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2008 (2) TOWN OF WAPPINGER SUPERVISOR CHRISTOPHER J. COLSEY ~ WAPp/~> ~O~."~.... ''',,~ /t/. ~...~, I... ~ .~ '.. i ~.'>:l "Or~1 c;...~.. .I....>...~ (\~'. ~ ' . ~SS COV.~. TOWN COUNCIL WILLIAM H. BEALE VINCENT BETTINA MAUREEN McCARTHY JOSEPH P. PAOLONI SUPERVISOR'S OFFICE 20 MIDDLEBUSH ROAD WAPPINGERS FALLS, NY 12590 (845) 297-2744 FAX: (845) 297-4558 July 31, 2008 TO: Town Board Cc: Town Clerk Town Assessor RE: 2008 Certificate of Adjusted Base Proportions 2008 Final State Equalization Rates Attached find the aforementioned documents for your review. A resolution of acceptance is being prepared for the August 11 meeting. I have invited CAP Assessor Chris Harkins to attend this meeting to address any issues. RECE\VEO AUG 0 i 2008 TOWN CLERK * RP-6701 ... .......-----.-.--- -.--.-.-.----....-... -.-........-.-.-.-.- ..-...--....----...... .....-...------..... ---------.......--.- -...*-.........--... --......--........... ... .....----...--...-----......-----....-.......------...---*--.-.-.-.-.- 07/30/08 NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 CERTIFICATE OF BASE PERCENTAGES, CURRENT PERCENTAGES AND CURRENT BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL, FOR THE LEVY OF TAXES ON THE 2008 ASSESSMENT ROLL * Approved Assessing Unit * Name of Portion ... ........-...----.. ...........-.-.....--- .--.---------.-.---- ..****.**.._.....***. .-...-..-.-..-.--... ...........--.-.-... ---.-.-.-.--.------- --.-----.-.--------.- ... -----.....-----.............-.. -.--....----.----.------.-.-.-.-.-.--- CERTIFICATION Town of Wappinger, 135600 Town of Wappinger, 135600 * Section I (A) 1991 Taxable Assessed Value * Class * Homestead 593,726,209 * Nonhomestead 253,684,430 * Total 847,410,639 * Section II (E) Prior Year Taxable Assessed Value * Class including Special Franchise * Homestead 2,451,964,477 * Nonhomestead 882,093,049 Total 3,334,057,526 * Section III (I) (J) Local Base Updated Proportion Local Base for the Proportion 1992 Assessment Roll * Class I*(HID) * Homestead 56.5749 58.4596 * Nonhomestead 43.4252 39.8535 * Total 100.0000 98.3131 .. .......**......... -.................... ...****...........** DETERMINATION OF BASE PERCENTAGES (B) 1991 Class Equalization Rate (C) Estimated Market Value A/(Bl100) 61.96 958,241,138 65.36 388,134,073 1,346,375,211 DETERMINATION OF CURRENT PERCENTAGES (F) Prior Year Class Equalization Rate (G) Estimated Market Value E/(F/100) 100.00 2,451,964,477 100.00 882,093,049 3,334,057,526 DETERMINATION OF CURRENT BASE PROPORTIONS (K) (L) (M) Prospective Adusted % difference Current Base Base Proportion between prior Proportion used for Adjusted Part (J) Prior Tax Levy Base Proportion Prorated and Prospective to 100.00 Current Base Proportion (J/.um of J) ((K1L)-1 *1 00) 59.4627 67.63295 -12.08 40.5374 32.36705 25.24 100.0000 100.0000 (N) Maximum Current Base Proportion (L *1.05) 33.9854 (D) Base Percentages (C/.um of C) 71.1719 * 28.8281 100.0000 * (H) Current Percentages (G/.um of G) * I, the clerk of the legislative body of the approved * assessing unit identified above, hereby certify * that the legislative body determined on * base percentages, current percentages, and * current base proportions as set forth herein for the * assessment roll and portion as identified above. 73.5430 26.4570 100.0000 * (0) Current Base Proportions * signature title 66.0146 * 33.9854 * date ...................... ......*.*..........* ...*****......***... ...............****. ********.-.********* .. .......**.....***..*.......******..***............................... 100.0000 * . RP-6703 .. .................... ...-......