2021 Annual Comprehensive Financial Report

Table VIII

Analysis of Current Tax Levy For the Fiscal Year Ended June 30, 2021

Total Levy

Property Excluding Registered

City - Wide Property Valuation

Registered

Basic Rate

Total Levy

Motor Vehicles

Motor Vehicles

Original Levy:

Property taxed at current year's rate

29,618,439,698 $

0.6625 $

$

196,222,163 6,695,660

179,048,213 $

17,173,950 $

Vehicle fee

6,695,660

Business Improvement District

.0800

816,618 38,128

801,070 35,848

15,548 2,280

Historic Districts

.0500/.0100

Total

29,618,439,698

203,772,569

179,885,131

23,887,438

Discoveries

Prior year taxes

466,987,933 466,987,933

Various

161,109 161,109

161,019 161,019

90 90

Total

Abatements

392,699,623

2,601,635

2,595,506

6,129

Total property valuation

29,692,728,008 $

Net levy

201,332,043

177,450,644

23,881,399

Uncollected taxes at June 30, 2021

889,437

828,286

61,151

Current year's taxes collected

$

200,442,606

176,622,358 $

23,820,248 $

Current levy collection percentage

99.56%

99.53%

99.74%

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