TNO releases impact & equity analysis of 2020 property assessments
Together New Orleans has released an impact and equity analysis of the 2020 property assessments called "The Good, The Bad and the Just-Plain-Not-Legal."
The analysis looked at two questions:
#1) IMPACT: How seriously will the impact of the assessment increasing be and what people and neighborhoods will be most severely affected?
#2) FAIRNESS: To what extent have the assessment increases been applied consistently across different values and types of property?
The study found that:
- Several thousand New Orleans households are likely to face unsustainable increases to their property taxes, which have the potential to result in displacement of those families; and
- The assessments valued low- and moderate-value properties far more aggressively than high-value properties.
- The assessments under-value vacant land and parking lots
- The assessments treat as "exempt" $155 million in industrial property which has no tax exemption and is therefore taxable
For more information, please email [email protected]
Download the report.
Next Summer Seminar: Alanah Odoms Hebert on how to cut LA incarceration in half
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BACKGROUND READING: “Blueprint for Smart Justice: Louisiana,” ACLU, 2018.
Reading is online here.
Tuesday, August 13, 6 to 7pm
Mt. Zion UMC, 2722 Louisiana
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TNO Launches Summer Issues Seminars with session on Cash Bail
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The reading for this session is the Vera Institute's report, "Paid in Full: A Plan to End Money Injustice in New Orleans" (2019). (Click to download.)