2023 Annual Comprehensive Report

Table VIII

Analysis of Current Tax Levy For the Fiscal Year Ended June 30, 2023

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

$ 38,158,779,605 0.6325 $

$

241,354,281 6,494,930 1,257,104

$ 223,399,788

$ 17,954,493

Vehicle fee

6,494,930

Business Improvement District

.0900

1,238,028

19,076 2,578

Historic Districts

.0500/.0100

49,054

46,476

Total

38,158,779,605

249,155,369

224,684,292

24,471,077

Discoveries

Prior year taxes

1,686,659,477 Various

353,046 353,046

352,896 352,896

150 150

Total

1,686,659,477

Abatements

1,285,813,238

8,132,769

8,121,290

11,479

Total property valuation

$ 38,559,625,844

Net levy

241,375,646

216,915,898

24,459,748

Uncollected taxes at June 30, 2023

1,377,018

1,287,701

89,317

Current year's taxes collected

$

239,998,628

$ 215,628,197

$ 24,370,431

Current levy collection percentage

99.43%

99.41%

99.63%

-193