-... ......-.......-.....- -..-................... .......--................ --.............. .....-................................... .. ...........................................-.................-...................-...... 07130108 NEW YORK STATE OFFICE OF REAL PROPERTY SERVICES 16 SHERIDAN AVENUE, ALBANY, NY 12210-2714 CERTIFICATE OF ADJUSTED BASE PROPORTIONS PURSUANT TO ARTICLE 19, RPTL FOR THE 2008 ASSESSMENT ROLL .. ......-..-.... .....--........... .......................... ..............-......... ..............--.....-.... .................... ...-.................................... .. --.........................................................--.................... . Approved A$S8SSing Unit . Name of Portion . Reference Roll . Levy Roll Town of Wappinger, 135600 Town of Wappinger, 135600 2007 2008 . Class . Homestead .. Nonhomestead . Section II . Class . Homestead . Nonhomestead . Section III . Class . Homesteed . Nonhomestead . Total II) Change in level of Assessment Factor (HIE)+1 0,9369 O.94n IN) Taxable Assessed Value on the Reference Roll 2.451,964.477 882,093,049 IR) Adjusted Base Proportions (Q/sum of Q) 65.9271 34.0729 100.0000 (0) Class Adjustment Factor (MIN) CERTIFICATION . I, the derk of the legislative body of the approved . assessing un~ identified above, hereby certify . that the legislative body determined on . base percentages, current percentages, and . current base proportions as set fO<tll herein for the . assessment roll and portion as identified above. signature titie 1.0166 date IB-C) 2,541,723.578 46,823,614 8,895.392 37,928,222 866,968,565 22,275,848 9,166,714 13,106,934 ---- (F) IG) IH) Total ToIal Net Assessed Value Assessed Value Equalization of EqualizatiOn of Equalization Changes Increases Decteases between the between the Reference Roll Reference Roll and Levy Roll and Levy Roll IFoG) 42,726,150 202.439,266 (159,713,136) 36,370,990 81,220.925 (44,849,935) COMPUTATION OF PORTION CLASS ADJUSTMENT FACTOR IJ) IK) IL) Taxable Taxable Assessed Value of Assessed Value Assessed Value Special Franchise on the on the on the Levy Roll Levy Roll Levy Roll Excluding atthe at the SpecialFranchise Reference Roll Reference Roll Level of Assessment Level of Assmnt (JIl) 2,335.413,906 2,492,589,715 0 826,935.697 872,557,106 27,652.638 1M) Total Taxable Assessed Value on the Levy Roll at the Reference Roll Level of Assessment IK+L) 1.0205 .. ......-.....-.... .................... .......................... ......................... ......-.............-...... ........-........... --.................................... .. ...................................................................................... 2,492,589,715 900,209,744 COMPUTATION OF ADJUSTED BASE PROPORTIONS IP) Current Base Proportions IQ) Current Base Proportions adjusted for Physical and Quantity Changes (POO) 66.0146 67.1064 33.9854 34.6634 100.0000 101.7918 State of New York State Board of Real Property Services 16 Sheridan Avenue Albany, New York 12210-2714 Certificate of the Final State Equali~tion Rate for the 2008 Assessment Roll Mr. Joseph Ruggiero, Supervisor T own of Wappinger Supervisor's Office 20 Middlebush Road Wappingers Falls, NY 12590 Supervisor Office JUL ~ 82008 Received CAP. Code: 139901 Dutchess County CAP. #1 Municipal Code: 135600 T own of Wappinger ...w,.......wwW'...www~ Final State Equalization Rate: * 100.00 * ................................11 I, Patricia L. Holland, hereby certify that on July 21, 2008 the State Board of Real Property Services established a final State equalization rate of 100.00 for the above named municipality. ~Jd{/-.r-1 Patricia L. Holland Real Property Analyst 