►
From YouTube: City Council Special Meeting 10-28-19
Description
City of Chelsea, Taxes and Fiscal Year 2020 Valuation
C
Most
of
you
are
very
familiar
with
this,
but
I
do
think
it's
helpful
for
the
general
public
to
see
the
process
for
how
we
go
about
setting
the
tax
rate
I'm
going
to
identify
for
you,
the
valuations
that
we
have
preliminary.
We
for
FY
20,
walk
you
through
my
recommendations
for
the
actual
setting
of
the
tax
rate,
which
at
this
point
we
think
will
be
requested
for
the
evening
of
Monday
November
25th,
just
based
upon
what
we
are
expecting
for
the
certification
from
the
Department
of
Revenue.
So
before
I.
C
This
is
a
work
in
progress
as
each
year.
We
continue
to
try
to
improve
upon
the
way
we
value
property
to
ensure
that
it's
fair
across
all
classes
of
property.
To
that
end,
I
will
say
that
I
know
what
our
meeting
last
week
there
was
concern
about
multi-family
residential
properties,
and
that
has
been
an
ongoing
concern
for
myself
as
well.
There's
also
we've
had
I've
had
this
long-standing
concern
about
commercial
and
industrial
properties
to
make
sure
those
are
properly
valued
again.
C
The
third
thing,
I
want
to
say,
is
just
to
reiterate
all
the
information
I'm
presenting
tonight
is
based
on
the
valuations,
the
tables,
the
formulas
that
we
submitted
to
the
Department
of
Revenue.
As
part
of
this
five-year
revaluation,
the
o.r
has
not
yet
certified
our
values,
all
indications
from
the
Department
of
Revenue,
odd,
that
everything
looks
good
and
that
we
will
have
our
certification
shortly
within,
hopefully
the
next
week
or
so,
but
there
is
a
possibility
that
some
of
these
numbers
could
change
slightly.
I
do
not
expect
any
material
changes
in
any
of
these
numbers.
C
I
just
do
want
to
tell
you
that
these
have
not
yet
been
certified
by
the
Department
of
Revenue.
We
expect
that
to
come
in
the
next
week
or
so
so
with
that
sort
of
overview.
Let
me
go
through
this
presentation:
I'll.
Do
it
relatively
quickly
your
familiy,
with
this
format?
I've
done
it
for
you,
each
of
the
last
four
years
and
I
can
go
through
it
rotary
quickly
and
then
I
can
take
questions
so
all
right.
C
So,
first
in
the
setting
of
the
tax
rate,
the
first
place
we
have
to
start
is
with
our
budget
and
with
how
much
money
we
need
to
raise
to
meet
our
expenses
for
any
given
fiscal
year
and
in
fiscal
year
twenty.
This
is
the
number
two
hundred
and
five
point
six
million
dollars.
That
is
all
of
the
money
that
we
need
to
raise
in
order
to
meet
our
appropriation.
So
this
number
includes
all
of
the
appropriations
you
made
in
June,
including
appropriations
for
the
school
department,
all
the
city
departments
and
our
water
and
sewer
department.
C
The
more
recent
appropriations
that
you
made
in
September
to
buttress
the
School
Department
budget
and
the
additional
probations
you
made
for
the
money
coming
from
the
encore
gaming
facility.
All
of
that,
together,
plus
the
charges
imposed
upon
us
by
the
by
the
Commonwealth
of
Massachusetts
and
plus
the
money
we
have
to
set
aside
in
overlay
reserve
remember
every
year
we
have
to
set
aside
some
money
for
individuals
who
contest
their
tax
bill
and
for
individuals
who
are
entitled
to
tax
exemptions,
and
so
that
is
also
a
cost
to
the
city.
C
C
That
totals
ninety
two
point:
nine
million
dollars
in
FY
20
receipts,
local
receipts,
all
the
money
that
we
raise
and
all
of
our
various
other
methods
of
raising
money
and
the
main
ones
are
motor
vehicle
excise
tax
room,
excise,
tax
meals,
tax
building,
permits
water
and
sewer
charges.
All
of
those
things
will
add
up
to
roughly
fifty
point
five
million
dollars.
Then
there's
the
third
major
category
of
money
and
that's
the
money.
We
raise
in
property
taxes
and
this
year
that
total
will
be
fifty
nine
point.
