2018 ALBANY COUNTY EXECUTIVE BUDGET

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1 2018 ALBANY COUNTY EXECUTIVE BUDGET INTRODUCTION AND HIGHLIGHTS LOCAL GOVERNMENT EXEMPTION IMPACT REPORT Daniel P. McCoy County Executive Shawn A. Thelen Commissioner of Management & Budget

2 County of Albany State of New York 2018 Executive Budget albanycounty.com 58

3 L O C A L G O V E R N M E N T E X E M P T I O N I M PA C T R E P O R T Chapter 258 of the Laws of 2008 created Section 495 to the Real Property Tax law which requires counties, cities, towns, villages and school districts to attach a real property exemption report to their tentative budgets. This measure took effect on October 8, 2008 and applies to budgets for fiscal years commencing on and after that date. The exemption report is required to show how much of the total assessed value on the final assessment roll used in the budgetary process is exempt from taxation. This information provides taxpayers, policy makers and the general public with greater transparency on property tax exemptions and their effect on the overall property taxes. s are reductions in property taxes granted to certain groups of property owners (e.g. non-profits, seniors and veterans) which are offset with increases in property taxes on remaining taxpayers. The law requires exemption reports to include the following: Every type of exemption granted by the taxing authority and the cumulative impact of each type of exemption. The cumulative amount expected to be received from recipients of each type of exemption as payments in lieu of taxes or other payments for municipal services. The cumulative impact of all exemption granted. The information contained in this section is the Local Government Impact Report for Albany County as of August The number of exemptions for the County total 23,006 and represents $12,362,856,464 in Equalized Value of s. This amount represents 33.60% of the equalized total assessed value of $36,796,659,359. The 2018 Executive Budget anticipates $2,214,500 in payment in lieu of taxes (PILOTs) which are included as revenue in the Division of Finance s 2018 Executive Budget. County of Albany State of New York 2018 Executive Budget albanycounty.com 59

4 County of Albany State of New York 2018 Executive Budget albanycounty.com 60 NYS-Real Property System Assessor's Report Current Year File Count of Albany S495 Impact Report County Summary Total Assessed Value 32,106,687,422 Equalized Total Assessed Value 37,648,171,515 Name Statutory s Total Equalized Value of s NYS - GENERALLY RPTL 404(1) 392 5,240,204, NYS TEACHERS RETIREMENT SYSTEM RPTL 404(3) 6 38,474, PUBLIC AUTHORITY - STATE RPTL ,717, NYS ENVIRON'L FACILITIES CORP RPTL ,960, STATE AUTHORITIES SPECIFIED RPTL ,209, CENTRAL N Y REGIONAL TRANSP AUTH RPTL ,371, CO - GENERALLY RPTL 406(1) ,253, CO - CEMETERY LAND RPTL ,561, CITY - GENERALLY RPTL 406(1) ,666, CITY O/S LIMITS - SPECIFIED USES RPTL 406(2) 1 10, CITY O/S LIMITS - SEWER OR WATER RPTL 406(3) 2 5,575, CITY O/S LIMITS - SEWER OR WATER RPTL 406(3) 6 4,549, TOWN - GENERALLY RPTL 406(1) ,892, TOWN - CEMETERY LAND RPTL , VG - GENERALLY RPTL 406(1) ,669, VG 0/S LIMITS - SEWER OR WATER RPTL 406(3) 2 647, SCHOOL DISTRICT RPTL ,357, BOCES RPTL ,271, SPEC DIST USED FOR PURPOSE ESTAB RPTL ,679, PUBLIC AUTHORITY - LOCAL RPTL ,047, REGIONAL OTB CORPORATION RACING L 513 1,056, LOCAL AUTHORITIES SPECIFIED RPTL ,743, USA - GENERALLY RPTL 400(1) ,065, USA - SPECIFIED USES STATE L ,776, MUNICIPAL INDUSTRIAL DEV AGENCY RPTL 412-a ,401, URBAN REN: OWNER-MUNICIPALITY GEN MUNY ,908, URBAN REN: OWNER-MUN U R AGENCY GEN MUNY 555 & ,688, MUN HSNG AUTH-FEDERAL/MUN AIDED PUB HSNG L 52(3)&(5) 7 46,744, UDC OWNED NON-HOUSING PROJECT MC K UCON L ,709, RES OF CLERGY - RELIG CORP OWNER RPTL ,184, SYSTEM CODE STATUTORY AUTH NOT 5,722, NONPROF CORP - RELIG(CONST PROT) RPTL 420-a ,657, NONPROF CORP - EDUCL(CONST PROT) RPTL 420-a ,095,

