2025 Annual Comprehensive Report

Table VIII

Analysis of Current Tax Levy For the Fiscal Year Ended June 30, 2025

Total Levy

Property Excluding Registered

City - Wide

Registered

Basic Rate

Total Levy

Motor Vehicles

Motor Vehicles

Property Valuation

Original Levy:

Property taxed at current year's rate

$ 39,703,820,818 $.6725

$

267,008,195 6,555,634 1,261,538

$ 245,275,928

$ 21,732,267

Vehicle fee

6,555,634

Business Improvement District

.0900

1,239,736

21,802 2,911

Historic Districts

.0500/.0100

49,363

46,452

Total

39,703,820,818

274,874,730

246,562,116

28,312,614

Discoveries

Prior year taxes

753,356,950 Various

461,297 461,297

461,057 461,057

240 240

Total

753,356,950

Abatements

472,083,569

3,174,762

3,164,672

10,090

Total property valuation

$ 39,985,094,199

Net levy

272,161,265

243,858,501

28,302,764

Uncollected taxes at June 30, 2025

1,399,300

1,271,711

127,589

Current year's taxes collected

$

270,761,965

$ 242,586,790

$ 28,175,175

Current levy collection percentage

99.49%

99.48%

99.55%

-193