C
The
total
of
all
of
those
three
major
categories-
state
aid,
local
receipts
and
property
taxes-
is
two
hundred
and
four
point:
nine
million
dollars,
so
we're
shot
just
under
seven
hundred
thousand
dollars
and
that's
the
amount
that
you
appropriated
from
free
cash
to
cover
this
gap
between
the
money
we
need
to
spend
and
what
we
can
raise
and
our
various
revenue
sources
so
we're
our
budget
is
supported
by
a
very
modest
amount
of
free
cash.
This
fiscal
year.
That's
the
number
that
you
appropriated
back
in
June
to
support
the
budget.
C
So
where
do
I
come
up
with
this
local
property
tax
number
of
fifty
nine
point,
two
million
dollars.
So
that's
just
a
formula
and
it's
the
formula
based
on
proposition
two
and
a
half
you
take
and
what
that
means.
Is
you
take
the
total
levy
limit
from
the
previous
year,
which
is
the
amount?
Last
year
the
Department
of
Revenue
told
us
we
can
raise
in
taxes.
You
multiply
that
by
two
and
a
half
percent.
That
number
is
1.4
million
dollars.
That's
the
total
amount
of
new
taxes
we
can
raise
from
our
existing
tax
base.
C
You
add
to
that
new
growth.
This
is
new
tax
dollars
from
new
building
and
new
development
in
the
city
and
this
path.
This
year
in
fiscal
year,
twenty
there
was
a
healthy
2.2
million
dollars,
which
is
a
really
good
number,
and
that
means
the
total
taxes
we
can
raise
from
our
residents
in
fiscal
year.
Twenty
is
sixty
one
point,
just
shy
of
sixty
one
point:
five
million
dollars
now
I
say
this
all
the
time:
how
does
that
get
divided?
Our
various
tax
payers?
C
Well,
that's
where
valuations
come
in,
because
that
pot,
that
total
of
61
point
5
million
in
property
tax
dollars
that
we're
gonna
be
able
to
raise,
gets
divvied
up
among
our
various
tax
payers,
based
solely
on
valuations.
That's
how
we
determine
how
much
each
individual
property
owner
and
each
individual
commercial
owner
needs
to
pay.
C
Taxes
can
go
up
differently
and
do
go
up
differently
for
different
people
depending
on
their
values
and
there's
no
limit
on
how
much
they
can
go
up
for
any
individual
taxpayer.
The
two
and
a
half
percent
limit.
What
proposition
two
and
a
half
limits
is.
The
total
levy
can
only
go
up
by
two
and
a
half
percent.
Individual
taxes
can
vary
widely.
They
can
go
up
significantly,
they
can
go
down
significantly.
It
all
depends
on
valuations
and
that's
where
we
come
in
to
the
annual
valuation
process
in
fiscal
year.
C
Twenty
we
are
in
a
five-year
revaluation,
so
I've
said
this
before
prior
to
2005,
cities
and
towns
only
had
to
revalue
property
once
every
three
years
you
could.
You
didn't,
have
to
change
values
at
all
in
those
interim
two
years,
which
typically
was
a
good
thing
for
mayor's,
because
it
meant
you
didn't
have
to
worry
about
taxes.
Changing
all
that
much,
but
starting
in
fiscal
year
of
2005
DOI
required
that
every
municipality
make
adjustments
every
single
year
to
values
every
five
years
you
got
to
do
a
major
revaluation
of
property.
C
That's
what
the
city
of
Chelsea
is
in
this
year.
In
fiscal
year,
twenty
a
five-year
revaluation,
that's
why
the
Department
of
Revenue
is
spending
so
much
time
on
our
numbers,
because
they're
looking
carefully
at
all
of
the
farmers,
all
of
the
tables
all
of
the
depreciations
everything.
This
is
a
major
revaluation
in
fiscal
year.
2010
years
you
have
to
do
a
full
inspection
of
properties,
meaning
you
have
to
try
to
get
inside
a
certain
number
of
properties.
So
that
will
be
the
case
for
the
city
of
Chelsea
and
2025.
C
This
next
slide
is,
you
know:
we've
talked
about
this
before
Assessors
have
to
value
property
at
full
market
value.
What
a
willing
buyer
will
play
a
willing
seller,
but,
as
the
Assessor
explained
at
last
week's
meeting,
there
are
a
lot
of
and
it's
based
on
actual
sales,
and
it's
always
about
18
months
behind
the
actual
market,
because
it's
what
we
are
valuing
in
fiscal
year.
