City of Cohoes

Tom Jacques, Assessor

About Your Assessment

Fiscal Year Start: January 1
Valuation Date: July 1 of previous year
Taxable Status: March 1
Tentative Roll: May 1
Grievance Day: 4th Tuesday in May
Final Roll: July 1

Total Parcel Count: 5265

Taxable Assessed Value: 565,609,144

Exemption Amounts: 169,317,435

Full Value: 1,010016,329

EQUALIZATION RATE - 56.00 A weighted average ratio of the total assessed value in a municipality divided by the total market value. An equalization rate of 20% indicates that assessments were at an average of one-fifth of market value when the equalization rate survey was made. RESIDENTIAL ASSESSMENT RATIO (R.A.R.) - 53.19 The residential assessment ratio is an indicator of the level of assessment of 1, 2 and 3 family homes within a municipality. The ratio can be used by property owners as evidence that they are not fairly assessed in comparison to other homeowners in the same community. The ratio is computed in the following manner. Appropriate sales of 1, 2 and 3 family homes ranging over a one year time frame are selected. For the 2012 R.A.R., the sales used are from the final roll of 2011 to the final roll of 2012. For most towns this includes sales from 7/1/11 to 6/30/12. A ratio is computed for each sale dividing the assessed value by the sale price. The ratios are sorted in ascending order with the median ratio (midpoint) selected as the Residential Assessment Ratio. LEVEL OF ASSESSMENT - 56.00 The percentage of full market value at which assessments are, on average, made in a given assessing unit.

County Tax Rate

When it is used
County taxes are billed and payable in full every March.

How it is used
Used to levy county tax on each property within the city of Cohoes. The tax rate is $6.923965/per 1000 of assessed value.

City Tax Rate

When it is used
City taxes are billed and the first half is due in March and the second half is due in September.

How it is used
Used to levy city tax on each property within the city of Cohoes. The tax rate is $17.24/per 1000 of assessed value.

School Tax Rate

When it is used
School taxes are billed and the first half is due in September and the second half is due in March

How it is used
Used to levy school tax on each property within the city of Cohoes. The tax rate is $34.03242/per 1000 of assessed value.