Inquiry
Is it possible to calculate a property's tax bill directly from the PLUTO data?
I see that assessed value is included, but it's unclear whether that's a transitional or actual assessed value and I don't see a tax class field, so I can't determine the applicable tax %.
Assigned Agencys Response
The Department of City Planning (DCP) published PLUTO/MapPLUTO. Most of its source data, including assessed values, comes from the Department of Finance (DOF). For any field in PLUTO, please make sure to read the data dictionary so you understand how the values for that field are collected and/or processed.
This is what is listed for all data related to all "Assessed Values," the Department of Finance (DOF) calculates the assessed value by multiplying the tax lot’s estimated full market value by a uniform percentage for the property’s tax class. Property value is assessed as of January 5th. If a new building is not completed by April 14th, the assessed building value is 0 and the Building Class reverts to Vacant. Assessed and exempt values are updated twice a year. Tentative values are released in mid-January and final values are released around May 25. If the date on source file (PTS), as reported in the Readme file, is between January 15 and May 25, ASSESSED TOTAL VALUE is from the tentative roll for the tax year starting in July. Otherwise, ASSESSED TOTAL VALUE is from the final roll.
For further questions about determining the applicable tax percent you would have to reach out to the Department of Finance (DOF).
Thank you,
- DCP Open Data Team