SWIS Code | Municipality Name | Equalization Rate |
---|---|---|
30200 | City of Binghamton | 63.00 |
32000 | Town of Barker | 79.50 |
32200 | Town of Binghamton | 57.50 |
32400 | Town of Chenango | 50.80 |
32600 | Town of Colesville | 6.00 |
32800 | Town of Conklin | 54.50 |
33000 | Town of Dickinson | 58.50 |
33200 | Town of Fenton | 52.90 |
33400 | Town of Kirkwood | 61.00 |
33600 | Town of Lisle | 80.20 |
33800 | Town of Maine | 49.00 |
34000 | Town of Nanticoke | 41.00 |
34200 | Town of Sanford | 46.00 |
34400 | Town of Triangle | 80.00 |
34600 | Town of Union | 3.46 |
34800 | Town of Vestal | 100.00 |
35000 | Town of Windsor | 52.00 |
The Equalization Rate for a municipality is the assessed value of the real property in a town as determined by the local assessor divided by the state's appraised value of that same real property. This ratio is stated as a percentage. At an equalization rate of 100%, assessments are at full market value.
The uses of equalization rates include the determination of assessment equity within a town, the calculation of the value of certain exemptions from real property tax, and the distribution of school district taxes across town lines.