C
Twenty
is
market
value
as
of
January
1
2019,
so
the
tax
bill
will
be
released
on
January
1
2020,
it's
a
year
behind,
because
it's
assessed
as
of
January
1st
2019,
the
Val
value
on
that
date.
It's
based
on
sales
from
the
previous
calendar
year,
2018
and
sometimes
sales
from
the
year
before
that,
if
required
by
DOI
and
so
values,
always
trail
the
market-
and
that's
the
case
this
year
as
well,
and
that's
just
the
reality
of
assessment
in
Massachusetts.
But
again
as
Mary,
who
pointed
out
not
every
sale
gets
counted.
C
Legitimate
sales,
so
when
someone
buys
in
a
budding
piece
of
property
that
sale
gets
knocked
out,
she
gave
you
a
list
of
all
the
types
of
sales
that
are
rejected
by
DOR
as
a
sales
that
they
can
consider
and
there's
quite
a
lot
of
them.
Unfortunately,
okay.
So
this
is
probably
the
most
significant
table
in
the
slide
I'm
doing,
based
on
all
of
the
work
that
the
Assessors
did
in
fiscal
year
for
fiscal
year,
24
a
revaluation,
this
FY
2015.
C
C
Finally,
some
significant
increase
in
the
value
of
commercial
and
industrial
properties,
and
here
is
the
most
significant
thing
and
comes
right
to
the
point
that
councillors
were
concerned
about
the
other
night,
which
is
large-scale
residential
properties,
large-scale
apartment
buildings,
their
values
went
up
significantly
and
the
one
that
went
up
most
significantly
in
FY
20th
compared
to
FY
19.
Almost
just
shy
of
40
percent
increase
in
values
are
the
nine
plus
residential
units.
C
So
before
I
get
to
the
meat
of
it,
which
is
how
values
going
I
just
want
to
remind
you
that
we
do
try
to
help
residential
property
owners
owner
occupied
property
owners.
The
first
thing
we
do
is
we
have
a
split
rate
and
we
have
the
maximum
split
rate
allowed
by
law,
which
is
a
hundred
and
seventy
five
percent.
It
means
that
commercial
and
industrial
properties
in
Chelsea
paid
1.75
times
more
than
they
would
pay
under
a
single
tax
rate.
That's
the
maximum
shift.
C
C
C
That's
really
helpful
to
residential
property
owners
in
fiscal
year.
Twenty.
We
estimate
that
thirty
percent
of
the
average
residence
value
be
approximately
one
hundred
and
fifty
four
thousand
nine
hundred
fifty
three
dollars.
That
means
that
that
value
is
exempt
from
taxation
in
every
owner
occupants
property.
If
it
were
thirty
five
percent,
the
exemption
would
be
180.
C
Now,
with
the
shift
and
with
the
residential
exemption,
we
estimate,
assuming
Diaw,
approves
our
numbers
that
the
commercial
rate
for
next
year
will
be
twenty
seven
dollars
and
18
cents
per
thousand,
that's
down
from
29
14
in
last
year's
rate.
So
the
rate
is
down
for
commercial,
industrial
taxpayers.
C
Is
this
actually
I'll
show
you
the
numbers
now
so
it'll
be
easier
for
you
to
follow
in
the
child,
but
I
have
given
you
six
options
that
you
have
in
keeping
it
at
30
percent
and
then
a
one
percent
increase
so
that
you
can
see
what
it
will
mean
for
each
of
each
type
of
property,
depending
upon
which
residential
exemption
you
shoes
and
I'm
just
trying
to
find
my
little
cheat
sheet.
So
I
can
actually
see
this
a
little
better.
C
So
if
you,
if
you
look
at
what
it
would
mean,
if
we
kept
the
residential
exemption
at
30
percent,
I
will
tell
you
these
are
relevant
at
30
percent.
These
are
relatively
modest
tax
increases.
You
can
see
that
single-family
homes,
three
families
and
for
family
owner-occupied
properties
go
up
very
little.
Even
at
the
same
30
percent
condos
go
up
reasonably
condos,
go
up
a
significant
number.
Two
family
homes
go
up
modestly,
but
these
are
not
huge.
Tax
increases.
I
am
recommending
that
you
only
increase
this
by
1%
and
use
the
31
percent
residential
exemption.
