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Transmittal
Letter
Overview:
General Duties and
Powers
Office
of the Director
Real
Property Division
Taxpayer
Services Division
Office
of Information Technology
FY03 County Assessable Base
FY03 State Assessable Base
FY04 County Assessable Base
FY04 State Assessable Base
Real Property Base/Ratio
Assessment Converted to Full Cash Value
State and Local Tax Rates
Charter Documents
Statement of Revenues
Legal Entity Personal Property
Base and Growth
Personal Property Assessment Exemptions
Homeowners' Tax Credits
Renters' Tax Credits
Exempt Property
Enterprise
Zones
Department Level Appeals
Median Sale Price of
Owner-Occupied Property
Staff Directory
Organizational Chart
Prior Annual Reports
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TABLE V
FISCAL YEAR 2004 REAL PROPERTY
TAX BASE/RATIO BY SUBDIVISION
|
Jurisdiction |
Number of
Properties |
Residential |
Commercial |
Agricultural |
Use Value |
Total |
Weighted |
|
Base |
Ratio |
Base |
Ratio |
Base |
Ratio |
Base |
Ratio |
Base |
Ratio |
|
Allegany |
38,188 |
$ 1,593,248,984 |
98% |
$ 562,047,921 |
100% |
$ 68,275,791 |
98% |
$ 0 |
100% |
$ 2,223,572,696 |
98.5% |
|
Anne
Arundel |
189,059 |
30,640,530,367 |
88% |
7,647,371,360 |
85% |
295,572,853 |
88% |
4,163,061 |
100% |
38,587,637,641 |
87.4% |
|
Baltimore City |
219,572 |
11,994,502,848 |
96% |
6,326,317,584 |
93% |
0 |
96% |
0 |
100% |
18,320,820,432 |
94.9% |
|
Baltimore |
267,757 |
32,501,195,845 |
91% |
11,684,567,633 |
98% |
667,850,407 |
91% |
20,393,300 |
100% |
44,874,007,185 |
92.7% |
|
Calvert |
38,803 |
5,203,016,089 |
87% |
526,204,366 |
90% |
169,220,438 |
87% |
1,710 |
100% |
5,898,442,603 |
87.3% |
|
Caroline |
14,511 |
928,889,624 |
88% |
210,425,952 |
90% |
222,139,239 |
88% |
271,973 |
100% |
1,361,726,788 |
88.3% |
|
Carroll |
60,835 |
8,417,732,293 |
90% |
1,367,252,171 |
86% |
559,719,747 |
90% |
8,817,233 |
100% |
10,353,521,444 |
89.5% |
|
Cecil |
42,737 |
3,960,790,828 |
92% |
1,003,860,179 |
91% |
330,078,706 |
92% |
9,890 |
100% |
5,294,739,603 |
91.8% |
|
Charles |
53,228 |
6,590,925,136 |
89% |
1,500,292,819 |
87% |
241,896,481 |
89% |
1,740 |
100% |
8,333,116,176 |
88.6% |
|
Dorchester |
18,973 |
1,058,389,321 |
89% |
398,557,973 |
90% |
194,292,757 |
89% |
17,910,748 |
100% |
1,669,150,799 |
89.3% |
|
Frederick |
81,883 |
10,872,266,284 |
87% |
2,950,952,924 |
89% |
746,356,258 |
87% |
19,448,492 |
100% |
14,589,023,958 |
87.4% |
|
Garrett |
26,135 |
1,780,852,919 |
84% |
258,932,380 |
82% |
130,932,625 |
84% |
0 |
100% |
2,170,717,924 |
83.8% |
|
Harford |
85,540 |
10,732,360,739 |
88% |
2,243,588,282 |
89% |
467,637,098 |
88% |
0 |
100% |
13,443,586,119 |
88.2% |
|
Howard |
87,147 |
17,206,111,281 |
89% |
5,399,393,497 |
94% |
265,175,513 |
89% |
0 |
100% |
22,870,680,291 |
90.1% |
|
Kent |
12,250 |
1,045,886,338 |
92% |
247,490,740 |
96% |
223,566,335 |
92% |
271,085 |
100% |
1,517,214,498 |
92.6% |
|
Montgomery |
295,308 |
68,973,852,288 |
91% |
20,964,719,658 |
91% |
355,952,408 |
91% |
84,561,226 |
100% |
90,379,085,580 |
91.0% |
|
Prince
George’s |
248,523 |
32,530,150,978 |
90% |
11,420,301,707 |
92% |
30,144,950 |
90% |
18,382,056 |
100% |
43,998,979,691 |
90.5% |
|
Queen
Anne’s |
22,953 |
3,140,548,044 |
91% |
404,961,528 |
86% |
388,688,817 |
91% |
961,213 |
100% |
3,935,159,602 |
90.5% |
|
St.
Mary’s |
40,726 |
4,389,726,011 |
91% |
863,421,498 |
82% |
301,860,910 |
91% |
5,479,133 |
100% |
5,560,487,552 |
89.5% |
|
Somerset |
15,091 |
504,317,578 |
93% |
117,323,932 |
103% |
100,560,785 |
93% |
553,510 |
100% |
722,755,805 |
94.5% |
|
Talbot |
18,687 |
3,358,808,024 |
87% |
567,057,926 |
90% |
510,591,063 |
87% |
16,960 |
100% |
4,436,473,973 |
87.4% |
|
Washington |
51,183 |
4,523,278,843 |
86% |
1,939,913,622 |
98% |
345,057,360 |
86% |
0 |
100% |
6,808,249,825 |
89.1% |
|
Wicomico |
41,423 |
2,617,098,918 |
94% |
1,024,959,418 |
80% |
202,779,457 |
94% |
210,460 |
100% |
3,845,048,253 |
89.8% |
|
Worcester |
57,762 |
6,213,320,846 |
77% |
1,549,802,642 |
76% |
191,691,606 |
77% |
103,996 |
100% |
7,954,919,090 |
76.8% |
|
TOTAL |
2,028,274 |
$270,777,800,426 |
90% |
$81,179,717,712 |
90% |
$7,010,041,604 |
90% |
$181,557,786 |
100% |
$359,149,117,528 |
90.0% |
This
table shows assessed values and ratios of
real property used for different purposes.
Ratios shown are median ratios of arms-length
sales of properties
in Group 3 that were sold between July
1, 2002
and June
30, 2003,
compared with the Department's January
1, 2003, assessed value. In jurisdictions
with fewer than 10 commercial sales, the statewide
ratio is used. A ratio of 100% is used for
property not assessed on market value.
See 2003 Ratio Report for more detailed information.
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