SDAT
2004

Annual Report

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

 

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.