RI Taxpayers Announce Fall Meeting
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RI Taxpayers Announce Fall Meeting
R.I. Taxpayers is advocating "Yes on Three" for a Constitutional Convention to help bring much needed reform to the tax, business and political culture of Rhode Island. Rhode Island's last Constitutional Convention was in 1986. The program at the meeting will:
~ Outline the importance of a Constitutional Convention at this point in our state's history;
~ Discuss the possible amendments to the Rhode Island Constitution for voters to consider;
~ Present an overview of the Preparatory Commission's report;
~ Offer a national perspective on how it could help transform Rhode Island and look at the process required.
The speakers will be Master of Ceremonies Justice Robert Flanders, former R.I. Supreme Court Justice; Gary Sasse, Director of Bryant University's Hassenfeld Institute for Public Leadership; John Marion, Executive Director of Common Cause; Mike Stenhouse, founder and CEO of the R.I. Center for Freedom and Prosperity; and Steven Frias, Attorney at Keegan Werlin LLP.
RI Communities with the Highest Tax Rates #39 - #1
#39 New Shoreham
FY 2014 Tax Rates Per $1,000 in Value
Residential: $5.21
Commercial: $5.21
Personal Property: $5.21
Motor Vehicle: $9.75
Tax Cost for Residents
For a single family home valued at $240,000: $1,000.32
For 2008 Honda Accord: $147.71
Total Taxes as % Median Income: $1.29%
Note: Real property is assessed at 80 percent of value. This is reflected in the community's ranking.
#38 Little Compton
FY 2014 Tax Rates Per $1,000 in Value
Residential: $5.38
Commercial: $5.38
Personal Property: $10.76
Motor Vehicle: $13.90
Tax Cost for Residents
For a single family home valued at $240,000: $1,291.20
For 2008 Honda Accord: $210.59
Total Taxes as % Median Income: 1.56%
#37 Jamestown
FY 2014 Tax Rates Per $1,000 in Value
Residential: $8.75
Commercial: $8.75
Personal Property: $8.75
Motor Vehicle: $14.42
Tax Cost for Residents
For a single family home valued at $240,000: $2,100.00
For 2008 Honda Accord: $218.46
Total Taxes as % Median Income: $2.84%
#36 Charlestown
FY 2014 Tax Rates Per $1,000 in Value
Residential: $9.46
Commercial: $9.46
Personal Property: $9.46
Motor Vehicle: $13.08
Tax Cost for Residents
For a single family home valued at $240,000: $2,270.40
For 2008 Honda Accord: $198.16
Total Taxes as % Median Income: 3.56%
#35 Narragansett
FY 2014 Tax Rates Per $1,000 in Value
Residential: $9.80
Commercial: $14.68
Personal Property: $14.68
Motor Vehicle: $16.46
Tax Cost for Residents
For a single family home valued at $240,000: $2,352.00
For 2008 Honda Accord: $249.37
Total Taxes as % Median Income: 4.06%
#34 Bristol
FY 2014 Tax Rates Per $1,000 in Value
Residential: $12.80
Commercial: $12.80
Personal Property: $12.80
Motor Vehicle: $17.35
Tax Cost for Residents
For a single family home valued at $240,000: $3,072.00
For 2008 Honda Accord: $262.85
Total Taxes as % Median Income: 5.18%
#33 Portsmouth
FY 2014 Tax Rates Per $1,000 in Value
Residential: $14.53
Commercial: $14.53
Personal Property: $14.53
Motor Vehicle: $22.50
Tax Cost for Residents
For a single family home valued at $240,000: $3,487.20
For 2008 Honda Accord: $238.61
Total Taxes as % Median Income: 4.87%
Note: Motor vehicles are assessed at 70 percent of value. This is reflected in the community's ranking.