5 NYS-Real Property System Assessor's Report Current Year File County of Albany State of New York 2018 Executive Budget albanycounty.com 61 Count of Albany S495 Impact Report Name Statutory County Summary Equalized Total Assessed Value 37,648,171,515 s Total Assessed Value 32,106,687,422 Total Equalized Value of s NONPROF CORP - CHAR (CONST PROT) RPTL 420-a ,739, NONPROF CORP - HOSPITAL RPTL 420-a ,752, NONPROF CORP-CEMETERY RPTL 420(1)(a) 3 6, NONPROF CORP - MORAL/MENTAL IMP RPTL 420-a ,116, NONPROF CORP - SPECIFIED USES RPTL 420-b ,081, FRATERNAL ORGANIZATION RPTL ,138, NONPROFIT HEALTH MAINTENANCE ORG RPTL 486-a 2,600, SYSTEM CODE STATUTORY AUTH NOT DEFINED 546 8,785, AGRICULTURAL SOCIETY RPTL ,419, VETERANS ORGANIZATION RPTL ,180, HISTORICAL SOCIETY RPTL ,750, INC VOLUNTEER FIRE CO OR DEPT RPTL 464(2) 66 50,684, RAILROAD PROP OWNED BY AMTRAK 45 U S C 546b 183, PRIVATELY OWNED CEMETERY LAND RPTL ,726, NOT-FOR-PROFIT HOUSING CO RPTL , NOT-FOR-PROFIT HOUSING COMPANY RPTL ,681, NOT-FOR-PROFIT HOUSING CO RPTL ,067, NOT-FOR-PROFIT NURSING HOME CO RPTL ,055, NOT-FOR-PROFIT HOUS CO - HOSTELS RPTL ,557, NOT-FOR-PROFIT HOUS CO-SR CITS CTR RPTL , OPERA HOUSE RPTL ,703, TRUSTEES - HOSP, LIB, PLAYGROUND RPTL ,824, NYS OWNED REFORESTATION LAND RPTL ,974, TAX SALE - COUNTY OWNED RPTL 406(5) 3 11, SYSTEM CODE STATUTORY AUTH NOT DEFINED 602, VETERANS EXEMPTION INCRIDECR IN RPTL 458(5) ,739, VETS EX BASED ON ELIGIBLE FUNDS RPTL 458(1) 36 2,765, VET PRO RATA: FULL VALUE ASSMT RPTL 458(5) 94 9,226, ALT VET EX-WAR PERIOD-NON-COMBAT RPTL 458-a 4, ,284, ALT VET EX-WAR PERIOD-NON-COMBAT RPTL 458-a 399 9,135, ALT VET EX-WAR PERIOD-COMBAT RPTL 458-a 3, ,554, ALT VET EX-WAR PERIOD-COMBAT RPTL 458-a ,006, ALT VET EX-WAR PERIOD-DISABILITY RPTL 458-a ,852,

6 County of Albany State of New York 2018 Executive Budget albanycounty.com 62 NYS-Real Property System Count of Albany Name Statutory s Total Equalized Value of s ALT VET EX-WAR PERIOD- RPTL 458-a 113 4, 199, COLD S WAR VETERANS (15%) RPTL 458-b ,477, COLD WAR VETERANS (15%) RPTL 458-b , COLD WAR VETERANS (DISABLED) RPTL 458-b 50 1,447, PARAPLEGIC VETS RPTL 458(3) 6 2,195, CLERGY RPTL , VOLUNTEER FIREFIGHTERS AND RPTL 466-c,d,e, f,g,h&i 3, AGRICULTURAL C BUILDING RPTL ,619, AGRICULTURAL DISTRICT AG-MKTS L ,775, AGRIC LAND-INDIV NOT INAG DIST AG MKTS L ,373, PERSONS AGE 65 OR OVER RPTL 467 3, ,914, PERSONS AGE 65 OR OVER RPTL ,680, PERSONS AGE 65 OR OVER RPTL ,163, PERSONS AGE 65 OR OVER RPTL ,842, PHYSICALLY DISABLED RPTL , DISABILITIES AND LIMITED RPTL 459-c ,180, DISABILITIES CO S AND LIMITED RPTL 459-c 17 1,127, DISABILITIES AND LIMITED RPTL 459-c 8 434, LOW COOR SMODERATE INCOME RPTL 421-e 86 8,881, SILOS, O S MANURE G STORAGE TANKS, RPTL 483-a 7 73, FARM OR FOOD PROCESSING RPTL 483-d 4 249, FIRST-TIME O C HOMEBUYERS S - NEW RPTL , CO HOME S IMPROVEMENTS C RPTL 421-f 7 520, INC ASSN OF VOLUNTEER RPTL 464(1) 1 114, Mass Telecomm Ceiling RPTL S499-qqqq 23 8,387, RAILROAD - PARTIALLY EXEMPT RPTL 489-d&dd 27 19,451, FOREST LAND CERTD AFTER 8/74 RPTL 480-a , Mix-use Properties outside NYC RPTL S485-a 50 19,699, BUSINESS INVESTMENT RPTL 485-b 9 4,410, BUSINESS INVESTMENT RPTL 485-b 10 4,738, BUSINESS O INVESTMENT OS 8/ RPTL 485-b 61 37,410, BUSINESS O INVESTMENT OS 8/ RPTL 485-b 4 1,448, PROPERTY IMPRVMNT IN EMPIRE O Assessor's Report Current Year File S495 Impact Report County Summary Equalized Total Assessed Value 37,648,171,515 Total Assessed Value 32,106,687,422 RPTL 485-e 36 76,029,

7 County of Albany State of New York 2018 Executive Budget albanycounty.com 63 NYS-Real Property System Count of Albany Name Statutory s Total Equalized Value of s FALLOUT SHELTER FACILITY RPTL , LTD PROF HOUSING CO P H Fl L 93,97, ,000, HOUSING DEVELOPMENT FUND CO P H Fl L 577,654-a 3 10,624, REDEVELOPMENT HOUSING CO P H Fl L 125 & ,313, REDEVELOPMENT CO - PHASE OUT RPTL ,471, SOLAR OR WIND ENERGY SYSTEM RPTL ,447, INDUSTRIAL WASTE TREATMENT FAC RPTL ,890, SYSTEM CODE STATUTORY AUTH NOT DEFINED 18 12,122, SYSTEM CODE STATUTORY AUTH NOT DEFINED 4 4,773, SYSTEM CODE STATUTORY AUTH NOT DEFINED 424 6,737, Total s Exclusive of 22,383 12,746,231, System s: ,633,441 0 Total System s: Totals: 22,829 12,769,565, Values have been equalized using the Uniform Percentage of Value. The Exempt amounts do not take into consideration, payments in lieu of taxes or other payments for municipal services. Amount, if any, attributable to payments in lieu of taxes: Assessor's Report Current Year File S495 Impact Report County Summary Total Assessed Value 32,106,687,422