2019 Comprehensive Annual Financial Report (CAFR)

Table VII

Analysis of Current Tax Levy For the Fiscal Year Ended June 30, 2019

Total Levy

Property Excluding Registered

Registered

City - Wide Property Valuation

Motor Vehicles

Motor Vehicles

Basic Rate

Total Levy

Original Levy:

Property taxed at current year's rate Vehicle fee Business Improvement District Historic Districts Total

$ 14,312,297 6,242,454 15,424 1,952 20,572,127

$ 163,877,283

$

178,189,580 6,242,454 717,284 38,009 185,187,327

$ 28,172,265,613

$ 0.6325

701,860 36,057 164,615,200

.0800 .0500/.0100

28,172,265,613

Discoveries

Prior year taxes Total

151,140,184 151,140,184

Various

509,669 509,669

509,669 509,669

Abatements

380,566,166

2,407,081

2,400,876

6,205

Total property valuation

$ 27,942,839,631

Net levy

183,289,915

162,723,993

20,565,922

Uncollected taxes at June 30, 2019

1,248,849

1,197,214

51,635

Current year's taxes collected

$

182,041,066

$ 161,526,779

$ 20,514,287

Current levy collection percentage

99.32%

99.26%

99.75%

-183-

Made with FlippingBook HTML5