#32 Westerly
FY 2014 Tax Rates Per $1,000 in Value
Residential: $10.53
Commercial: $10.53
Personal Property: $10.53
Motor Vehicle: $29.67
Tax Cost for Residents
For a single family home valued at $240,000: $2,527.20
For 2008 Honda Accord: $449.50
Total Taxes as % Median Income: 4.93%
#31 South Kingstown
FY 2014 Tax Rates Per $1,000 in Value
Residential: $15.47
Commercial: $15.47
Personal Property: $15.47
Motor Vehicle: $18.71
Tax Cost for Residents
For a single family home valued at $240,000: $3,712.80
For 2008 Honda Accord: $283.46
Total Taxes as % Median Income: 5.39%
#30 Newport
FY 2014 Tax Rates Per $1,000 in Value
Residential: $11.71
Commercial: $16.23
Personal Property: $16.23
Motor Vehicle: $23.45
Tax Cost for Residents
For a single family home valued at $240,000: $2,810.40
For 2008 Honda Accord: $355.27
Total Taxes as % Median Income: 5.45%
#29 Middletown
FY 2014 Tax Rates Per $1,000 in Value
Residential: $15.71
Commercial: $20.87
Personal Property: $15.71
Motor Vehicle: $16.05
Tax Cost for Residents
For a single family home valued at $240,000: $3,770.40
For 2008 Honda Accord: $243.16
Total Taxes as % Median Income: 5.58%
#28 Exeter
FY 2014 Tax Rates Per $1,000 in Value
Residential: $14.72
Commercial: $14.72
Personal Property: $14.72
Motor Vehicle: $32.59
Tax Cost for Residents
For a single family home valued at $240,000: $3,532.80
For 2008 Honda Accord: $493.74
Total Taxes as % Median Income: 3.93%
#27 Tiverton
FY 2014 Tax Rates Per $1,000 in Value
Residential: $19.37
Commercial: $19.37
Personal Property: $19.37
Motor Vehicle: $19.14
Tax Cost for Residents
For a single family home valued at $240,000: $4,648.80
For 2008 Honda Accord: $289.97
Total Taxes as % Median Income: 7.75%
#26 Richmond
FY 2014 Tax Rates Per $1,000 in Value
Residential: $19.76
Commercial: $19.76
Personal Property: $19.76
Motor Vehicle: $22.64
Tax Cost for Residents
For a single family home valued at $240,000: $4,742.40
For 2008 Honda Accord: $274.40
Total Taxes as % Median Income: 6.33%
Note: Motor vehicles are assessed at 80 percent of value. This is reflected in the community's ranking.
#25 North Kingstown
FY 2014 Tax Rates Per $1,000 in Value
Residential: $18.80
Commercial: $18.80
Personal Property: $18.80
Motor Vehicle: $22.04
Tax Cost for Residents
For a single family home valued at $240,000: $4,512.00
For 2008 Honda Accord: $333.91
Total Taxes as % Median Income: 6.18%
#24 Coventry
FY 2014 Tax Rates Per $1,000 in Value
Residential: $18.66
Commercial: $22.49
Personal Property: $18.66
Motor Vehicle: $18.75
Tax Cost for Residents
For a single family home valued at $240,000: $4,478.40
For 2008 Honda Accord: $284.06
Total Taxes as % Median Income: 7.11%
#23 Cumberland
FY 2014 Tax Rates Per $1,000 in Value
Residential: $15.78
Commercial: $15.78
Personal Property: $28.86
Motor Vehicle: $19.87
Tax Cost for Residents
For a single family home valued at $240,000: $3,787.20
For 2008 Honda Accord: $301.03
Total Taxes as % Median Income: 5.62%
#22 Hopkinton
FY 2014 Tax Rates Per $1,000 in Value
Residential: $19.77
Commercial: $19.77
Personal Property: $19.77
Motor Vehicle: $21.18
Tax Cost for Residents
For a single family home valued at $240,000: $4,744.80
For 2008 Honda Accord: $320.88
