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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