the Assessor’s Office between July
15th and August 15th, or you can
formally file an appeal with the
Board of Review to the Assessor’s
Office in person, by mail, or online
by August 18th.
8
Orleans Parish Assessor’s Office
P.O. Box 53406
New Orleans, LA 70153-3406
504-658-1300 at City Hall
504-368-7642 at Algiers Courthouse
RE:
Tax Bill No:
Ward
NOTICE OF
OF ASSESSMENT FOR
NOTICE
FOR 2014
2017
CURRENT YEAR
PREVIOUS YEAR
CHANGE
LAND :
BUILDING(S):
HOMESTEAD EXEMPTION:
PERSONAL PROPERTY:
TOTAL FAIR MARKET VALUE:
TOTAL ASSESSED VALUE:
THIS IS NOT A TAX BILL
Taxes are due January 1, 2014.
All land is assessed at 10% of fair market value. The only exception is property of three or
more acres found eligible for land use. That value is set by the State.
All residential structures are assessed at 10% of fair market value. All commercial structures
are assessed at 15% of fair market.
If you agree with this assessment, keep it for your records.
If you disagree with this assessment please see reverse side for instructions.
Thank you for giving my office the opportunity to serve you.
Erroll G. Williams, Assessor
Orleans Parish
You may visit us at the following locations:
City Hall
1300 Perdido Street
City Hall
4th Floor
1300 Perdido Street
4th Floor
Algiers Courthouse
225 Morgan Street
1st Floor Algiers
Lakeview Christian Center
Uptown River Garden
BEGINNING
JULY 22:
5885 Fleur De Lis Drive
1851 Rousseau Street
Lakeview Christian Center,
2nd Floor
Courthouse
225 Morgan Street
1st Floor
Please turn page
5885 Fleur De Lis Drive
2nd Floor

Orleans Parish Assessor’s Office
THE FIRST CITY
ONLINE DIRECTORY
OF TAX-EXEMPT
PROPERTIES
Non-profit organizations apply to
the Assessor’s Office for property
tax exemptions for any non-income
producing properties in their
possession. A tax-exemption is granted
when an organization meets the
criteria established by state law. For
the first time in the city’s history, a
directory of all tax-exempt properties
is available for public inspection at
www.nolaassessor.com.
NON-PROFIT ORGANIZATIONS CAN
SEEK PROPERTY TAX EXEMPTIONS
Non-Profit Organizations must apply to the Assessor’s Office for property
tax exemptions for any non-income producing properties in their
possession. Such designated properties will be regularly inspected by the
Assessor’s Office to determine continued eligibility.
To obtain an exemption, a Non-Profit Organization must provide
documentation to the Assessor’s Office:
1. State of Louisiana Non-Profit Exemption Application;
2. Determination Ruling Letter from the Internal Revenue Service (IRS);
3. IRS T-900 Form;
4. Articles of Incorporation; and
5. State of Louisiana Non-Profit Certification.
2016 Assessed Value by
Property Type
The City of New Orleans can more accurately view how the wide definition of
“non profit” properties is impacting valuations. For the first-time in the city’s
history, an on-line directory of all tax-exempt properties is available for public
inspection at nolaassessor.com.
106,358,200 106,358,200 1.69% 1.69% As demonstrated in the pie chart to the right, approximately 40 percent of
all properties in Orleans Parish are exempt from property taxation because
they serve a non-profit purpose or receive a tax-exempt status to spur
redevelopment of the property. The chart below indicates how these exempt
properties are grouped, by non-profit use.
