By vote of the Board of Assessors, failure to submit a timely response will result in penalties for FY 2025.
Penalty: Class One, residential: $50 Class Three, commercial & Class Four, industrial: $250

Who should file: Owners of all property which is rented or leased, including but not limited to, apartment, office, retail, industrial, warehouse, commercial or mixed-use property. If a property is partially rented and partially owner occupied this report must be filed. Each summary page should reflect information for a single property based on the previous calendar year. If you own more than one rental property, you must file a separate report for each property.

If the property is owner-occupied and there is no rent of any type received for the property, or if the rental is between related parties, one should complete the owner and address information on the the top of the "Annual Income and Expense Summary Report", and check the appropriate reason at the bottom if the page.

How to file: Information is filed on an annual basis. This filing is for income and expense information for the period from 01/01/2023 through 12/31/2023. An "Annual Income and Expense Summary Report" and the appropriate Schedule (s) must be completed for all real property that produces rental income.

       Schedule A:  Apartment Rental Income
       Schedule AF:  Affordable Housing Rental Income
       Schedule B:  Commercial and Industrial Income
       Schedule C:  Mixed Use Income
       Annual Income and Expense (I&E) Summary Report: Under Annual Income and Expenses, list the total amounts of income and operating expenses on the lines provided.

       Income and Expense Instructions, click for letter & instructions

»Click applicable Schedule for editable version of form and an Annual I&E Summary Report.«