C
You
just
go
down
the
next
column,
you'll
see
what
that
will
mean
for
each
of
these
values
and
the
only
people
that
would
be
paying
modest
tax
increases
are
condos
and
two
families.
Now
you
might
look
at
that
and
say
well.
6.5
percent
for
condos
I'm,
not
sure
I
agree
with
you,
mr.
manager,
that
that's
modest
but
I
want
to
remind
you
of
last
year's.
Go
look
at
this
page
that
you
have
easier
to
see
that
than
on
this
child.
C
So
this
six
point
five
percent
increase
in
2020
when,
when
looked
at
in
conjunction
with
that
is
not
all
that
significant
and
I
will
show
you
keeping
on
this
chat.
Look
at
what
the
average
tax
bill
was
for
the
average
condo
and
now
I
know
it's
hot.
Using
averages
is
very
frustrating
for
people,
because
no
one
has
the
average
condo,
but
it's
the
only
way
you
can
look
at
it's.
The
only
way
do
wire
allows
you
to
really
compare
tax
rates
among
communities.
C
We
have
to
look
at
the
average,
even
though
it
can
be
very
frustrating,
but
I
just
want
to
show
you
that,
because
of
that
13%
reduction
in
the
average
condominium
tax
bill
last
year,
the
average
condominium
tax
bill
last
year
went
from
$2,500
down
to
1898
even
this
year.
If
you
would
dot
the
31
percent
exemption,
the
average
condominium
tax
bill
will
be.
Nineteen
hundred
and
thirty
seven
dollars
still
significantly
less
than
the
average
condominium
tax
bill
was
in
fiscal
year.
C
Eighteen,
two
years
ago,
so
I'm
saying
that
to
say
to
you
that
these
the
increases
that
would
remain
if
you
adopted
a
31%
residential
exemption,
I
argue
to
you
are
not
that
significant
and
our
modest
tax
increases.
Now
you
could
look
at
this
and
say
we
should
just
go
to
35%,
give
everyone
the
maximum
benefit.
That
is
your
option.
I'm
strongly
advocating
against
it.
For
this
reason
this
is
your
last
major.
It's
really
your
only
major
tool
for
moderating
future
significant
residential
tax
increases.
C
This
remaining
5%
of
the
residential
exemption
is
all
you
have
once
you
hit
35%.
You
can
give
no
more
tax
relief
to
residential
property
owners.
There
will
be
upcoming
years
where
tax
increases
will
be
much
more
severe.
It's
just
the
nature
of
this
economy
values
a
cyclical
there'll,
be
years
where
either
residential
properties
rise
significantly
more
than
commercial
industrial
or
there's
a
market
correction
and
commercial
and
industrial
properties.
All
market
values
drop,
but
commercial
industrial
dropped
5
greater
than
residential
in
that
year.
There's
gonna
be
a
shift
to
the
residential
taxpayer.
C
This
gives
you
the
ability
to
mitigate
that
shift,
but
if
you're
already
at
thirty
five
percent,
you
have
no
tool
left
to
take
out
of
your
tool
box.
So
I'm
saying
to
you
in
a
year
like
this,
where
the
tax
increase
on
ones,
twos,
condos
in
threes
and
fours,
is
not
overly
significant,
because
values
have
changed
so
dramatically
for
commercial
industrial
properties
and
wide-scale
apartment
buildings.
C
Sorry
I
know:
I
went
on
a
lot
just
a
couple
of
other
things,
to
remember
more
assistance
that
we
provide.
We
provide
this
Clause
II
benefit
to
seniors
that
are
seventy
years
or
older,
and
this
one
there's
no
income
limit,
there's
an
asset
limit
that
gets
adjusted
every
year
by
inflation.
We
provide
this
exemption,
the
41
d
exemption
for
seniors
that
are
65
years.
This
one
does
have
an
income
limit,
so
this
is
more
for
people
of
modest
income
who
own
and
occupy
their
own
homes.
C
This
has
a
this
is
worth
a
thousand
dollars
annually
and
remember
we
double
all
the
statutory
exemptions
so
anyone's
entitled
to
a
thousand
dollar
exemption.
They
typically
get
a
two
thousand
dollar
exemption
for
small
commercial
owners.
They
get
a
ten
thousand
dollar
exemption
on
personal
property,
just
a
reminder
that
we
do
a
lot
to
help
taxpayers
in
this
city,
so
November
25th.