Land 2,254,393,270 Land Improvement 35.73% 2,254,393,270 35.73% Personal PImprovement roperty Public Service Personal Property Exempt PPublic roperty Service 3,322,614,260 52.67% Exempt Property 3,322,614,260 52.67% 12,000 Exempt Property Count by Type
608,915,660 9.65% 16,644,430 0.26% 10,000 608,915,660 9.65% 16,644,430 0.26% 8,000 Vacant Land
Improved Property
Personal Property
6,000 Public Service
Exempt Property
# of Properties
4,000 2,000 0 2005
2011
2012
2013
2014
2015
Education
401
427
605
541
837
800
815
Religious
587
653
896
1,527
2,456
2,340
2,301
Fraternal
2016
74
97
111
86
53
52
59
Government
3,579
3,762
3,898
4,257
3,887
3,822
3,832
Agency
1,439
6,324
6,215
5,574
7,211
9,757
7,513
Utilities
108
113
69
64
130
130
131
Misc
3,213
4,435
6,036
4,176
1,224
818
887
n/a* n/a* n/a* n/a* 178
189
223
Medical
* Not Available
Orleans Parish Assessor’s Office
9
HOW TO FILE FOR A HOMESTEAD EXEMPTION
HOMESTEAD
EXEMPTION:
ONCE GAINED,
PERMANENTLY
APPLIED
As of January 1, 2012, the Homestead
Exemption you receive on the
property where you reside in Orleans
Parish is permanent, as long as you
continue to own the property and
declare it as your domicile. Once you
successfully apply for the Homestead
Exemption, you no longer need to
reapply on an annual basis.
ONE HOME, ONE HOMESTEAD
EXEMPTION
A person can have only one
domicile; as of August, 2016, it is
now a punishable crime according
to state law to claim more than
one homestead exemption. Every
homeowner in Orleans Parish is able
to claim an exemption from property
taxes for the first $75,000 of value
of their “domicile” or the home they
occupy as their primary residence,
guaranteed by the State Constitution.
As of March 15, 2014, the Homestead
Exemption is increased to the first
$150,000 of a home’s value for those
declared 100 percent disabled by
the U.S. Department of Veterans
Affairs. This exemption was applied
in the 2015 Assessment Year; it is not
retroactive.
OTHER EXEMPTIONS:
AGE, DISABILITY, VETERANS
Homeowners who are 65 years of age
or older, have a permanent disability,
or are the documented surviving
spouse of a member of the Armed
Forces or Louisiana National Guard
killed in action, missing in action,
or a prisoner of war may qualify for
a Special Assessment Level (SAL) if
they meet certain conditions. The SAL
places a “freeze” on the property’s
assessed value, even though the
appraised value may continue to
fluctuate with the market.
10
To claim a Homestead Exemption, a person must appear in person at the
Assessor’s Office and present the following:
1. Proof of ownership (Act of Sale or Warranty Deed);
2. A valid Louisiana Driver’s License or Louisiana State I.D. (address
must correspond to property’s address on application);
3. A current unpaid Entergy bill for the property, with service location
and mailing address being the same, showing standard residential
usage; OR
4. A landline telephone bill or cable bill (Direct, Dish or Cox).
The office does not accept Sewerage & Water Board bills as proof of
residency.
HOW TO FILE FOR 100 PERCENT DISABLED VETERANS
EXEMPTION
To claim a Homestead Exemption for a 100 percent Disabled Veteran,
the following must be presented:
1. Proof of ownership (Act of Sale or Warranty Deed);
2. Proof owner qualified for the current year’s Homestead Exemption;
3. A valid Louisiana Driver’s License or Louisiana State I.D. (address
must correspond to property’s address on application);
4. A current unpaid Entergy bill for the property, with service location
and mailing address being the same, showing standard residential
usage;
5. A letter from the Veterans Administration (VA) which states the
veteran owner is 100 percent disabled.
HOW TO QUALIFY FOR AN AGE FREEZE
To qualify for an age-freeze, the homeowner must be at least 65 by
August 1st in the year preceding the year the freeze goes into effect.
Once successfully gained, this SAL is permanent and you do not need to
reapply for it on an annual basis. Age-related abatements or “freezes”
must be documented by:
1. A valid Louisiana Driver’s License or Louisiana State I.D. (address
must correspond to property’s address on application);
2. Proof of annual income: 1040 adjusted gross income of prior year’s
income tax return.
HOW TO QUALIFY FOR A DISABILITY FREEZE
Disability SAL must be reapplied for annually. The Orleans Parish Assessor is asking the Louisiana Legislature to make this exemption permanent, but this approval has not been granted as of Summer, 2014. This
special assessment is not to be confused with the 100 percent Veterans
Disability. Disability-related abatements or “freezes” must be documented by:
1. A valid Louisiana Driver’s License or Louisiana State I.D. (address
must correspond to property’s address on application);
2. A letter from a federal or state agency confirming the total
disability; OR
3. A service-connected disability of 50 percent or more with a Veterans
Administration (VA) letter of determination or notice of award; and
4. Proof of annual income: 1040 adjusted gross income of prior year’s
income tax return.