Total Taxes as % Median Income: 7.80%
#21 Warren
FY 2014 Tax Rates Per $1,000 in Value
Residential: $18.67
Commercial: $18.67
Personal Property: $18.67
Motor Vehicle: $26.00
Tax Cost for Residents
For a single family home valued at $240,000: $4,480.80
For 2008 Honda Accord: $393.90
Total Taxes as % Median Income: 9.15%
#20 East Greenwich
FY 2014 Tax Rates Per $1,000 in Value
Residential: $22.90
Commercial: $22.90
Personal Property: $22.90
Motor Vehicle: $22.88
Tax Cost for Residents
For a single family home valued at $240,000: $5,496.00
For 2008 Honda Accord: $346.63
Total Taxes as % Median Income: 6.05%
#19 Burrillville
FY 2014 Tax Rates Per $1,000 in Value
Residential: $18.58
Commercial: $18.58
Personal Property: $18.58
Motor Vehicle: $40.00
Tax Cost for Residents
For a single family home valued at $240,000: $4,459.20
For 2008 Honda Accord: $606.00
Total Taxes as % Median Income: 7.35%
#18 Barrington
FY 2014 Tax Rates Per $1,000 in Value
Residential: $18.20
Commercial: $18.20
Personal Property: $18.20
Motor Vehicle: $42.00
Tax Cost for Residents
For a single family home valued at $240,000: $4,368.00
For 2008 Honda Accord: $636.30
Total Taxes as % Median Income: 5.07%
#17 West Greenwich
FY 2014 Tax Rates Per $1,000 in Value
Residential: $22.55
Commercial: $22.55
Personal Property: $33.85
Motor Vehicle: $19.02
Tax Cost for Residents
For a single family home valued at $240,000: $4,600.20
For 2008 Honda Accord: $288.15
Total Taxes as % Median Income: 5.81%
Note: Does not include rate for vacant land which is $16.07. Has homestead exemption.
#16 Foster
FY 2014 Tax Rates Per $1,000 in Value
Residential: $20.40
Commercial: $20.40
Personal Property: $28.03
Motor Vehicle: $36.95
Tax Cost for Residents
For a single family home valued at $240,000: $4,896.00
For 2008 Honda Accord: $559.79
Total Taxes as % Median Income: 7.00%
#15 Scituate
FY 2014 Tax Rates Per $1,000 in Value
Residential: $33.37
Commercial: $43.20
Personal Property: $39.75
Motor Vehicle: $30.20
Tax Cost for Residents
For a single family home valued at $240,000: $4,484.40
For 2008 Honda Accord: $434.65
Total Taxes as % Median Income: 6.01%
Note: Real property is assessed at only 50 percent of value and motor vehicles are assessed at 95 percent of value. This is reflected in the community's ranking.
#14 Glocester
FY 2014 Tax Rates Per $1,000 in Value
Residential: $21.24
Commercial: $24.14
Personal Property: $42.29
Motor Vehicle: $24.37
Tax Cost for Residents
For a single family home valued at $240,000: $5,097.60
For 2008 Honda Accord: $369.21
Total Taxes as % Median Income: 7.10%
#13 North Smithfield
FY 2014 Tax Rates Per $1,000 in Value
Residential: $15.86
Commercial: $17.57
Personal Property: $42.75
Motor Vehicle: $37.62
Tax Cost for Residents
For a single family home valued at $240,000: $3,806.40
For 2008 Honda Accord: $569.94
Total Taxes as % Median Income: 5.54%
#12 Lincoln
FY 2014 Tax Rates Per $1,000 in Value
Residential: $23.49
Commercial: $26.85
Personal Property: $36.89
Motor Vehicle: $30.66
Tax Cost for Residents
For a single family home valued at $240,000: $3,664.44
For 2008 Honda Accord: $464.50
Total Taxes as % Median Income: 5.57%
Note: Has homestead exemption.
