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Tax Abatement: Period Estimated Taxes The Abatement Estimated Annual Service Charge Payment The Abatement
Tax Abatement: Period Estimated Taxes The Abatement Estimated Annual Service Charge Payment The Abatement
*The program is called a PILOT (Payment In Lieu Of Taxes) and the calculations above
are based on a $600,000 purchase price and assume that the taxes will stay at the 2019
tax rate of $1.813 per $100 of assessed value and the assessed value ratio was 99.19%.
Changes to HOA fees may affect the calculation of the annual service charge payment.
Additional details regarding The Collection at Morristown Tax Abatement are available
in the Public Offering Statement, Section 11.