Monday, July 2, 2018

Following Up

On June 12, Gossips reported that the Galvan Foundation was seeking property tax exemptions for six of its many properties. At that time, the city assessor said the requests were being evaluated by the Board of Assessment Review--Rachel Kappel. Philip Osattin, and Phil Forman. Now that the final tax rolls for 2018 are available online, we can report on the status of the six properties.

201-203 Warren Street
It is not entirely clear from the tax rolls what is happening with this property. In the "Taxable" section of the rolls (see page 113), the building is listed with a market value of $305,195 and a taxable value of $235,000. It is also listed in the "Wholly Exempt" section of the tax rolls (see page 414), with a full market value of $597,403 and a taxable value of $o. 

67-71 North Fifth Street
In 2017, these three houses had a full market value of $347,059 and a taxable value of $295,000. For 2018, the full market value rose to $383,117, and the houses are wholly tax exempt (see page 415).

202-204 Warren Street
In 2017, the full market value was assessed at $735,294 and taxable value at $625,000. In 2018, the full market value rose to $811,688, and the taxable value was reduced to $243,750 (see page 114).

364-366 Warrren Street
In 2017, the full market value of these two buildings was assessed at $1,647,059, and the taxable value was set at $1,400,000. In 2018, the full market value rose to $1,818,182, and the taxable value was reduced to $868,000 (see page 114).

325 and 327 State Street 
In 2017, these two buildings, with an assessed full market value of $211,765 each, were wholly exempt from property taxes. In 2018, the buildings, now assessed at $233,766 each, remain wholly exempt from property taxes (see page 414).
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5 comments:

  1. How can Phil Foreman not recuse himself on making any determinations on what Galvan/Galloway reductions or exceptions from paying property Taxes are? This I thought was settled and obvious with Historic Preservation Commission.
    Mr. Foreman is not alone in this, nor are Galvan properties. Conflict of interest are conflicts of interests and I thought progress had been made, in HPC, Planning board, Zoning board,
    Assessors board etc. Knowing when to recuse yourself, is not difficult.

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  2. I don't see the conflict myself between serving on the HPC (which does not deal with taxes or assessments) and serving on a board which determines whether or not the assessments made by the city assessor are "fair."

    Whether or not a property is partially or wholly exempt from taxes is a legal determination about status, so it is odd to me that the Board of Assessment Review is involved with that, but I guess the idea is that the BAR serves as a way station to going to court, much like the ZBA does when it makes a decision, particularly a decision involving an interpretation of law.

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  3. Mr Dunn,I am sorry but this has nothing to with what you posted above.






    nnn

    . I'm sorry but this has nothing to do with what you posted above








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  4. Then I am confused as to exactly where you see a conflict of interest here, that dictates that Mr. Foreman should recuse himself with respect to any Galvan related matters.

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  5. I believe the poster may be referring to the fact that it appears the wife of a member of the BAR received a not-inconsiderable grant from Galvan a while back.

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