#11 Warwick
FY 2014 Tax Rates Per $1,000 in Value
Residential: $19.79
Commercial: $29.68
Personal Property: $39.58
Motor Vehicle: $34.60
Tax Cost for Residents
For a single family home valued at $240,000: $4,749.60
For 2008 Honda Accord: $524.19
Total Taxes as % Median Income: 8.79%
#10 West Warwick
FY 2014 Tax Rates Per $1,000 in Value
Residential Rates:
- For apartments with 6+ units: $35.26
- For two to five family buildings: $35.26
- For single family homes: $24.67
Commercial: $29.98
Personal Property: $39.00
Motor Vehicle: $28.47
Tax Cost for Residents
For a single family home valued at $240,000: $5,920.80
For 2008 Honda Accord: $431.32
Total Taxes as % Median Income: 12.70%
Note: For ranking purposes, the average of the three residential rates was used.
#9 Cranston
FY 2014 Tax Rates Per $1,000 in Value
Residential: $22.84
Commercial: $34.26
Personal Property: $34.26
Motor Vehicle: $42.44
Tax Cost for Residents
For a single family home valued at $240,000: $5,481.60
For 2008 Honda Accord: $642.97
Total Taxes as % Median Income: 10.48%
#8 Smithfield
FY 2014 Tax Rates Per $1,000 in Value
Residential: $17.52
Commercial: $17.52
Personal Property: $61.06
Motor Vehicle: $39.00
Tax Cost for Residents
For a single family home valued at $240,000: $4,204.80
For 2008 Honda Accord: $590.85
Total Taxes as % Median Income: 6.54%
#7 East Providence
FY 2014 Tax Rates Per $1,000 in Value
Residential: $22.78
Commercial: $25.21
Personal Property: $56.25
Motor Vehicle: $37.10
Tax Cost for Residents
For a single family home valued at $240,000: $4,647.12
For 2008 Honda Accord: $562.07
Total Taxes as % Median Income: 10.54%
Note: Rates are for FY 2013. Has homestead exemption.
#6 Johnston
FY 2014 Tax Rates Per $1,000 in Value
Residential: $28.75
Commercial: $28.75
Personal Property: $59.22
Motor Vehicle: $41.46
Tax Cost for Residents
For a single family home valued at $240,000: $5,520.00
For 2008 Honda Accord: $628.12
Total Taxes as % Median Income: 11.20%
Note: Has homestead exemption.
#5 Pawtucket
FY 2014 Tax Rates Per $1,000 in Value
Residential: $23.06
Commercial: $30.88
Personal Property: $52.09
Motor Vehicle: $53.30
Tax Cost for Residents
For a single family home valued at $240,000: $5,534.40
For 2008 Honda Accord: $807.50
Total Taxes as % Median Income: 16.00%
#4 North Providence
FY 2014 Tax Rates Per $1,000 in Value
Residential: $24.29
Commercial: $31.03
Personal Property: $69.41
Motor Vehicle: $41.95
Tax Cost for Residents
For a single family home valued at $240,000: $4,663.68
For 2008 Honda Accord: $635.54
Total Taxes as % Median Income: 10.55%
Note: Has homestead exemption.
#3 Woonsocket
FY 2014 Tax Rates Per $1,000 in Value
Residential: $34.56
Commercial: $39.81
Personal Property: $46.58
Motor Vehicle: $46.58
Tax Cost for Residents
For a single family home valued at $240,000: $4,976.64
For 2008 Honda Accord: $705.69
Total Taxes as % Median Income: 14.45%
Note: Has homestead exemption.
#2 Providence
FY 2014 Tax Rates Per $1,000 in Value
Residential Rates:
- For owner-occupied residential property: $19.25
- For non-owner-occupied residential property: $33.75
Commercial: $36.75
Personal Property: $55.80
Motor Vehicle: $60.00
Tax Cost for Residents
For a single family home valued at $240,000: $4,620.00
For 2008 Honda Accord: $909.00
Total Taxes as % Median Income: 14.21%
Note: For ranking purposes, the average of the two residential rates was used.
#1 Central Falls
FY 2014 Tax Rates Per $1,000 in Value
Residential: $25.72
Commercial: $37.06
Personal Property: $73.11
Motor Vehicle: $48.65
Tax Cost for Residents
For a single family home valued at $240,000: $4,728.36
For 2008 Honda Accord: $737.05
Total Taxes as % Median Income: 14.43%
Note: Has homestead exemption.
