Property Tax Fairness
From the Center for Municipal Finance
After downloading the dataset, please run the below R code, for example in RStudio. Remember to replace “your output directory” with the path where you want to save the generated report.
library(cmfproperty)
df <- fread(“indy_final_output.csv”)
df <- df %>% mutate(SALE_YEAR = Year, SALE_PRICE = parse_number(`Sales Price`), ASSESSED_VALUE = Gross_Improvement_Value, TAX_YEAR = Year)
df <- df %>% filter(!is.na(SALE_PRICE), !is.na(ASSESSED_VALUE), SALE_PRICE > 100, ASSESSED_VALUE > 100, SALE_PRICE < 10000000)
ratios <- cmfproperty::reformat_data(df, sale_col = “SALE_PRICE”, assessment_col = “ASSESSED_VALUE”, sale_year_col = “SALE_YEAR”)
cmfproperty::make_report(ratios, jurisdiction_name = “Inndianapolis City”, output_dir = “your output directory”)
Below is a pre-generated example report: