FY 2024-2025 Final Adopted Budget

PROPERTY TAX RATE 7KH SURSHUW\ WD[ UDWH IRU WKH )< DGRSWHG EXGJHW LV FHQWV SHU RI DVVHVVHG YDOXH WKH VDPH DV WKH DGRSWHG )< UDWH 7KH WD[ UDWH LV DOORFDWHG DW FHQWV WR WKH *HQHUDO )XQG FHQWV WR WKH 7UDQVLW )XQG DQG FHQWV WR WKH 1XVVEDXP +RXVLQJ 3DUWQHUVKLS )XQG 7KH DFFRPSDQ\LQJ FKDUW VKRZV WKH &LW\ RI *UHHQVERUR WD[ UDWHV VLQFH )< 7KH )< SURMHFWHG EXGJHW LV EDODQFHG ZLWK DQ RYHUDOO WD[ UDWH RI FHQW WKH VDPH DV WKH )< UDWH Tax Rates and Valuations

Year

Tax Rate

General Fund Economic Development

Housing Partnership

Transit Fund

Assessed Valuation

FY 04-05* FY 05-06 FY 06-07 FY 07-08 FY 08-09 FY 09-10 FY 10-11 FY 11-12 FY 12-13* FY 13-14 FY 14-15 FY 15-16 FY 16-17 FY 17-18* FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23* FY 23-24 FY 24-25

.5675 .5675 .6150 .6350 .6350 .6350 .6325 .6325 .6325 .6325 .6325 .6325 .6325 .6325 .6325 .6625 .6625 .6625 .6325 .6725 .6725

0.5500 .5475 .5800 .6000 .6000 .6000 .5975 .5918 .5897 .5872 .5872 .5872 .5856 .5856 .5856 .6156 .6206 .6206 .5875 .6275 .6275

.0175 .0200 .0350 .0350 .0350 .0350 .0350 .0337 .0334 .0334 .0334 .0334 .0350 .0350 .0350 .0350 .0350 .0350 .0350 .0350 .0350

20,958,789,781 21,259,854,794 22,054,637,868 22,594,699,541 24,184,833,849 24,348,151,212 24,219,785,239 24,456,470,950 24,660,976,137 25,423,086,180 25,272,730,744 25,670,533,471 26,075,817,552 27,506,258,623 27,942,839,631 29,095,112,529 29,692,728,008 29,750,834,729 36,797,562,983 38,344,870,632 39,303,500,000

.0070 .0069 .0069 .0069 .0069 .0069 .0069 .0069 .0069 .0069 .0069 .0100 .0100 .0100

.0025 .0050 .0050 .0050 .0050 .0050 .0050 .0050

* Property Revaluation

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