Orleans Parish Assessor’s Office
EXEMPTIONS DO NOT
EXEMPT YOU FROM
ALL TAXES
Orleans Parish Yearly Assessment Value Summaries Orleans Parish
Yearly
Assessment
Value Summaries
6,000,000,000 Non Profit Parcels
Homestead
Exemptions
5,000,000,000 Net Taxable
4,000,000,000 Total Value
The Homestead Exemption
and SALs do not exempt
you from paying dedicated
police and fire millages,
which everyone pays
to the City of New
Orleans. These millages
are assessed by the City
of New Orleans on all
commercial and residential
properties.
Of the total taxable properties in Orleans Parish, the majority of
property taxes are paid by homeowners.
2,730,539,403 2,542,365,829 2,482,024,201 3,000,000,000 2,201,860,610 2,368,309,025 2,000,000,000 YOUR ASSESSOR
DOES NOT SET OR
COLLECT TAXES
457,837,477 468,352,645 2,101,387,860 2,151,698,410 2015 2016 450,220,861 437,886,109 384,001,970 392,526,675 1,322,153,310 1,293,532,090 1,370,879,450 2011 2012 2013 1,000,000,000 The Assessor sets the value
on which your property
will be taxed by the
agencies to which you, as a
voter, dedicated the taxes.
You receive your property
tax bill in January. You
should visit the City
Bureau of the Treasury to
pay your bill. Only visit
the Assessor’s Office in
January if your Homestead
Exemption or other Special
Assessments were not
properly applied. A tax
calculator is available at
www.nolaassessor.com;
however, the calculator
is a guide and may not
reflect your actual tax bill
from the City.
2,907,647,865 1,753,855,220 0 2014 Of those homeowners, the majority claim a homestead exemption.
Orleans
ParishSSingle
Housing
Orleans Parish ingle Family
Family Housing 80,000 73,502 73,268 32,111 30,994 41,391 42,274 72,651 73,096 73,426 73,359 26,158 25,146 24,477 23,520 46,493 47,950 48,949 49,839 70,000 60,000 Parcel Count 50,000 40,000 30,000 20,000 Homestead
Exemption
10,000 No Homestead
Exemption
0 2012 2013 2014 2015 2016 # of Special Assessments
Tax Year 2011 Tax Year
The addition of a new category for Special Assessments or “property tax freezes” for
disabled veterans has increased the number of homeowners claiming these benefits.
Orleans Parish Assessor’s Office
11
WHAT IS A LAT 5 FORM OR BUSINESS
PERSONAL PROPERTY REPORTING?
In Louisiana, ad valorem taxes are levied on the assets used in a business. This includes inventory or merchandise,
furnishings, fixtures, machinery, and equipment. Renovations or the build-out of leased space made by a business must also
be assessed (referred to as a leasehold improvement). Licensed motor vehicles are exempt by state constitution.
WHO MUST FILE?
Any business having such assets in Orleans Parish must complete and file annually.
MUST A BUSINESS FILE EACH YEAR?
Yes, state law requires that a business owner must complete the LAT 5 or business personal property report in full detail,
even if there have been no changes in the assets owned from year to year.
WHAT INFORMATION IS NEEDED?
A business is required to provide the replacement value of inventory in its existing condition; the year of acquisition and
cost of all furnishings, equipment, and leasehold improvements; and the name and address of the owner of property
consigned or leased/rented/borrowed by the business.
LAT 5 forms are available online at www.nolaassessor.com
East Bank Office
New Orleans City Hall, 4th Floor
1300 Perdido Street
, New Orleans, LA 70112 Phone: 504.658.1300 | Fax: 504.658.1353
HOURS: 8:30 a.m. to 4 p.m., weekdays
West Bank Office
Algiers Courthouse
225 Morgan Street
, New Orleans, LA 70114
Phone: 504.368.7642
| Fax: 504.368.7651
HOURS: 8:30 a.m. to 4 p.m., weekdays
www.nolaassessor.com
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