That
is
going
to
be
the
date
of
the
hearing.
You
need
to
take
two
votes.
The
first
vote
is
the
vote
on
the
commercial
industrial
shift.
C
I
will
always
recommend
the
maximum
of
one
hundred
and
seventy
five
percent.
You
have
to
take
that
vote
and
then
you
have
to
vote
on.
Whichever
of
these
six
options
on
exemption,
I
have
given
you,
my
recommendation
is
increase.
It
1%,
leaving
you
4%
for
future
years,
and
that
is
the
present.
Oh
one
more
slide,
this
last
slide.
This
is
not
my
slide.
I
took
this
from
the
city
of
Boston
Assessors
report
that
they
do
every
year
they
have
tons
of
money.
C
Obviously,
none
of
these
numbers
are
known
because
no
one
has
set
that
tax
rate
for
FY
2010
at
FY,
2011
February
I'll
be
happy
to
share
it
with
the
council,
but
this
is
FY
19's
numbers
and
you
can
see
how
Chelsea
compares
favorably
to
just
about
every
surrounding
community
Joey
community,
not
in
here
near
us,
is
Malden
I'm,
not
sure
why
Boston
left
Malden
out,
but
Malden
is
the
only
one
just
about
everyone
else
around
us
is
in
here.
You
can
see
how
Chelsea
favorably
compares
in
terms
of
again
average
single-family
tax
bill.
C
Now,
some
might
say:
that's
not
really
all
that
relevant,
but
that's
the
only
number
that
deal
Y
shares
among
community.
So
it's
the
only
one
where
this
information
is
readily
available
to
any
anyone
looking
to
find
this
information,
and
so
that's
the
presentation
and
I'm
happy
to
answer
any
questions.
A
A
There
are
some
significant
increases
on
the
5
to
8
family
in
the
9
plus
units,
especially
the
the
residential
buildings
that
have
9
plus
units
I'm
curious.
As
to
why
so,
my
concern
is:
if
those
taxes
increased,
the
tenants
ran
we'll
eventually,
ultimately
increase.
Why
is
that
not
being
shifted
more
to
the
commercial
and
industrial
you.
C
We
were
we've
looked
at
both
commercial
and
industrial
properties,
carefully.
We've
looked
at
these
multifamily
units
carefully
and
again,
it's
a
work
in
progress
for
us
to
try
to
move
values
across
every
class.
That
we
think
is
fair.
We've
had
concerns
that
commercial
industrial
parcels
and
these
lodge
apartment
buildings
you
know,
haven't
always
reflected
fair
values,
and
so
this
has
been
a
focus
of
attention,
so
these
values
have
gone
up
significantly.
C
Commercial
industrial
have
gone
up
significantly.
It's
just.
We
can't
shift
more
value.
Os,
it's
supported
by
market
studies
and
the
information
that
the
Department
of
Revenue
requires
to
back
up
these
numbers.
We
can't
simply
put
values
on
profit
that
can't
be
supported,
so
the
information
that
we
sent
to
the
Department
of
Revenue
is
not
just
the
value,
but
all
the
supporting
equations
and
tables
and
depreciations,
and
to
establish
for
them
that
the
valuations
that
we're
putting
on
these
properties-
fair
ones.
C
They
look
at
this
stuff
very
carefully
and
will
only
certify
if
they
think
this
is
a
fair
reflection.
So
commercial
industrials
went
up,
you
might
say
they
should
go
up
more,
that
they
are
still
undervalued.
This
is
we,
this
is
what
we
can
support
as
a
fiscal
year
20,
but
we're
going
to
condition
as
I
say,
a
work-in-progress.
We're
continuing
to
look
at
these
and
I
hope
is
that
an
FY
21.
C
A
C
D
C
I
would
argue
just
the
opposite.
What
you're
seeing
here
is
that
this
year,
unlike
past
years
with
three
family
homes,
valuation
increase
was
far
exceeding
the
valuation
increase
of
everyone
else.
This
year
the
increase
in
three
family
homes
has
been
relatively
modest
in
comparison
to
others
and,
as
a
result,
the
tax
bill
for
three
family
homes
is
not
going
up
virtually
at
all,
regardless
of
which
residential
exemption
you
choose.
C
So
for
the
three
family
home,
even
with
the
30
percent
exemption,
the
total
increase
in
the
tax
bill
is
going
to
be
a
mere
$34,
even
at
30%.
