21.350 Classification Tax Allocation FormMASSACHUSETTS DEPARTMENT OF REVENUE Northampton
DIVISION OF LOCAL SERVICES CITY
BUREAU OF ACCOUNTS
CLASSIFICATION TAX ALLOCATION
Fiscal Year 2022
1. The selected Residential Factor is 1.000000
If you desire each class to maintain 100% of its full values tax share, indicate a residential factor of " 1" and go to question 3.
2. In computing your residential factor, was a discount granted to Open Space?
Yes _ No X
If Yes, what is the percentage discount? 0
3. Was a residential exemption adopted?
Yes _ No X
If Yes, please complete the following:
Class 1 Total Assessed Value = 3,177,695,139 X 0 = 0
Class 1 Total Parcel Count * 0 Selected Res. Exemption % Residential Exemption
* Include all parcels wtih a Mixed -Use Residential designation
Applicable number of parcels to receive exemption 0
Was a Senior Means Tested exemption adopted?
Yes _ No X
If Yes, please complete the following:
Total Eligible Parcels 0 Total Value Exempted nbsp; 0
Combined Exemptions
Total Value Exempted, Residential + Senior Manes Tested 0
Total Residential Value after exemption(s) 3,177,695,139
4. Was a small commercial exemption adopted?
Yes _ No X
% Selected 0
If Yes, please complete the following:
No. of parcels eligible 0
Total value of parcels 0
Total value to be exempted 0
5. The following information was derived from the LA-7. Please indicate in column D percentages (accurate to 4 digits to the right of the decimal point) which result
from your selected residential factor. (If a residential factor of "'I" has been selected, you may leave Column D blank.)
A
B
C
D
Class
Certified Full and
Percentage Full Value
New Percentage
Fair Cash Value
Shares of Total Tax Levy
Shares of Total Tax
Assessments
Levy
Residential
3,177,695,139.00
81.0890%
81.0890%
Open Space
0.00
0.0000%
0.0000%
Commercial
517,692,188.00
13.2106%
13.2106%
Industrial
113,346,767.00
2.8924%
2.8924%
Personal Property
110,038,800.00
2.8080%
2.8080%
TOTALS
3,918, 772, 894.00
100.0000%
100.0000%
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MASSACHUSETTS DEPARTMENT OF REVENUE Northampton
DIVISION OF LOCAL SERVICES CITY
BUREAU OF ACCOUNTS
CLASSIFICATION TAX ALLOCATION
Fiscal Year 2022
NOTE : The information is preliminary and is subject to change.
Gina -Louise Sciarra, Council President
William H. Dwight, Councilor -At -Large
Michael Quinlan, Jr., Ward 1 Councilor
Karen Foster, Ward 2 Councilor
James Nash, Ward 3 and Council Vice -President
John Thorpe, Ward 4 Councilor
Alex Jarrett, Ward 5 Councilor
Marianne L. LaBarge, Ward 6 Councilor
Rachel Maiore, Ward 7 Councilor
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MASSACHUSETTS DEPARTMENT OF REVENUE Northampton
DIVISION OF LOCAL. SERVICES CITY
BUREAU OF ACCOUNTS
CLASSIFICATION TAX ALLOCATION
Fiscal Year 2022
7. We hereby attest that on (date), (time), at (place) in a public hearing on the issue of adopting the percentages for fiscal year 2022, that the Board of Assessors
presented information and data relevant to making such determination and the fiscal effect of the available alternatives, and that the percentages set forth above
were duty adopted in public session on (date).
8, The LA-5 excess capacity for the current fiscal year is calculated as 22,561.93
The LA-5 excess capacity for the prior fiscal year is calculated as 2,509,273,39
For cities : City Councilors, Aldermen, Mayor
For towns : Board of Selectmen
For districts : Prudential Committee or Commissioners
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