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State Report Card
Residential Property Value Compared to the Tax Rate
View/download Residential Property
Value per Student Compared to Tax Rate (PDF format, 12 KB)
WHAT YOU ARE LOOKING AT
This chart shows information about each district’s
ability to generate revenue to support its municipal services, including
its schools. The following chart – Relative
Tax Capacity and Effort – shows information about each
district’s ability to generate revenue compared with its efforts
to do so. The data are supplied by the Rhode Island Department of
Administration, Office of Municipal Affairs. We thank that office
for its cooperation and help.
The property value per pupil is calculated by
dividing the total assessed value for all the property in the district
by the average daily enrollment of public-school students residing
in that district. The tax rate is set by the local government, expressed
as a dollar rate per $1,000 of property value. Thus a $10.00 tax
rate on a $100,000 house will raise $1,000 in tax revenue. A house
valued at $50,000 will raise only half that amount, or $500. A poorer
community, whose houses have an average value of $50,000, would
have to raise its tax rate to $20.00 per $1,000 in order to generate
$1,000.
WHAT YOU ARE LOOKING FOR
You will notice the inequities among the 36 districts
resulting from the value of their residential property. Municipal
salaries, such as those of teachers, cost roughly the same from
community to community, so poor communities must tax their citizens
at much higher rates to generate the same amount of revenue as wealthier
communities.
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