If
you
go
to
31,
family
homes
are
getting
no
tax
increase
this
year,
so
three
family
homes
are
benefiting
more
so
than
just
about
any
other
class.
This
year,
other
than
single
family
homes
actually
they're
benefiting
yet
just
benefiting
better
than
anyone,
but
single
families.
C
D
D
C
C
D
C
D
E
E
C
C
E
C
Your
increase
will
be
six
point,
five
percent
and
your
bill
will
be
still
lower
than
it
was
two
years
ago,
because
last
year,
if
you
were
a
condo
owner,
you
got
a
reduction
in
your
taxes
for
the
average
again
I'm
speaking
in
average,
as
this
plenty
of
condos
owners
last
year
whose
bill
went
up
but
the
average
condo
owner
last
year,
their
bill
went
down
by
13
percent
this
year.
It
would
go
up
by
six
point:
five
percent.
C
E
My
pet
peeve,
all
of
my
life,
has
been
the
nine
plus
units
of
and
I
see,
they've
gone
up
a
considerable
amount
this
year,
having
owned
a
very
small
piece
of
commercial
property
and
being
taxed
at
the
commercial
rate,
and
the
building
next
to
mine
happened
to
be
a
nine
plus.
You
know
the
16
units
or
whatever
it
was
from
which
the
landlord
got
16
rents,
but
he
was
taxed
at
the
residential
rate.
Not
up
not
even
you
know,
I.
C
E
F
F
Property
sheets
to
show
what
I
thought
were
undervalued
properties.
Now
this
is
very
general
information.
My
question
is:
at
what
point
in
time
would
the
City
Council
be
able
to
see
specifically
what
the
assessed
values
of
those
properties
are
for,
say,
2020,
so
that
we
can
see
that
you
say
that
there's
gonna
be
this
increase,
but
would
like
to
see
the
actual
assessed
values
so.
C
As
soon
as
the
Department
of
Revenue
certifies
our
values,
we
are
gonna,
hold
three
nights,
stay
open,
wait
and
make
available
to
everyone
in
the
community,
including
the
City
Council,
the
books
that
they
will
be
able
to
see
individual
valuation
changes
for
an
individual
property.
So
any
taxpayer
can
come
in
and
review
their
change
and
assess
the
value
and.
C
Have
specific
individual
property
and
take
a
look
and
see
what
the
new
assessed
value
will
be?
4
FY
20
stay
open.
The
the
goal
is
to
stay
open.
Three
nights
late,
including
one
Tuesday,
were
already
open,
but
two
other
nights.
They
open
till
7:00,
so
tax
base
we
come
in
and
get
a
preview
of
what
their
new
assessed
value
will
be
just
a
reminder
that
every
taxpayer
has
the
right
once
they
receive
their
actual
tax
bill
in
January
to
contest
their
new
valuation.
They
can
do
that
they
have
to
file
in
the
month
of
January.
C
You
only
have
30
days
from
the
actual
tax
bill
to
do
that.
So
February
1st
is
the
absolute
deadline,
there's
no
break
from
that
statutory
deadline,
but
every
taxpayer
has
that
right,
we're
just
giving
them
opportunity
to
see
in
advance
what
that
change
will
be
and
those
numbers
will
be
available
as
soon
as
the
oh-ah
certifies.
Our.
C
At
well,
I,
don't
know
because
I
don't
know
the
date
they
certify.
So
what
we
want
to
do
is
be
able
to
have
sufficient
time
to
advertise.
So
as
soon
as
we
get
the
certification,
we'll
figure
out
what
date
that
we
can
advertise
in
the
paper,
how
quickly
we
can
get
the
night.
So
it
will
be
some
time
before
you
set
the
tax
rate
it
has
to
be.
We
need
certifications.
So,
sometime
between
now
and
November,
25th
there'll
be
three
nights
in
the
assessor's
office,
where
this
information
will
be
publicly
available.
A
G
Thank
you,
madam
president.
I
guess
my
question
may
be
more
targeted
to
Mary
Lou,
but
talking
about
residential
exemption,
can
you
describe
to
me
or
walk
me
through
the
process
on
how
we
inform
home
owners
to
apply
to
this
residential
exemption
and
just
to
give
you
context
for
the
question
I
throughout
my
tenure,
I've
been
approached
by
many
homeowners
who
a
few
I
shouldn't
say
many,
but
a
handful
who
did
not
know
about
the
program
did
not
know
about
the
incentive,
never
received
a
letter
to
apply.
