Equalization Rates | Monroe County, NY

The New York State Office of Real Property Services (ORPS) is statutorily obligated to administer an equalization program in order to assure equitable property tax allocation among nearly 4,000 taxing jurisdictions in New York State, and to insure the proper allocation of State Aid to Education funds, among other purposes. Equalization seeks to measure the relationship of locally assessed values to an ever-changing real estate market. Each year, ORPS calculates equalization rates for each of the state’s more than 1,200 assessing units.

Equalization Rate

Is New York State's measure of a municipality's level of assessment. This is the ratio of the municipality's total assessed value to the municipality's total market value. The municipality determines the assessed value and the market value is determined by the state. The formula is Total Assessed Value divided by Total Market Value equals Equalization Rate.

Residential Assessment Ratio

This is determined by using the sales of residential properties, one, two or three family structures, annually in a certain time period in the assessment calendar. These sales after meeting certain criteria determined by New York State are then used in the following formula to create the municipality's ratio. Taking the Assessed Value divided by the Sales Price equals the Residential Assessment Ratio.

Level of Assessment (LOA)

The Level of Assessment is simply the percentage of full value at which properties are assessed within a community. For instance, an LOA of 50% would indicate that assessments are half of the market value; an LOA of 100% represents a community that is assessing at full value.

2011 EQUALIZATION RATES AND LEVEL OF ASSESSMENT

Type	Municipality Name	RAR	State Equalization Rate	Level of Assessment*
County	Monroe		99.08
City	Rochester	98.48	100.00	100.00
Town	Brighton	95.19	100.00	100.00
Town	Chili	100.00	100.00	100.00
Town	Clarkson	100.00	100.00	100.00
Town	Gates	100.00	100.00	100.00
Town	Greece	100.00	100.00	100.00
Town	Hamlin	100.00	100.00	100.00
Town	Henrietta	100.00	100.00	100.00
Town	Irondequoit	100.00	100.00	100.00
Town	Mendon	100.00	100.00	100.00
Village	Honeoye Falls	100.00	100.00
Town	Ogden	100.00	100.00	100.00
Village	Spencerport	100.00	100.00
Town	Parma	100.00	100.00	100.00
Village	Hilton	100.00	100.00
Town	Penfield	100.00	100.00	100.00
Town	Perinton	100.00	100.00	100.00
Village	Fairport	100.00	100.00
Town	Pittsford	100.00	100.00	100.00
Village	Pittsford	99.78	101.69
Town	Riga	93.79	97.00	97.00
Village	Churchville	93.79	97.00
Town	Rush	100.00	100.00	100.00
Town	Sweden	100.00	100.00	100.00
Village	Brockport	100.00	100.00
Village	Brockport	100.00	100.00
Town	Webster	88.98	89.00	89.00
Village	Webster	88.98	89.00
Town	Wheatland	100.00	100.00	100.00
Village	Scottsville	100.00	100.00
Town	East Rochester	100.00	100.00	100.00

* As reported by the Assessor. Section 305-2 of the Real Property Tax Law requires that all real property be assessed at a uniform percentage of market value. (In Nassau County and New York City the uniform percentage is not municipal-wide, but applies to property classes). Most villages are not required to report a uniform percentage.