3 Note: Since your municipality did not file a complaint with respect to the tentative rate, the final equalization rate is the same as the tentative rate. Notice of the final rate will be filed with the clerk of the county legislative body and in the office of the State Comptroller. Mr. Christian Harkins, Appointed Assessor Town of Wappinger Assessor's Office 20 Middlebush Road Wappingers Falls, NY 12590 139901 State of New York State Board of Real Property Services 16 Sheridan Avenue Albany, New York 12210-2714 7/21/2008 Page 1 of 1 Certificate of the Final Class Equalization RatesO Ofor the 2008 Assessment Roll Assessing Unit: Portion: T own of Fishkill T own Outside Village T own of Wappinger T own Outside Village School District of Beacon School District of Arlington School District of Wappingers Homestead 100.00 100.00 100.00 100.00 100.00 100.00 100.00 Non Homestead 100.00 100.00 100.00 100.00 100.00 100.00 100.00 ~[f-d Patricia L. Holland Real Property Analyst 3 Note: Since your assessing unit did not file a complaint with respect to the tentative class rates, the final class rates are the same as the tentative class rates. Notice of the final class rates will be filed with the clerk of the legislative body of the assessing unit and in the office of the State Comptroller. South State of New York Page: 1 Office of Real Property Services Date: 7/22/08 County of Dutchess 16 Sheridan Avenue Time: 8:02 AM Albany, New York 12210-2714 2008 Equalization Rate Status (A) (B) (C) 2007 State 2008 State Percentage Change Municipal Municipal Equalization Equalization in Estimate Code Name Rate Rate and Status of Full Value 131300 City of Poughkeepsie 100.00 100.00 Tentative 0.00% 132000 Town of Amenia 100.00 100.00 Final -0.68% 132200 Town of Beekman 100.00 100.00 Tentative -3.10% 132400 Town of Clinton 58.90 60.25 Tentative -2.24% 132600 Town of Dover 37.00 40.00 Final -7.50% 133200 Town of Hyde Park 45.00 45.00 Final 0.00% 133600 Town of Milan 100.00 100.00 Final 1.76% 133800 Town of Northeast 92.50 92.50 Final 0.00% 134000 Town of Pawling 32.90 31.50 Final 4.44% 134200 Town of Pine Plains 34.00 35.00 Final -2.86% 134400 Town of Pleasant Valley 48.00 48.00 Final 0.00% 134600 Town of Poughkeepsie 100.00 100.00 Final -5.81% 134800 Town of Red Hook 100.00 100.00 Final -1.91% 135000 Town of Rhinebeck 100.00 100.00 Tentative 2.19% 135200 Town of Stanford 47.00 47.00 Tentative 0.00% 135800 Town of Washington 100.00 100.00 Final 0.00% 139901 Dutchess County CAP. #1 100.00 100.00 Final -1.64% Town of Fishkill Town of Wappinger 139902 Dutchess County CAP. #2 100.00 100.00 Tentative -3.15% City of Beacon Town of East Fishkill 139903 Dutchess County CAP. #3 100.00 100.00 Final -6.48% Town of La Grange Town of Union Vale Column C is the percentage change in the estimate of full value between the 2007 State equalization rate and the 2008 State equalization rate due to the change in full value standard. This percentage change is important because county and school taxes are apportioned according to a municipality's share of the full value of the county or the school. A municipality will be apportioned a larger share of the tax levy if its full value increases by a larger percentage than others, or if its full value decreases less than the decrease for other municipalities in the county or school. The information shown in columns Band C is subject to change as the other tentative rates are established in the county and as rates are finalized after the completion of rate complaint processing. You will be sent a complete report when we have established 2008 State equalization rates for all municipalities in your county.