So.
Can
you
walk
us
through
that
outreach
process.
H
So
every
deed
that
comes
through
with
this
new
homeowner
from
the
Registry
of
Deeds,
we
send
them
an
application
automatically.
We've
also
have
a
program.
That's
been
in
place
for
the
last
four
years
where
we've
gone
through
and
we've
matched
up
addresses,
and
anybody
who
hasn't
actually
received
one
that
that
has
the
same
mailing
address
with
the
location
address.
We've
actually
sent
them
an
application,
a
lot
of
people,
don't
don't
return
them.
H
I
G
H
H
Some
of
the
cap
rates
are
a
little
different,
depending
on
which
town
you're
in
so
you,
it's
just
that
they're
the
formula
I
considered
to
be
very
old
and
outdated,
so
I've
been
working
on
taking
some
people
to
court.
If
you
will
not
giving
them
abatements
when
they
apply
forcing
them
to
go
to
the
ATP
so
that
they
can
update
that
formula
and
prove
that.
H
A
D
I
C
A
lot
of
different
factors
that
go
into
an
individual
assessment:
they
don't
necessarily
get
into
every
house
and
that's
not
what's
going
to
be
reflected
anyone
who
feels
that,
whatever
the
case,
their
value
is
not
an
accurate
reflection
of
market
value.
As
of
January
1
2019
is
entitled
by
law
to
challenge
their
assessment.
D
C
H
All
of
the
inspections
are
voluntary
until
you
apply
for
an
abatement,
the
only
people
that
you
have
to
live
in
as
inspectional
services.
Our
inspections
are
voluntary,
it
can
tell
you,
but
the
minute
you
apply
for
an
abatement
you
have
to.
Let
us
in
there's
no
other
way
to
tell
whether
you're
so
scary.
If
you
haven't
seen
the
inside
of
the
house.
D
A
D
Could
work
two
ways
it
could
work
for
your
benefit.
It
could
work
against
you
correct.
So
that's
the
question.
I
say
they
don't
just
come
outside
and
look
at
it.
They
have
to
go
inside
and
inspect
everything
and
then,
if
they
say
they
value
your
house
at
five
hundred,
they
come
to
your
house
and
say
now:
wow
you
value
the
too
much
and
then
they
come
in
and
say:
oh,
what
a
million
now
you
would
have
to
pay,
but
you
have
to
let
them
in
you
can't
just
say:
yes,
look
at
it
outside
the.
D
A
H
Before
you
decide
whether
to
let
us
in
or
not,
you
can
come
and
look
at
your
property
record
card
and
look
to
see
if
the
data
on
it
is
actually
correct.
So
if
the,
if
the
and
we'll
explain
it
to
you,
so
that
if
you
you
have
that
option
to
not
let
us
in
and
not
apply
totally
up
to
you
after
you
review
your
information,
that's
a
key
point.
I.
D
F
F
So
I
have
been
approached
by
residents
that
sometimes
to
see
if
they
can
get
assistance
in
abating
their
values
and
I'll.
Look
at
the
assessed
value
for
the
homes
and
I'll,
look
at
them
and
say
what
open
hands?
It's
not
much.
You
can
do
right
now.
They
think
they
pretty
got
it.
They
get
a
good
value.
Based
on
what
you
said.
In
my
opinion
out,
say:
there's
not
much
wiggle
woman
I
mean
it's
at
325,
you're,
not
gonna,
go
anywhere
and
I
would
say
based
on
sales
data.
F
This
is
a
property
that
has
been
on
always
been
owned
by
them
for
a
while.
My
question
is
specifically,
if
we're
using
sometimes
sales
data
and
whether
it
be
a
large
apartment,
building
that
I
point
out
to
or
commercial
I'm
a
little
bit
perplexed,
because
if
I
see
a
transaction
of
a
singular
property,
not
a
number
of
parcels
or
anything,
very
simple,
one
address
one
property
and
it
goes
for
a
certain
amount.
And
then
we
look
at
the
value
and
it's
two
years
later
and
the
value
is
significantly
under
that
purchase
price.
C
H
H
You
know
it
could
just
be
something
like
Eastern
salt
buying,
a
piece
of
property,
which
is
a
good
example,
but
there
are
people
who
I
and
there's
a
particular
homeowner
that
we
know
of
here
that
has
been
buying
properties
for
a
lot
more
than
what
anything
else
is
worth
in
the
area.
