2021 Deduction Detail

172-Morris /Morris County

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	50,068,385	50,068,385	50,068,385
Homestead - State-Mandated Over-65 or Disabled $10,000	10,559,076	10,559,076	10,559,076
Homestead - 100% Disabled or Unemployable Veterans	5,235,430	5,235,430	5,235,430
Homestead - Disabled Veterans and Surviving Spouse	806,580	806,580	806,580
Homestead - Over-65 or Disabled Freeze Loss	27,562,295	24,768,528	27,562,295
Homestead - 10% Appraisal Cap Loss	8,071,620	7,831,962	8,071,620
Freeport	0	0	0
Pollution Control	158,530	158,530	158,530
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	594,167	594,167	594,167
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	20,120	20,120	20,120
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	1,419,515	1,419,515	1,419,515
Homestead - State-Mandated Over-65 or Disabled $10,000	367,058	367,058	367,058
Homestead - 100% Disabled or Unemployable Veterans	191,826	191,826	191,826
Homestead - Disabled Veterans and Surviving Spouse	54,776	54,776	54,776
Homestead - Over-65 or Disabled Freeze Loss	1,135,076	1,135,076	1,135,076
Homestead - 10% Appraisal Cap Loss	363,324	363,324	363,324
Freeport	0	0	0
Pollution Control	78,525,680	78,525,680	78,525,680
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	0	0	0
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	0	0	0
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	51,487,900	51,487,900	51,487,900
Homestead - State-Mandated Over-65 or Disabled $10,000	10,926,134	10,926,134	10,926,134
Homestead - 100% Disabled or Unemployable Veterans	5,427,256	5,427,256	5,427,256
Homestead - Disabled Veterans and Surviving Spouse	861,356	861,356	861,356
Homestead - Over-65 or Disabled Freeze Loss	28,697,371	25,903,604	28,697,371
Homestead - 10% Appraisal Cap Loss	8,434,944	8,195,286	8,434,944
Freeport	0	0	0
Pollution Control	78,684,210	78,684,210	78,684,210
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	0	0	0
Tax Increment Financing	0	0	0
Low Income Housing, Counties Under 1.8 Million Pop	0	0	0
Solar and Wind-Powered	0	0	0
Deferred Taxes	594,167	594,167	594,167
Prorations	0	0	0
Home Donated by Charity to Disabled Veterans	0	0	0
Disaster Reappraisal Market Value Adjustment	20,120	20,120	20,120
Homestead - Surviving Spouse 100% Disabled	0	0	0
Homestead - Surviving Spouse Service Member KIA	0	0	0
Homestead - Surviving Spouse First Responder LOD	0	0	0
Loss to Special Valuation	0	0	0
Bullion Depository	0	0	0
Personal Property In Transit	0	0	0
Total Deductions Allowed in PVS	185,133,458	182,100,033	185,133,458