So
we
have
to
consider
whether
that
really
is
and
represents
market
value.
If
you
just
take
one
of
those
sales
and
you
apply
that
price
per
square
foot
to
everybody
else,
everybody
else
is
going
to
be
way
over
assessed.
F
Now,
at
the
same
time,
based
on
that
I
know
that
council
president
said,
is
there
a
way
that
we
could
or
your
department
could
not
shift
us
a
value,
or
you
know,
or
higher
assessments
to
say,
apartment
buildings
because
they
impact
renters,
but
at
the
end
of
the
day
you
can't
the
market
does
what
the
market
does?
You
can't
sort
of
put
your
thumb
on
the
scale
and
say
lower
those,
because
you'd
be
violation
with
deal
or
regulations,
correct,
correct,
so
at
time,
just
frustrating
as
it
is.
H
I
H
As
a
collective,
so,
but
if
I
find
that
sometimes
there's
people
who
post
things
on
the
website
and
what
they're
reporting
to
us
is
not
accurate,
we
challenge
them
with
what
they've
posted
on
a
website
for
their
rents.
We've
been
collecting
rents
for
for
a
while
to
prove
exactly
that,
whether
someone's
under
estimating,
when
they
send
in
an
IND
versus,
what's
really
what
they're
really
charging.
So
it's.
H
F
If
I
was
a
landlord
of
a
large
apartment,
building
and
say
saw
the
increase
and
wanted
to
file
on
bateman,
because
I
feel
that
the
newer
higher
assessed
value
of
the
nine
unit
apartment
building
is
too
high
at
that
point,
in
order
for
me
to
file
the
successfully
abate,
that
would
I
would
have
to
show
income
or
wouldn't
that
be
part
of
the
issue.
Yes,.
F
I
A
Entire
I
have
a
question
this
entire
thing:
kind
of
stumps
me
because
I
understand
what
we're
saying,
but
we're
also
saying
that
it's
a
contingent
on
sales
price.
But
how
are
we
comparing
that
38
percent
increase
of
nine
units
or
more
I'm,
assuming
that
there
haven't
been
many
buildings
that
are
nine
units
and
more
that
have
sold
in
the
market
because
I'm
pretty
sure
we
would
have
heard
about
it?
So
how?
What
do
you
base
that
on
so.
H
It's
not
just
sales
it
and
for
income-producing
properties.
It's
the
income
approach
so
because
there
are
very
few
sales
same
thing
with
commercial
industrial.
There
aren't
enough
sales
out
there
to
allow
us
to
put
much
weight
on
that
that
particular
approach,
so
you're
gonna
be
using
all
three
approaches
at
least
looking
at
them.
So
that's.
Why
there's
a
cost
approach
which
you
put
in
a
price
per
square
foot,
then
sales.
If
there
are
sales
and
if
it's
an
income-producing
property,
then
you
use
an
income
approach
that.
A
C
So
just
moving
forward,
two
things
are
going
to
happen.
Hopefully
we're
going
to
soon
get
certification
from
do
are
once
they
have
thoroughly
vetted
all
of
our
information.
Once
we
have
that
certification,
we
will
set
aside
three
nights
for
residents
counselors,
any
member
of
the
public
to
come
in
and
look
at
the
new
values
as
advance
information
for.
A
C
Actual
tax
bill
delivered
on
or
about
January
1
and
then
they'll
have
30
days
after
that
to
file
for
an
abatement,
and
then
the
next
thing
will
be
the
setting
of
the
tax
rate
the
night
we're
shooting
for
November
25th
depending
on.
When
do
our
certifies,
our
rates
will
depend
on
whether
we
can
keep
that
and
we'll
keep
the
council
informed
of
that
at
that
night.
C
Whatever
night
it
is,
you
have
two
votes,
one
on
the
shift,
the
commercial
industrial
shift,
and
the
second
is
selecting
the
residential
exemption
and
I'll
just
need
to
know
in
advance
whether
you
are
inclined
to
go
with
my
recommendation
or
31%
or
are
looking
at
something
else,
because
the
numbers
you
have
to
vote
that
night
depend
upon
which
shift
you
wish
to
do,
but
again,
I
strongly
recommend.
Just
given
the
increases
this
year
to
the
people.